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5 bedroom terraced house for sale

Forester Street, Derby, Derbyshire, DE1

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

3

SIZE

1,066 sq ft

99 sq m

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.

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Key features

  • Fully compliant 5-bedroom HMO
  • Excellent city-centre location
  • Strong professional tenant demand
  • Large communal kitchen / dining area
  • Fully let and income producing

Description

Key Investment Highlights

Asking Price: £225,000

Property Type: 5 Bed Licensed HMO

Configuration:

5 Bedrooms

2 Bathrooms

1 Large Communal Dining Kitchen

Tenant Type: Professional sharers

Occupancy: Fully Let

Location: Derby City Centre - DE1

Performance:

Net Annual Income (After Mortgage & Core Costs): £27,899

Net Monthly Income: ~£2,325

Monthly Operating Costs (Before Voids, Maintenance & Mgmt): £1,453.13

Property Overview

Fully compliant 5-bedroom HMO

Excellent city-centre location

Strong professional tenant demand

Large communal kitchen / dining area

2 shared bathrooms

Fully let and income producing

Turnkey investment - no work required

Proven, stable operating performance

Well-presented five-bedroom professional HMO arranged over two floors and located in a highly convenient city centre position in Derby.

The ground floor comprises two spacious double bedrooms, a large communal dining kitchen fitted with modern appliances and ample storage, providing an excellent social space for tenants, and a separate downstairs WC.

To the first floor, the property offers three further double bedrooms along with two modern shower rooms, ensuring practical and comfortable living for multiple occupants.

The property is well laid out and designed specifically for shared living, offering generous communal space alongside well-proportioned private bedrooms. It is currently fully let to professional tenants and operates as a successful HMO.

This is an ideal turnkey investment in a strong central location with consistent tenant demand.
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
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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Forester Street, Derby, Derbyshire, DE1

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About Ibbotson Estates, Derby

6 Hall Street, Alvaston, Derby, DE24 8RZ

Ibbotsons Estates specialise in showcasing the finest properties across the East Midlands available for Sale.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,027
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 11Forester. 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 Ibbotson Estates, 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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