Drewry Lane, Derby, Derbyshire

6 6

£470,000 Asking Price House of multiple occupation for sale
CCC05598 CCC05558 CCC05514 CCC05503 CCC05498 CCC05493 CCC05568 CCC05573 CCC05623 CCC05618 CCC05628 CCC05633 CCC05653 CCC05698 CCC05693 CCC05703 2 CCC05708 CCC05718 2 CCC05738 CCC05748 CCC05753 CCC05768 CCC05808 CCC05823 CCC05833 CCC05863 CCC05848 CCC05868 CCC05883 CCC05893 Video

Description

This modern, fully compliant six bed all ensuite HMO—comprising five studio rooms—offers a premium, income-generating investment opportunity in a prime Derby location. Fully tenanted by working professionals, the property generates £50,400 in annual rental income, delivering a strong gross yield of 10.72% with stable occupancy and dependable cash flow. Designed to meet modern tenant expectations, the studio-style ensuite layout enhances rental appeal while minimising void risk. Ideally situated close to Derby city centre, Rolls-Royce, and other major employers, the property benefits from consistently high tenant demand. Excellent transport connectivity via direct rail links to London, Nottingham, and Birmingham, alongside easy access to the M1 and A52, further strengthens its appeal. Supported by the transformative Becketwell regeneration and wider city centre investment, this asset represents a resilient, high-performing investment in one of the Midlands’ most established and fast-growing rental markets.

Committed Sale Process

This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.

If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.

Full details of the Committed Sale process are available within the legal pack or from the HMO X team.

Gross Yield: 10.72%

Income Breakdown (Monthly):
Room 1: £595.00 Room 2: £795.00 Room 3: £725.00 Room 4: £695.00 Room 5: £695.00 Room 6: £695.00 Total Monthly Income: £4,200.00 Total Annual Income: £50,400.00
Expenditure Breakdown (Monthly):
Gas: £182.00 Electric: £200.00 Water: £104.40 Council Tax: £122.00 TV License: £15.00 Broadband: £44.40 Management (10%): £420.00 Total Monthly Expenditure: £1,087.80 Total Annual Expenditure: £13,053.60
Investment Performance:
Net Annual Income: £37,346.40 Gross Yield: 10.72% Net Yield: 7.95%
Reference: XFG-53165396

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 6 Bedrooms
  • Bathrooms: 6 Bathrooms
  • Ensuites: 6 Ensuites
  • Kitchens: 6 Kitchens
  • Dining Rooms: 1 Dining Room
  • Tenure: Freehold
  • Rights and Easements: Article 4 Area
  • Risks: Ask Agent

Broadband Speeds

  • Download: 15mbps - 5500mbps
  • Upload: 1mbps - 5500mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

GF FF SF FP Energy Efficiency Chart

Videos

Features

  • Property Layout – 6 bed, all ensuite HMO including 5 studio rooms, modern and fully compliant
  • Tenant Type – Fully tenanted by working professionals, ensuring reliable rental income
  • Strategic Location – Prime Derby location close to city centre, Rolls-Royce and major employers
  • Transport & Connectivity – Excellent rail links to London, Nottingham & Birmingham, plus easy M1/A52 access
  • Regeneration Benefits – Becketwell regeneration and city centre investment driving strong tenant demand
  • High Rental Income & Strong Yield – Gross annual income £50,400 delivering 10.72% yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.

Powered by Apex27
You don't have permission to register