5 bedroom Semi-Detached House
Abbey Street, Derby
Showcase event Wednesday 20th May at 5pm
Showcase Wednesday 20th May at 5pm
Alternatively you can call us on 01332 955197 or visit our Derbybranch
Spacious city centre investment property offering excellent potential for refurbishment and strong future rental returns with vacant possession and no onward chain.
Prime Investment Opportunity
Previously operated as a House in Multiple Occupation, the property is being sold subject to the HMO licence, which has recently expired, offering buyers the opportunity to renew and tailor the setup to meet current licensing requirements and rental demands. With strong ongoing demand for shared accommodation within Derby city centre, this property is ideally positioned for professional tenants, students, or supported accommodation use, subject to the necessary consents.
The accommodation is spacious and versatile throughout and briefly comprises to the ground floor: an entrance hallway leading to two generously sized bedrooms, one of which benefits from its own en-suite shower room, providing attractive private facilities for tenants. There is also a communal living kitchen diner, creating a practical shared social space with excellent potential for modernisation and improvement.
To the first floor, the property offers three further well-proportioned bedrooms, one of which has a fitted shower facility. In addition, there is a separate shower room and an independent WC, providing convenient communal amenities for multiple occupants.
Externally, the property occupies a highly convenient central location within walking distance of Derby city centre amenities, shops, restaurants, transport links, and major employers, making it an appealing proposition for the rental market. The property also benefits from excellent access to the university, railway station, and major road networks including the A52 and A38.
This is a rare opportunity to acquire a sizeable city centre HMO with vacant possession, no onward chain, and outstanding potential to add value and increase rental income. Early viewing is highly recommended to fully appreciate the scale, location, and investment potential on offer.
Ideal for investors looking to expand their portfolio, reposition an existing HMO, or create a strong income-producing asset in a consistently popular rental location.
Property Reference: HRT013328203
Entrance Hall
Accessed via the double glazed front entrance door having stairs leading to the first floor, storage cupboard and doors leading to:
Lounge 17ft 0ins x 9ft 1ins (5.2m x 2.78m)
Having double glazed double doors leading to the outside, radiator, door leading to the cellar.
Kitchen 9ft 4ins x 6ft 7ins (2.87m x 2.01m)
Comrpising of a range of wall and base units incorporating work surfaces, having an inset sink, integrated oven, inset hob, double glazed door to the outside, double glazed window and door leading to:
Bedroom Two 10ft 1ins x 9ft 4ins (3.08m x 2.85m)
Having a double glazed door to the outside, double glazed bay window to the side elevation.
Bedroom One 13ft 1ins x 10ft 10ins (4.01m x 3.32m)
Having a radiator and a double glazed window to the front elevation.
Ensuite Shower Room 6ft 0ins x 4ft 3ins (1.84m x 1.32m)
Comprising of shower enclosure, pedestal wash hand basin and close coupled WC.
Landing
Having doors leading to:
Bedroom Three 11ft 0ins x 8ft 11ins (3.36m x 2.74m)
Having a double glazed window and a radiator.
Bedroom Four 10ft 11ins x 7ft 8ins (3.34m x 2.36m)
Having a radiator and a double glazed window to the front elevation.
Bedroom Five 9ft 3ins x 8ft 0ins (2.82m x 2.44m)
Having a shower enclosure, double glazed window to the rear elevation and a radiator.
Shower Room 9ft 2ins x 7ft 4ins (2.8m x 2.24m)
Having a shower enclosure, pedestal wash hand basin, close coupled WC, built in storage cupboard, built in airing cupboard housing the Baxi combination boiler, double glazed window to the rear elevation
Separate WC
Comprising of close coupled WC and a wall mounted wash hand basin.
About Derby
Derby in the East Midlands is controlled by Derby City Council, has more than 250,000 residents and has a diverse population. It lies in south Derbyshire on the Banks of the River Derwent and the largest employer in the area is Rolls-Royce, the world’s second-largest aero-engine manufacturer. The city is also the home of the Royal School for the Deaf Derby, and there is a significant deaf population in the community.
Derby plays host to a huge range of big events throughout the year, from the UK’s largest outdoor classical concert to a photography festival and beer festival, to name just a few. Whatever you like to do, you can probably do it in Derby. The Derby QUAD has an art gallery, cinemas, café bar and artists' studios, while Déda is a dance centre, running classes in everything from ballet to circus skills.
£241,883
Average price paid in Derby
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