6 bedroom Mid-Terrace House
Gerard Street North, Derby
£280,000 Guide Price
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GUIDE PRICE £280,000-£290,000 Fantastic investment opportunity in Derby City Centre! This prime property generates an impressive annual income of over £30,000. Ideally located, it offers strong rental demand, excellent transport links, and high potential
Investment Opportunity
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.
Property Reference: HRT013326583
Entrance Hall
Accessed via the double glazed front entrance door having stairs leading to the first floor and doors leading to:
Communal Kitchen 15ft 2ins x 8ft 2ins (4.64m x 2.49m)
Comprising a range of wall and base units incorporating work surfaces with an inset sink. Double glazed window to the rear and double glazed door leading to the outside.
Bedroom One 14ft 6ins x 10ft 5ins (4.42m x 3.19m)
Having a radiator and a double bay window to the front elevation. Door leading to:
En-Suite Shower Room 4ft 11ins x 4ft 11ins (1.51m x 1.51m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and a heated towel rail.
Ground Floor Bedroom Two 11ft 10ins x 9ft 10ins (3.63m x 3
Having a radiator and a double glazed window to the rear elevation. Door leading to:
En-Suite Shower Room 4ft 11ins x 4ft 10ins (1.5m x 1.48m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and a heated towel rail.
Landing
Having doors leading to:
First Floor Bedroom Three 14ft 5ins x 11ft 10ins (4.4m x 3
Having a radiator, kitchenette with sink and hob and a double glazed window to the front elevation. Door leading to:
En-Suite Shower Room 4ft 11ins x 5ft 0ins (1.5m x 1.53m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls.
Bedroom Four 11ft 11ins x 11ft 1ins (3.64m x 3.4m)
Having a radiator and a double glazed window. Door leading to:
En-Suite Shower Room 5ft 5ins x 5ft 1ins (1.66m x 1.55m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.
Bedroom Five 11ft 8ins x 8ft 5ins (3.56m x 2.58m)
Having a radiator and a double glazed window. Door leading to:
En-Suite Shower Room 8ft 1ins x 3ft 6ins (2.47m x 1.07m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.
Second Floor Bedroom Six 21ft 0ins x 14ft 5ins (6.42m x 4.
Having a Kitchenette, radiator and a double glazed Velux style window. Door leading to:
En-Suite Shower Room 4ft 9ins x 4ft 10ins (1.46m x 1.49m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.
Outside
The property is approached via a driveway. The rear garden has a patio area.
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.
£251,517
Average price paid in Derby
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