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6 Bed HMO, Derby, DE1 1PA £280,000

Gerard Street North, Derby, DE1 1PA - 3 views - 6 months ago
  1. Deal Search
  2. Derby
  3. DE1
  4. DE1 1PA
HMO
Inside Article 4
ROI: 6%
~186 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Derby
  • More Deals in DE1
  • More HMO Deals
  • More HMO Deals in Derby
  • More HMO Deals in DE1

Property History

Price changed to £280,000

June 28, 2025

Listed for £300,000

May 27, 2025

Floor Plans

Description

  • Investment Opportunity +
  • Annual Income CIRCA £32,000 +
  • Six Bedrooms +
  • Six En-Suite Shower Room +
  • Two Rooms With Kitchenettes +
  • Communal Kitchen +
  • Communal Garden +

GUIDE PRICE £280,000-£290,000
Exceptional Investment Opportunity – Tenanted 6-Bed HMO in Derby City Centre

This is a fantastic opportunity to acquire a high-yielding, fully licensed HMO located in the heart of Derby City Centre. Generating a strong annual rental income circa £30,000, this property offers a ready-made investment with consistent returns and minimal hassle.

The property features six generously sized, fully furnished double bedrooms, each with its own private en-suite bathroom, ensuring privacy and convenience for all occupants. Two of the rooms are further enhanced with self-contained kitchenettes, adding an extra layer of comfort and independence that is highly attractive to professional tenants.

A spacious communal kitchen and dining area provides a social hub for tenants, while the property also benefits from gas central heating, double glazing throughout, and a low-maintenance rear yard. The HMO licence and all relevant safety certificates are fully up to date, ensuring compliance and peace of mind for any investor.

Ideally located within walking distance of Derby train station, city centre shops, restaurants, and major employers, the property also enjoys easy access to the University of Derby, making it suitable for both professional and student tenants. With strong occupancy levels and a high demand for quality rental accommodation in the area, this property represents a solid investment with excellent long-term potential.

This is a rare opportunity to secure a fully operational, income-generating asset in a prime city centre location. Enquire today to arrange a viewing or to receive full financial details.

Agent Details

haart, Derby

01332 215411

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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