27, Market Place, Kegworth
Derby
Derbyshire
DE74 2EE
Hollands Way, Kegworth, Derby
£290,000
4 Bedroom House
- HMO with Article 4 permission
- Over an 8% return at full asking price
- Modern finish to high spec
- 4 bedrooms
- 2 bathrooms plus downstairs WC
- Conservatory
- Offset garage with parking space
- Large reception room
- Popular location with local students
- Close to local amenties, bus stop and Sideley Park
**No onward chain** Excellent investment opportunity or family home. Townhouse with 3 storeys, 4 bedrooms, 2 bathrooms, conservatory, downstairs WC offset garage and parking.
**No Chain** Currently let as a four bedroom HMO with Article 4 permission. Let until July 2026, this would make an excellent investment or an opportunity to revert it back into a family home. Modern 3 storey townhouse. Comprising 4 bedrooms, 2 bathrooms, downstairs WC, lounge with breakfast bar, modern kitchen, conservatory, detached brick built garage, easy to maintain garden and off-road parking.
The house has been refurbished and decorated to a modern high spec. The location is popular with students from the Sutton Bonington Campus of Nottingham University. A realistic rent to relet would be £2000 per month excluding bills, which gives a yield of over 8.2% at full asking price.
The property is located in the popular village of Kegworth. With excellent transport links, it is within commuting distance of Nottingham, Derby, Leicester and London, with regular trains to St. Pancras from East Midlands Parkway railway station and close to the M1 motorway. It is also conveniently located for Donington Park Motorsport Circuit and Nottingham East Midlands Airport. The village is also close to Sutton Bonington Campus of Nottingham University and this property would also be a great investment as a buy to let.
Ground floor
Kitchen
3.30m x 2.49m (10'10 x 8'2)Modern fitted kitchen with white gloss units, grey modern flooring, integrated oven with hobtop and extractor, tumble dryer, washing machine and fridge freezer.
Lounge/diner
4.75m x 4.34m (15'7 x 14'3)Spacious lounge with a fitted breakfast bar/study bench, dining table and chairs and a lounge area. The lounge has modern decor and access via double uPvc doors to the conservatory.
Conservatory
Useful extra recpeption space currently laid out as a snug but has flexible use. Modern grey vinyl and access through to the rear garden.
WC
Useful downstairs WC, with modern grey tiles to the walls and a modern two piece suite comprising a WC and vanity basin.
First floor
Bedroom
4.72m x 2.79m (15'6 x 9'2)Large double bedroom with modern decor and a double aspect.
Bedroom
2.79m x 2.77m (9'2 x 9'1)Bedroom currently laid out as a single with modern decor. Large enough to accomodate a small double bed if preferred.
Bathroom
2.74m x 1.98m (9 x 6'6)Modern family bathroom refurbished to a high spec with three piece suite comprising a full length bath with shower over and glass door, wall mounted basin and WC. The bathroom has contemporary decor with monochrome tiles to the walls, black vinyl and white paintwork.
Second floor
Bedroom
4.83m x 4.75m (15'10 x 15'7)Spacious double bedroom with modern decor and a double aspect.
Bedroom
2.90mx 2.87m (9'6x 9'5)Bedroom currently laid out as a single with modern decor. Large enough to accomodate a small double bed if preferred.
Bathroom
2.90m x 1.85m (9'6 x 6'1)Modern shower room with a three piece suite comprising a walk in shower cubicle with glass surround, wall mounted WC and a vanity basin. The decor is contemporary with grey tiles to the walls, black vinyl flooring and white paintwork. There is a Velux skylight and ladder style radiator.
Outside
To the rear of the property is a very low maintainence garden which has been hardscaped with a patio,raised flower bed and fenced boundary. There are steps down to a gate. The gate provides rear access to the garden and turning left after exiting through the gate is the brick garage with a parking space in front.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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