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Abbey Street, Derby

PROPERTY TYPE

Semi-Detached

BEDROOMS

5

BATHROOMS

3

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

  • Five Bedrooms
  • Vacant Possession
  • Former Licensed HMO
  • City Centre Location
  • Investment Potential
  • No Upward Chain

Description

Located on the ever-popular Abbey Street in the heart of Derby city centre, this substantial five-bedroom HMO property presents an exceptional opportunity for investors seeking a high-yielding rental investment with significant scope for further enhancement and income optimisation. Offered to the market with no upward chain and vacant possession, the property provides immediate flexibility for purchasers looking to refurbish, reconfigure, or modernise to maximise future returns.
Previously operated as a House in Multiple Occupation, the property is being sold subject to the HMO licence, which has recently expired, offering buyers the opportunity to renew and tailor the setup to meet current licensing requirements and rental demands. With strong ongoing demand for shared accommodation within Derby city centre, this property is ideally positioned for professional tenants, students, or supported accommodation use, subject to the necessary consents.
The accommodation is spacious and versatile throughout and briefly comprises to the ground floor: an entrance hallway leading to two generously sized bedrooms, one of which benefits from its own en-suite shower room, providing attractive private facilities for tenants. There is also a communal living kitchen diner, creating a practical shared social space with excellent potential for modernisation and improvement.
To the first floor, the property offers three further well-proportioned bedrooms, one of which has a fitted shower facility. In addition, there is a separate shower room and an independent WC, providing convenient communal amenities for multiple occupants.
Externally, the property occupies a highly convenient central location within walking distance of Derby city centre amenities, shops, restaurants, transport links, and major employers, making it an appealing proposition for the rental market. The property also benefits from excellent access to the university, railway station, and major road networks including the A52 and A38.
This is a rare opportunity to acquire a sizeable city centre HMO with vacant possession, no onward chain, and outstanding potential to add value and increase rental income. Early viewing is highly recommended to fully appreciate the scale, location, and investment potential on offer.
Ideal for investors looking to expand their portfolio, reposition an existing HMO, or create a strong income-producing asset in a consistently popular rental location.

Entrance Hall

Accessed via the double glazed front entrance door having stairs leading to the first floor, storage cupboard and doors leading to:

Lounge

17'0" x 9'1" (5.20m x 2.78m)

Having double glazed double doors leading to the outside, radiator, door leading to the cellar.

Kitchen

9'4" x 6'7" (2.87m x 2.01m)

Comrpising of a range of wall and base units incorporating work surfaces, having an inset sink, integrated oven, inset hob, double glazed door to the outside, double glazed window and door leading to:

Bedroom Two

10'1" x 9'4" (3.08m x 2.85m)

Having a double glazed door to the outside, double glazed bay window to the side elevation.

Bedroom One

13'1" x 10'10" (4.01m x 3.32m)

Having a radiator and a double glazed window to the front elevation.

Ensuite Shower Room

6'0" x 4'3" (1.84m x 1.32m)

Comprising of shower enclosure, pedestal wash hand basin and close coupled WC.

Landing

Having doors leading to:

Bedroom Three

11'0" x 8'11" (3.36m x 2.74m)

Having a double glazed window and a radiator.

Bedroom Four

10'11" x 7'8" (3.34m x 2.36m)

Having a radiator and a double glazed window to the front elevation.

Bedroom Five

9'3" x 8'0" (2.82m x 2.44m)

Having a shower enclosure, double glazed window to the rear elevation and a radiator.

Shower Room

9'2" x 7'4" (2.80m x 2.24m)

Having a shower enclosure, pedestal wash hand basin, close coupled WC, built in storage cupboard, built in airing cupboard housing the Baxi combination boiler, double glazed window to the rear elevation

Separate WC

Comprising of close coupled WC and a wall mounted wash hand basin.

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

Material InformationBrochure
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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Abbey Street, Derby

Approximate location

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Affordability

Monthly repayments£1,003
Property: £ 200,000
Deposit: £ 20,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About haart, Derby

24-25 Cornmarket, Derby, DE1 2DP
Industry affiliations:

haart of Derby

showcase™ and equitymaximiser™ are the power couple that combine two proven methods to create demand for your property, attract serious buyers and help secure the right price. It's that simple.

At haart of Derby, we take a different approach. Rather than rushing straight to the open market, we prepare every detail for maximum impact.

Our showcase™ strategy follows a 15-step phased launch over two weeks, carefully building momentum before your home goes live. Every stage is designed to lead to the key moment, the Launch Event, when motivated buyers are invited to view your home.

By building early interest and bringing buyers together at the Launch Event, we create the kind of momentum that helps buyers feel confident about making their best offer.

That's when equitymaximiser™ comes into play, guiding the negotiation process and ensuring every offer is handled carefully and professionally, helping both buyers and sellers move forward with confidence.

The result? More serious buyers, stronger offers, and the best outcome for your home.

Ask about showcase™ and equitymaximiser™ and unlock your home’s true value.

haart introduce to Just Mortgages which is a trading name of Just Mortgages Direct Limited which is an appointed representative of Openwork Ltd who are authorised and regulated by the Financial Conduct Authority.

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Disclaimer - Property reference 0133_HRT013328203. 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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