£280,000
Mill Street, Clowne, Chesterfield, S43
- 5 beds
£280,000
- 5 beds
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LICENCED 5 BED HOUSE IN MULTIPLE OCCUPATION - NEWLY RENOVATED - POTENTIAL ?30,000 ANNUAL INCOME OFFERING A 10.7% GROSS YIELD
Nestled in the heart of Clowne, this impressive Victorian former school masters house presents a remarkable opportunity for investors looking for a profitable return. Originally built in 1900, the property has been thoughtfully renovated throughout, showcasing modern fittings and service installations while retaining its charming period features.
Spanning an impressive 1,438 square feet, this licensed five-bedroom house in multiple occupation is designed to accommodate a variety of lifestyles. Each of the five generously sized bedrooms offers ample space and comfort, making it ideal for professionals. The property boasts two well-appointed bathrooms and a modern kitchen diner, ensuring convenience for all residents.
Situated in a prime town centre location, the property is just a stone's throw away from a diverse array of shops and amenities, providing easy access to everything one might need. With an estimated gross rental income of ?30,000 per annum, equating to ?500 per bed per month, this property represents a sound investment opportunity.
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