Price changed to £360,000
August 31, 2025
Listed for £350,000
June 9, 2025
Sold for £190,000
2002
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Outdoor Amenities
Beyond its interior offerings, the property includes outdoor space specifically designed for bike storage, accommodating the needs of environmentally conscious tenants or those who prefer cycling as their primary mode of transport. This additional feature highlights the property’s consideration for modern urban living.
Investment Appeal
With its remarkable yearly income and minimal void periods, this property is an exceptional investment opportunity. It is fully furnished throughout, eliminating the need for any initial setup costs. The layout and amenities have been carefully planned to attract long-term tenants, ensuring a consistent and reliable income stream. The current yield of 12.5% exemplifies the property’s financial potential, making it an ideal choice for investors looking to expand their portfolio in the competitive Derby market.
Prime Location
Situated in Derby, a city known for its robust rental market and vibrant community, the property benefits from excellent transport links, local amenities, and a dynamic social scene. Its central location ensures strong tenant demand, further solidifying its status as a standout investment property.
Conclusion
In summary, this nine-bedroom HMO property in Derby is a rare gem that combines outstanding financial performance with tenant-focused design. From its spacious bedrooms and functional communal areas to its convenient laundry facilities and outdoor storage solutions, every aspect of this property has been tailored to meet the needs of today’s tenants. With an impressive gross yield of 12.5% and a yearly income of circa £45,000, this investment opportunity is not to be missed. Whether you are a seasoned investor or new to the property market, this turnkey HMO is poised to deliver exceptional returns and long-term success.