Sun Street, Derby, Derbyshire

6 6

£455,000 Asking Price House of multiple occupation for sale
6P1A4963 6P1A4965 6P1A4933 6P1A4936 6P1A4897 6P1A4909 6P1A4908 6P1A4900 6P1A4895 6P1A4886 6P1A4887 6P1A4912 6P1A4927 6P1A4929 6P1A4931 6P1A4932 6P1A4947 6P1A4884 6P1A4961 6P1A4970 6P1A4948 6P1A4972 6P1A4980 6P1A4973 6P1A4959 6P1A4974 6P1A4883 6P1A4882 6P1A4881

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 £51,300 in annual rental income, delivering a strong gross yield of 11.27% 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: 11.27%

Income Breakdown (Monthly):
Room 1: £700.00 Room 2: £695.00 Room 3: £795.00 Room 4: £695.00 Room 5: £595.00 Room 6: £795.00 Total Monthly Income: £4,275.00 Total Annual Income: £51,300.00
Expenditure Breakdown (Monthly):
Gas: £175.00 Electric: £250.00 Water: £136.00 Council Tax: £122.00 TV License: £15.00 Broadband: £25.84 Cleaner: £40.00 Management (10%): £427.50 Total Monthly Expenditure: £1,191.34 Total Annual Expenditure: £14,296.08
Investment Performance:
Net Annual Income: £37,003.92 Gross Yield: 11.27% Net Yield: 8.13%
Reference: XFG-76153023

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

Features

  • Property Layout – 6 bed, all ensuite HMO including 5 studio rooms, modern and fully compliant
  • Tenant Type – Fully tenanted by working professionals, ensuring stable 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 tenant demand
  • High Rental Income & Strong Yield – Gross annual income £51,300 delivering 11.27% 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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