Walbrook Road, Derby, Derbyshire

Attractive HMO Investment Opportunity

Address: 69 Walbrook Road, Derby, DE23 8SA
Property Type: 7-Bedroom, 7-Bathroom HMO (6 Ensuite)
Configuration: Originally Designed as an 8-bed HMO – Room 4 now converted into a communal lounge
Tenant Type: Fully Tenanted by Working Professionals

Property Overview

This licensed and fully tenanted 7-bed, 7-bath HMO offers an excellent income-generating opportunity in the heart of Derby’s high-demand rental market. With six ensuite bedrooms and one additional private bathroom, the property has been thoughtfully configured for long-term tenant appeal. The conversion of one bedroom into a comfortable communal lounge adds value and boosts tenant retention.

Strategically located near Derby city centre, 69 Walbrook Road offers stable cash flow and appealing yields with minimal operational complexity. This investment is ideal for those seeking reliable performance in a well-established professional letting market.

Local Market Insight

Derby is a key employment and industrial hub in the East Midlands, home to internationally recognised firms like Rolls-Royce, Toyota, and Bombardier, as well as the University of Derby. This mix of academic and commercial institutions creates diverse and sustained tenant demand, particularly for high-quality shared accommodation close to employment centres.

The property is ideally situated in a residential area with strong rental demand, providing tenants with easy access to city amenities, transport links, and major employers—making it particularly attractive to key workers and young professionals.

Connectivity & Regeneration

Derby benefits from excellent transport links, making it an ideal location for commuters and businesses alike. The city’s railway station provides direct services to London, Birmingham, and Nottingham, offering easy access to employment hubs across the UK. The A38 and M1 motorways provide strong road links, ensuring seamless connectivity to surrounding areas.

Ongoing city centre regeneration projects, including improvements in infrastructure and public spaces, are expected to drive property values and rental demand. With its rich cultural heritage, key attractions such as the Derby Museum and Art Gallery, and extensive amenities, Derby continues to strengthen its position as a prime location for property investment.

Financial Summary

Income Breakdown (Monthly):

Room 1: £450.00
Room 2: £415.00
Room 3: £375.00
Room 4: (Used as Lounge)
Room 5: £415.00
Room 6: £415.00
Room 7: £460.00
Room 8: £495.00

Total Monthly Income: £3,025.00

Total Annual Income: £36,300.00

Expenditure Breakdown (Monthly):

Gas and Electric: £270.00
Water: £50.83
Council Tax: £117.00
TV License: No Communal TV
Broadband: £36.99
Cleaner: £60.00 (Bi-Monthly)
Management: £302.50 (10%)

Total Monthly Expenditure: £837.32

Total Annual Expenditure: £10,047.84

Net Annual Income: £26,252.16

Yields:

Gross Yield: 11.00%

Net Yield: 7.96%

Investment Commentary

This high-performing HMO combines strong yields with a fully managed, turnkey setup. With annual net income exceeding £26,000 and low operating overheads, 69 Walbrook Road is well-suited to investors seeking stable income, low maintenance, and long-term growth potential. Its location, quality accommodation, and tenant appeal make this a standout opportunity in Derby’s professional lettings market.

HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.