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Brighton Road, Derby, Derby City

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

6

BATHROOMS

6

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

  • Six generously sized bedrooms, all with private en-suites Three studio-style rooms Fully refurbished in February 2024 Television provided in every bedroom Current rental income of £3,450 PCM / £41

Description

Excellent Investment Opportunity – 6 Bedroom HMO in Derby

Fully Refurbished | 6 En-Suite Bedrooms | 3 Studios | £3,450 PCM Income | Potential to Increase Rents

An excellent opportunity to acquire this beautifully presented 6-bedroom HMO investment property in Derby, ideally positioned for the professional rental market.

The property underwent a full refurbishment in February 2024 and offers six modern, well-appointed bedrooms, all benefiting from private en-suite facilities. Three of the rooms are self-contained studio-style accommodation, providing an attractive offering for professional tenants. Every bedroom also benefits from its own television.

Currently generating £3,450 per calendar month (£41,400 per annum), the property offers an attractive existing income stream with further potential to increase rental returns through future rent reviews.

Ideally situated close to Rolls-Royce, the property is well positioned to attract working professionals. Excellent transport connections include the Skylink service and frequent buses into Derby city centre, making commuting convenient. Local amenities are within easy reach, including Lidl and Tesco Express.

The property also benefits from free off-street parking, adding further appeal for tenants.

Key Features

Six generously sized bedrooms, all with private en-suites

Three studio-style rooms

Fully refurbished in February 2024

Television provided in every bedroom

Current rental income of £3,450 PCM / £41,400 per annum

Potential to increase rental income

Excellent location for professional tenants

Close to Rolls-Royce and major employment opportunities

Excellent transport links via Skylink and regular city centre bus services

Convenient access to Lidl and Tesco Express

Free off-street parking

An ideal turnkey investment opportunity offering strong rental income, modern accommodation and excellent tenant appeal in a popular Derby rental location.
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.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Back garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ground floor

Energy performance certificate - ask agent

Brighton Road, Derby, Derby City

Approximate location

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Affordability

Monthly repayments£1,760
Property: £ 350,000
Deposit: £ 35,000
Interest rate: 5.35%
Term: 30 years
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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 Ibbotson Estates, Derby

6 Hall Street, Alvaston, Derby, DE24 8RZ

Ibbotsons Estates specialise in showcasing the finest properties across the East Midlands available for Sale.

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Disclaimer - Property reference 184BrightonRoad. 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 Ibbotson Estates, 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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.