Gerard Street North, Derby
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
3
- SIZE
Ask agent
- 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
- Investment Opportunity
- Annual Income CIRCA £32,000
- Six Bedrooms
- Six En-Suite Shower Room
- Two Rooms With Kitchenettes
- Communal Kitchen
- Communal Garden
Description
This is a fantastic opportunity to acquire a high-yielding, fully licensed HMO located in the heart of Derby City Centre. Generating a strong annual rental income circa £30,000, this property offers a ready-made investment with consistent returns and minimal hassle.
The property features six generously sized, fully furnished double bedrooms, each with its own private en-suite bathroom, ensuring privacy and convenience for all occupants. Two of the rooms are further enhanced with self-contained kitchenettes, adding an extra layer of comfort and independence that is highly attractive to professional tenants.
A spacious communal kitchen and dining area provides a social hub for tenants, while the property also benefits from gas central heating, double glazing throughout, and a low-maintenance rear yard. The HMO licence and all relevant safety certificates are fully up to date, ensuring compliance and peace of mind for any investor.
Ideally located within walking distance of Derby train station, city centre shops, restaurants, and major employers, the property also enjoys easy access to the University of Derby, making it suitable for both professional and student tenants. With strong occupancy levels and a high demand for quality rental accommodation in the area, this property represents a solid investment with excellent long-term potential.
This is a rare opportunity to secure a fully operational, income-generating asset in a prime city centre location. Enquire today to arrange a viewing or to receive full financial details.
Entrance Hall
Accessed via the double glazed front entrance door having stairs leading to the first floor and doors leading to:
Communal Kitchen
15'2" x 8'2" (4.64m x 2.49m)
Comprising a range of wall and base units incorporating work surfaces with an inset sink. Double glazed window to the rear and double glazed door leading to the outside.
Bedroom One
14'6" x 10'5" (4.42m x 3.19m)
Having a radiator and a double bay window to the front elevation. Door leading to:
En-Suite Shower Room 1
4'11" x 4'11" (1.51m x 1.51m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and a heated towel rail.
En-Suite Shower Room 2
4'11" x 4'10" (1.50m x 1.48m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and a heated towel rail.
En-Suite Shower Room 3
4'11" x 5'0" (1.50m x 1.53m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls.
En-Suite Shower Room 4
5'5" x 5'1" (1.66m x 1.55m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.
En-Suite Shower Room 5
8'1" x 3'6" (2.47m x 1.07m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.
En-Suite Shower Room 6
4'9" x 4'10" (1.46m x 1.49m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.
Ground Floor Bedroom Two
11'10" x 9'10" (3.63m x 3.01m)
Having a radiator and a double glazed window to the rear elevation. Door leading to:
Landing
Having doors leading to:
First Floor Bedroom Three
14'5" x 11'10" (4.40m x 3.63m)
Having a radiator, kitchenette with sink and hob and a double glazed window to the front elevation. Door leading to:
Bedroom Four
11'11" x 11'1" (3.64m x 3.40m)
Having a radiator and a double glazed window. Door leading to:
Bedroom Five
11'8" x 8'5" (3.56m x 2.58m)
Having a radiator and a double glazed window. Door leading to:
Second Floor Bedroom Six
21'0" x 14'5" (6.42m x 4.40m)
Having a Kitchenette, radiator and a double glazed Velux style window. Door leading to:
Outside
The property is approached via a driveway. The rear garden has a patio area.
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Brochures
Brochure 1- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Gerard Street North, Derby
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Visit our security centre to find out moreDisclaimer - Property reference 0133_HRT013326583. 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 haart, 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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