Stanley Street, Derby, Derby City

An exceptional opportunity to acquire a fully licensed six-bedroom, all en-suite HMO, ideally positioned within Derby's Article 4 area, offering strong demand from both the professional and student rental markets.

The property is arranged over three floors, with the additional benefit of a useful cellar, and is currently operating under the first year of its second HMO licence, with both licence applications having been approved without issue. The property also benefits from a satisfactory EICR, valid until June 2029.

Approximately six years ago, the property underwent a comprehensive back-to-brick redevelopment, completed to a high standard with the benefit of full Planning Permission and Building Regulations approval. The extensive refurbishment included:

Brand new roof
Complete electrical rewire throughout
New plumbing and heating system
Grade A LD2 hard-wired fire alarm system
Emergency lighting throughout
Full fire compartmentation and fire-rated construction
FD30 fire doors and compliant door sets throughout
Six spacious, fully tiled en-suite shower rooms
New double-glazed windows and external doors
A large, modern communal kitchen/dining area designed to comfortably accommodate six tenants

The property has also recently undergone a full internal redecoration, ensuring it is presented in excellent condition throughout and requiring little to no immediate capital expenditure.

Producing a gross annual rental income of £36,000, this is a genuine turnkey investment, offering a fully compliant, professionally converted HMO with an excellent track record, low maintenance requirements and strong long-term rental prospects.

With its high-quality specification, proven licensing history and sought-after location within Derby's established HMO market, this property represents an outstanding investment opportunity for both experienced landlords and those looking to expand their portfolio with a ready-made income-producing asset.