Property Overview

* 7-bedroom Victorian terraced HMO
* Retains many original character features
* 1 en-suite bedroom
* 6 further bedrooms sharing 2 bathrooms
* Spacious layout typical of large period terraces
* Well suited to professional or student tenants
* Strong and consistent rental performance

Detailed Property Description & Layout

Ground Floor:

The ground floor comprises two double bedrooms, one of which is already en-suite. The second bedroom is generously sized and suitable for conversion to an en-suite. To the rear of the property is a traditional tiled kitchen with a dining area, complemented by a separate laundry room and WC. Beyond the kitchen is a mature rear garden, providing outdoor amenity and further enhancing tenant appeal.

First Floor:

To the rear is a small double bedroom positioned next to a large Victorian family bathroom featuring a freestanding bathtub. These two rooms could be reconfigured into a single en-suite bedroom. In the centre of the first floor is a large double bedroom which is suitable for an en-suite shower room. To the front is a very large double bedroom, also well sized for an en-suite shower room.

Second (Top) Floor:

The top floor comprises two further double bedrooms and a separate shower room, along with an office. The office can be converted into an en-suite to serve one of the bedrooms, resulting in one en-suite bedroom and one off-suite bedroom on this level.

Value-Add Configuration:

By implementing the above changes, the property can be reconfigured to provide six en-suite bedrooms and one off-suite bedroom, which would materially increase rental income and enhance the property's commercial value.

Development & Upside Potential

* The property benefits from substantially sized bedrooms, providing clear scope to convert all rooms to en-suite.

* Planning permission is in place to support conversion to a 7 en-suite HMO configuration, enabling a future owner to materially increase rental income and asset value.

* A valid HMO licence is already in place, providing immediate operational continuity.

* The property is located within an Article 4 area of Derby, meaning the existing HMO use and licensing represent a significant planning advantage and barrier to entry for new competitors.

This creates a compelling value-add strategy: upgrade to full en-suite provision to drive higher rents, improve tenant demand, and enhance the property's long-term commercial valuation.