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Crompton Street, Derby

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Fully tenanted HMO
  • Current annual rental income - £19,240
  • All double rooms
  • Professional house share
  • Close to Derby city centre
  • BEING SOLD WITH TENANTS IN SITU
  • Freehold
  • EPC rating D
  • Council tax band - A
  • ideal investment opportunity

Description

This well-maintained 3-bedroom HMO with an additional loft room is offered to the market as a turnkey investment, ideal for investors seeking immediate rental income in a high-demand area.

The property is fully tenanted, generating consistent income, and features three generously sized bedrooms, a spacious communal kitchen, a well-appointed bathroom, and a converted loft room that provides valuable additional space.

While the property is already income-producing, light refurbishment is recommended to modernise key areas and further improve rental yield. Subject to the necessary consents, there is also potential to reconfigure the layout to formally create a fourth or even fifth bedroom, unlocking greater rental income and maximising return on investment. 

GROUND FLOOR  

HALL  

BEDROOM 1 11' 7" x 9' 6" (3.55m x 2.90m)  

LOUNGE 10' 9" x 14' 0" (3.28m x 4.27m)  

KITCHEN 7' 10" x 9' 10" (2.39m x 3.01m)  

LEAN TO 6' 6" x 10' 6" (2.00m x 3.22m)  

FIRST FLOOR  

BEDROOM 1 9' 8" x 14' 7" (2.95m x 4.47m)  

BEDROOM 3 11' 11" x 16' 2" (3.65m x 4.95m)  

BATHROOM 7' 10" x 9' 10" (2.39m x 3.01m)  

LOFT ROOM 16' 0" x 12' 3" (4.90m x 3.74m)  

THE LOCAL AREA Located in the heart of Derby city centre, offers a mix of urban amenities, historic charm, and green spaces, making it a lively and convenient place to live. The area is well-serviced by local bus routes, with Derby Bus Station nearby, offering easy access around the city and to surrounding areas. The area is also home to the new Becketwell Arena and is a state of-the-art live entertainment venue set to transform the city's cultural landscape. The 3,500-capacity venue will host a diverse range of events, including concerts, comedy shows,
sports, and conferences. The arena is a cornerstone of Derby's urban revival, aiming to boost the local economy and solidify the city's status as a hub for entertainment and community events.  
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Crompton Street, Derby

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About Martin & Co, Derby

1 Queen Street, Derby, DE1 3DL
About us

Striving to offer the most professional and friendly service, we are a family run business with over 30 years combined experience in the industry.

What we do

We specialise in selling and letting homes for the best price possible, managing your investments, and offering a range of property and financial services to suit your needs.

Who we are

We are all local people who know the area like the back of our hand. Most of us grew up here, and those that didn't have come to adopt the area like they did. 

How we're different

We don't like to do things just because that's how the others do it. Don't let us tell you, let us show you how we do things better. Call us today for a free market valuation or to enquire about one of our properties.

Your mortgage

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%
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Years
%
Monthly repayments
£834
We think you can borrow up to
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Disclaimer - Property reference 100691005737. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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