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6 bedroom Mid-Terrace House

Stanley Street, Derby

£300,000

Alternatively you can call us on 01332 955197 or visit our Derbybranch

GUIDE PRICE £300,000 - £325,000 - Licensed six-bedroom HMO arranged over three floors in Derby city centre, currently part let and offering strong rental potential. Features include ensuite bedrooms, communal living space and an enclosed rear garden.

Investment Opportunity

GUIDE PRICE £300,000 - £325,000 - A fantastic opportunity to purchase a licensed HMO investment property ideally located on Stanley Street in Derby city centre, offering strong rental demand and excellent potential for a buyer looking to expand or strengthen their portfolio. The property is currently part let with three rooms occupied and provides accommodation for up to six ensuite bedrooms in total, with the potential income £32,400 PA based on all six rooms occupied achieving an average rent of £450PCM.

The property is arranged over three floors and briefly comprises an entrance hall leading through to a spacious communal living kitchen diner, designed to meet the needs of shared accommodation and social living. To the ground floor, there are two well-proportioned double bedrooms, both benefiting from private ensuite shower rooms.

To the first floor, the layout continues with three further double bedrooms, each with their own ensuite facilities, offering consistency and strong appeal to tenants. The second floor completes the accommodation with an additional double bedroom with ensuite, providing a more private space within the property.

Externally, the property benefits from an enclosed rear garden, a valuable feature for a city centre HMO and an attractive addition for occupiers.

The property is being offered for sale with no upward chain, allowing for a smooth and efficient transaction. With its central location, full HMO licensing, and flexible rental potential, this property represents a strong investment opportunity.

Please contact us for further information or to arrange a viewing.

Property Reference: HRT013327944

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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.

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haart Derby

24 Cornmarket,
Derby,
Derbyshire,
DE1 2DP

Aaron Ottewell

Area Partner

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