246 Uttoxeter New Road, Derby, Derbyshire, DE22 3LL
- PROPERTY TYPE
Cottage
- BEDROOMS
10
- 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
- Converted into a 10-bedroom HMO
- Planning permission in place for HMO use
- 9 studio rooms and 1 en-suite bedroom
- Modern shared kitchen, dining room, lounge
- All rooms meet or exceed Derby City Council space standards
- Large private rear car park with new access
Description
This is an excellent investment opportunity to acquire a fully refurbished former public house that has been converted into a high-quality 10-bedroom HMO (House in Multiple Occupation). The property is located in a prominent and busy position just outside Derby city centre, close to major employers, transport links, Royal Derby Hospital, and the University of Derby, making it an attractive location for tenants.
The property has undergone a complete back-to-brick renovation and has been finished to a modern standard throughout. It now provides 9 self-contained studio rooms with kitchen facilities and 1 en-suite bedroom, together with excellent shared amenities including a spacious kitchen and dining area, lounge, games room, cinema room, and laundry room.
The studios are well designed and exceed Derby City Council's minimum room size standards. Two of the studios are particularly spacious (approximately 20 sqm and 26 sqm), offering a self-contained apartment-style living experience.
The building is of traditional brick construction with a pitched roof and has been extensively refurbished, providing a modern, low-maintenance investment with an expected useful life of over 50 years.
Externally, the property benefits from a large private rear car park with ample off-street parking and a newly created rear access, adding convenience for residents and enhancing the property's appeal.
Planning permission (Ref: 21/02044/FUL, granted 13 May 2022) approved the change of use from a former public house to a 10-bedroom HMO, providing a fully compliant and ready-to-let investment opportunity.
Key Highlights
-Fully refurbished former public house
-Converted into a 10-bedroom HMO
-9 studio rooms and 1 en-suite bedroom
-Modern shared kitchen, dining room, lounge and laundry
-All rooms meet or exceed Derby City Council space standards
-Two extra-large studios (20 sqm and 26 sqm)
-Traditional brick building with complete back-to-brick renovation
-Large private rear car park with new access
-Planning permission in place for HMO use
-Excellent location close to Derby city centre, Royal Derby Hospital, and the University of Derby
-High-quality turnkey investment with strong rental potential
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Brochures
Legal DocumentsOnline Bidding- 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.
- Ask agent
- 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
Energy performance certificate - ask agent
246 Uttoxeter New Road, Derby, Derbyshire, DE22 3LL
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Visit our security centre to find out moreDisclaimer - Property reference 354121. 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 Town & Country Property Auctions, Oswestry. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Town & Country Property Auctions, Oswestry on 0117 463 3986.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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