5 Bed HMO, Derby, DE1 1PP £225,000

Forester Street, Derby, Derbyshire, DE1 1PP - 2 days ago
HMO
Inside Article 4
~178

Property History

Listed for £225,000

January 26, 2026

Sold for £115,000

2015

Sold for £122,500

2006

Floor Plans

Description

  • Fully compliant 5-bedroom HMO +
  • Excellent city-centre location +
  • Strong professional tenant demand +
  • Large communal kitchen / dining area +
  • Fully let and income producing +

Key Investment Highlights

Asking Price: £225,000

Property Type: 5 Bed Licensed HMO

Configuration:

5 Bedrooms

2 Bathrooms

1 Large Communal Dining Kitchen

Tenant Type: Professional sharers

Occupancy: Fully Let

Location: Derby City Centre - DE1

Performance:

Net Annual Income (After Mortgage & Core Costs): £27,899

Net Monthly Income: ~£2,325

Monthly Operating Costs (Before Voids, Maintenance & Mgmt): £1,453.13

Property Overview

Fully compliant 5-bedroom HMO

Excellent city-centre location

Strong professional tenant demand

Large communal kitchen / dining area

2 shared bathrooms

Fully let and income producing

Turnkey investment - no work required

Proven, stable operating performance

Well-presented five-bedroom professional HMO arranged over two floors and located in a highly convenient city centre position in Derby.

The ground floor comprises two spacious double bedrooms, a large communal dining kitchen fitted with modern appliances and ample storage, providing an excellent social space for tenants, and a separate downstairs WC.

To the first floor, the property offers three further double bedrooms along with two modern shower rooms, ensuring practical and comfortable living for multiple occupants.

The property is well laid out and designed specifically for shared living, offering generous communal space alongside well-proportioned private bedrooms. It is currently fully let to professional tenants and operates as a successful HMO.

This is an ideal turnkey investment in a strong central location with consistent tenant demand.

Agent Details

Ibbotson Estates, Derby

01332 215082

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.