Merchant Street, Derby, DE22

Nicholas Humphreys are pleased to bring to the Derby sales market this fantastic 5 bedroom Investment opportunity in the Ashbourne Road area of Derby.

In brief, the accommodation on the ground floor consists of the lounge, kitchen, two shower rooms, small laundry area and bedroom.

The first floor consists a further four bedroom and another shower room.

This is a perfect Investment HMO property with a license in place.

The property is ideally located being close to various campuses of the University of Derby and The Royal Derby Hospital.

The property currently generates a gross income of £25,200 over a 48 Weeks period with tenancy agreements signed for the 2025/2026 academic year.

Viewing is essential to fully appreciate this property

Entrance Hall

UPVC front door leading into the hall way, with stairs to the front door and doors leading to the ground floor bedroom and living room.

Lounge / Diner

Open plan room with UPVC double glazed window to the front aspect of the property, radiator, and access into the kitchen

Kitchen

Fitted kitchen with a range of wall and base units with roll top work surface and inset sink, gas hob, electric oven with extractor hood and breakfast bar.
UPVC double glazed window and door to the rear aspect of the property and doorway leading to the utility area and two shower rooms.

Utility area

1.42m x 2.79m (4'8" x 9'2")

Utility area leading to the two ground floor shower rooms.
The utility area has a UPVC double glazed window to the rear of the property and plumbing for the washing machine with a roll top work surface for storage above.

Shower room One

Shower room with low level WC, hand basin, radiator and shower.

Shower room Two

Shower room with low level WC, radiator, and obscure UPVC window to the rear of the property.

Ground floor bedroom

5.03m x 2.49m (16'6" x 8'2")

Large ground floor bedroom with radiator, and UPVC double glazed window to the front aspect of the property.

First floor Landing

Landing area with access to 4 bedroom and loft access.

Bedroom one (first floor)

3.76m x 4.85m (12'4" x 15'11")

Bedroom one, benefitting from fitted wardrobes, radiator and two UPVC double glazed windows to the front aspect of the property.

Bedroom two (first floor)

2.03m x 4.45m (6'8" x 14'7")

Bedroom two has a radiator and UPVC double glazed window to the rear of the property.

Bedroom three (first floor)

3.45m x 2.59m (11'4" x 8'6")

Bedroom three has a radiator and UPVC double glazed window to the rear of the property.

Bedroom four (first floor)

3.71m x 2.87m (12'2" x 9'5")

Bedroom four has a radiator and UPVC double glazed window to the front of the property.

First floor shower room

Shower room with low level WC, wash basin, shower cubicle and radiator.

Rear garden

The house features a generous size garden that has both a patio are and large grassed area.