Crompton Street, Derby
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
1
- SIZE
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- TENUREDescribes 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
- Ideal investment opportunity
- Current annual rental income - £18,460
- Modern fitted kitchen
- Four bedroom HMO
- Close to Derby city centre
- Council tax band - A
- Being sold with tenants in situ
- Freehold
- EPC rating D
- Ideal investors opportunity
Description
Internally, the property features four generously sized bedrooms, a spacious and functional communal kitchen, and a shared bathroom, all of which are well-suited to the needs of professional tenants. The layout offers comfortable shared living while keeping maintenance practical and efficient.
While the property is currently income-generating and in a lettable condition, light refurbishment or modernisation is recommended to enhance its appeal and rental value. Importantly, there is clear potential to convert the property into a 5-bedroom HMO (subject to necessary consents), further increasing occupancy levels and boosting monthly rental yields.
With its strong existing income, low void risk, and future value-add potential, this property represents an excellent opportunity for HMO investors.
GROUND FLOOR
HALL
BEDROOM 1 12' 2" x 10' 9" (3.71m x 3.28m)
KITCHEN 8' 4" x 11' 1" (2.56m x 3.40m)
BEDROOM 2 6' 6" x 12' 5" (2.00m x 3.81m)
FIRST FLOOR
BATHROOM 9' 3" x 11' 8" (2.84m x 3.57m)
BEDROOM 3 10' 3" x 12' 2" (3.13m x 3.72m)
BEDROOM 4 14' 6" x 12' 3" (4.44m 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.
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- 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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Visit our security centre to find out moreDisclaimer - Property reference 100691005738. 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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