Radbourne Street, Derby DE22 3HB, Derby, Derbyshire

6 6

£330,000 Guide Price House of multiple occupation for sale
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Description

This modern, high-spec, fully licensed 6-bedroom, all-ensuite HMO, including two spacious studio-style rooms, offers a compelling high-yield investment opportunity in a prime Derby location. Fully tenanted by working professionals, the property generates £44,076 in annual rental income, delivering an impressive gross yield of 13.36% with stable occupancy and reliable cash flow. Finished to an excellent standard throughout, the property is ideally positioned close to Derby city centre, Rolls-Royce, Toyota, and other major employers, ensuring consistently strong tenant demand from professionals. Excellent transport connectivity via direct rail links to London, Nottingham, and Birmingham, together with easy access to the M1 and A52, further enhances its appeal to commuters. Supported by the transformative Becketwell regeneration and continued city centre investment, this asset represents a resilient, income-generating investment with outstanding long-term growth potential in one of the Midlands' most established and high-performing 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: 13.36%

Income Breakdown (Monthly):
Room 1: £550.00 Room 2: £525.00 Room 3: £550.00 Room 4: £550.00 Room 5: £699.00 Room 6: £799.00 Total Monthly Income: £3,673.00 Total Annual Income: £44,076.00
Expenditure Breakdown (Monthly):
Gas and Electric: £400.00 Water: £43.08 Council Tax: £178.00 TV License: £26.00 Broadband: £44.40 Cleaner: £50.00 Management (8% + VAT): £352.60 Total Monthly Expenditure: £1,094.08 Total Annual Expenditure: £13,128.96
Investment Performance:
Net Annual Income: £30,947.04 Gross Yield: 13.36% Net Yield: 9.38%
Reference: XFG-55361436

Area Description

No area description is available for this property.

Additional Details

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

Broadband Speeds

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

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

42 Radbourne Street Ground Floor 42 Radbourne Street First Floor 42 Radbourne Street Second Floor Floor plan Energy Efficiency Chart

EPCs

Features

  • Property Layout – 6 bed, all ensuite HMO, modern, high-spec and fully licensed
  • Tenant Type – Fully tenanted by working professionals, ensuring reliable rental income
  • Strategic Location – Prime Derby location close to city centre, Rolls-Royce, Toyota 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 £44,076 delivering 13.36% yield

Enquiry

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

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