5 bedroom house of multiple occupation for sale
Hoult Street, Derby, Derbyshire
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
5
- BATHROOMS
1
- SIZE
1,001 sq ft
93 sq m
- TENUREDescribes 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
- Licensed 5 Bedroom HMO
- Company let secured until 2028
- Tenant pays all bills
- Net yield: 10.36%
- Net income: £22,800 PA
- Flexible sale with or without contract
- Strong professional tenant demand area
Description
The property is a fully licensed 5-bedroom HMO currently operating under a company let agreement secured until 2028, providing a truly hands-off investment. Under the terms of the contract, the tenant is responsible for all utility bills and council tax, ensuring predictable, low-maintenance income for the owner. The property can also be sold with vacant possession, giving flexibility for investors who wish to re-let, refinance or add further value.
The property currently generates a strong net income of £22,800 per annum, making it an ideal addition to any portfolio seeking reliable, long-term returns.
Hoult Street is well positioned within Derby, offering excellent connectivity and access to the city’s key amenities. The area benefits from easy access to Derby city centre, major road links including the A52, A38 and M1, and strong public transport routes. Derby Train Station is also nearby, providing direct connections to Nottingham, Birmingham, Sheffield and London.
Residents benefit from close proximity to local shops, supermarkets, cafes and green spaces, making the location highly attractive to professional tenants.
Derby is a major employment hub in the East Midlands and is home to some of the UK’s largest employers. The property is well located for access to Rolls-Royce, Toyota Manufacturing UK, Bombardier/Alstom, Royal Derby Hospital, Derby University, Pride Park business parks and the city centre commercial district.
This strong employment base drives consistent demand for quality HMO accommodation from professionals, contractors and corporate tenants, helping to ensure high occupancy and long-term rental stability.
This is an excellent opportunity for investors seeking a high-yield, low-management asset in a growing and well-connected city.
For further information or to arrange a viewing, please contact the team today.
Please note all properties are subject to a reservation fee of £500.00 to secure the property which is refundable on completion or under certain circumstances. For more information on this please don't hesitate to speak to the team
- 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.
- Yes
- 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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Hoult Street, Derby, Derbyshire
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Visit our security centre to find out moreDisclaimer - Property reference SQN-69991146. 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 SFT Property Services, Covering Nationwide. 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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