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Peel Street, Derby

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

1

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

  • Great buy to let investment
  • Council certified student let
  • Monthly icome of £1712pcm inc. bills
  • 4 bedrooms
  • Communal kitchen & living room
  • Close to Derby city & university
  • EPC rating C. Council tax band A

Description

The property is located within the student catchment area for the university of Derby campuses and is a licenced HMO with 4 rooms. It generates £1,712 rent per month (£20,000 per annum), although is being offered with vacant possession from the 1st of September 2026. The rooms are currently listed on the University of Debry website for the next academic year.

Located in this ever popular location in the Ashbourne Road area of Derby, close to Derby City centre and within easy walking distance of many of the main Derby University sites. The wider area benefits from everyday shops, takeaways and transport links along Ashbourne Road with a regular bus service, plus Markeaton Park nearby for green space. The Royal Derby Hospital is also around 1.2 miles away.

The property has gas central heating with a combination boiler still under warranty until October 2034, and uPVC double glazing. There are Gas Safety (valid till Oct 2026) and Electrical Safety (valid till Feb 2027) certificates in place as well as valid wired in fire alarms (valid till June 2036).

Entrance to the property is via the rear along the shared side passage with gated access into the rear garden. The rear entrance door opens into the kitchen fitted with a range of units with roll edge work surfaces, sink drainer unit with mixer tap, tiled splashbacks, built-in oven and halogen four ring hob with extractor canopy over, cupboard housing the wall mounted combination boiler, uPVC double glazed window to the rear elevation, ceramic tiled floor and door giving access to the cellar. The cellar is divided into three compartments: - compartment one - 11'11" x 6'1" (3.63m x 1.85m) - with power and light, compartment two - 6' x 4'10" (1.83m x 1.47m) - access to the electric meter, fuse box and gas meter, compartment three - 6'4" x 6'1" (1.93m x 1.85m).

The living room has a window overlooking the rear garden and a door into the inner hallway. The inner hallway leads to the front ground floor bedroom with stairs rising to the first floor landing.

The ground floor front bedroom has a window to the front and there is a uPVC double glazed front entrance door ideal if you want to return it to a second reception room.

On the first floor a central landing provides access to all three bedrooms and a shower room which is fitted with a white three piece suite comprising pedestal wash hand basin, low level w.c, and a single shower cubicle.

Outside - To the rear of the property there is a generous garden with blue brick paved path, seating area, large gravelled and soil beds and planting border. The garden is enclosed by a walled and fence panelled boundary. Access is gained to a passageway which leads onto Peel Street.

Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Please note: It is quite common for some properties to have a Ring doorbell and internal recording devices.
Property construction: Traditional
Parking: On road
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Mains gas
(Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: TBC - See Ofcom link for speed:
Mobile signal/coverage: See Ofcom link
Local Authority/Tax Band: Derby City Council / Tax Band A
Useful Websites:
Our Ref: JGA/09072026
The property information provided by John German Estate Agents Ltd is based on enquiries made of the vendor and from information available in the public domain. If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property. Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.

We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof / source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property. We use the Checkboard app to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history. With effect from 1st March 2025 a non-refundable compliance fee of £30.00 inc. VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.
 

Brochures

Brochure
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.
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.
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Peel Street, Derby

Approximate location

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Affordability

Monthly repayments£828
Property: £ 165,000
Deposit: £ 16,500
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.
Renovation potential
Recently sold & under offer
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About John German, Derby

Suite 2a Lodge Lane Derby DE1 3HB
Industry affiliations:

Ever since John German opened for business back in 1840, thousands of homeowners have trusted us to help sell or let their properties. Such a task isn't taken lightly, we make it a priority to ensure each and every one of our customers gets all the support they need throughout the whole moving process.

Determination is exactly what makes a move happen, the John German staff have this by the bucket load. There isn't a better feeling for us than handing keys over on moving day.

Although we are a friendly bunch, this doesn't stop us from being professional; we have very high standards at John German. We are long term members of NAEA & ARLA Propertymark, as well as The Royal Institution of Chartered Surveyors (RICS). This puts us at the forefront of industry developments and ensures we adhere to a nationally recognised code of practice and professional conduct.

With this in mind, you can be confident you are dealing with an estate agent who will act in your best interests at all times.

Combining this with our extensive knowledge of the Midlands property market, we are one of the most trusted sales and lettings agents in the region.

Get in touch to find out more!

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Disclaimer - Property reference 100953108789. 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 John German, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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