Popular
Total views: 2500+
Floorplan
Map4 bedroom terraced house for sale
Crompton Street, Derby DE1
Under offer
Terraced house
4 beds
1 bath
936
EPC rating: D
Key information
Features and description
- Ideal investment opportunity
- Current annual rental income - £18,460
- Modern fitted kitchen
- Four bedroom HMO
- Close to Derby city centre
- Council tax band - A
- Being sold with tenants in situ
- Freehold
- EPC rating D
- Ideal investors opportunity
This well-positioned 4-bedroom HMO is offered to the market as a turnkey investment, ideal for landlords seeking immediate and reliable rental income. Located in a popular rental area with strong demand, the property is fully tenanted, making it a hassle-free addition to any investor's portfolio.
Internally, the property features four generously sized bedrooms, a spacious and functional communal kitchen, and a shared bathroom, all of which are well-suited to the needs of professional tenants. The layout offers comfortable shared living while keeping maintenance practical and efficient.
While the property is currently income-generating and in a lettable condition, light refurbishment or modernisation is recommended to enhance its appeal and rental value. Importantly, there is clear potential to convert the property into a 5-bedroom HMO (subject to necessary consents), further increasing occupancy levels and boosting monthly rental yields.
With its strong existing income, low void risk, and future value-add potential, this property represents an excellent opportunity for HMO investors.
THE LOCAL AREA Located in the heart of Derby city centre, offers a mix of urban amenities, historic charm, and green spaces, making it a lively and convenient place to live. The area is well-serviced by local bus routes, with Derby Bus Station nearby, offering easy access around the city and to surrounding areas. The area is also home to the new Becketwell Arena and is a state of-the-art live entertainment venue set to transform the city's cultural landscape. The 3,500-capacity venue will host a diverse range of events, including concerts, comedy shows,
sports, and conferences. The arena is a cornerstone of Derby's urban revival, aiming to boost the local economy and solidify the city's status as a hub for entertainment and community events.
GROUND FLOOR
HALL
BEDROOM 1 12' 2" x 10' 9" (3.71m x 3.28m)
KITCHEN 11' 1" x 8' 4" (3.38m x 2.54m)
BEDROOM 2 12' 5" x 6' 2" (3.78m x 1.88m)
FIRST FLOOR
BATHROOM 11' 8" x 9' 3" (3.56m x 2.82m)
BEDROOM 3 12' 2" x 10' 3" (3.71m x 3.12m)
BEDROOM 4 14' 6" x 12' 3" (4.44m x 3.74m)
Internally, the property features four generously sized bedrooms, a spacious and functional communal kitchen, and a shared bathroom, all of which are well-suited to the needs of professional tenants. The layout offers comfortable shared living while keeping maintenance practical and efficient.
While the property is currently income-generating and in a lettable condition, light refurbishment or modernisation is recommended to enhance its appeal and rental value. Importantly, there is clear potential to convert the property into a 5-bedroom HMO (subject to necessary consents), further increasing occupancy levels and boosting monthly rental yields.
With its strong existing income, low void risk, and future value-add potential, this property represents an excellent opportunity for HMO investors.
THE LOCAL AREA Located in the heart of Derby city centre, offers a mix of urban amenities, historic charm, and green spaces, making it a lively and convenient place to live. The area is well-serviced by local bus routes, with Derby Bus Station nearby, offering easy access around the city and to surrounding areas. The area is also home to the new Becketwell Arena and is a state of-the-art live entertainment venue set to transform the city's cultural landscape. The 3,500-capacity venue will host a diverse range of events, including concerts, comedy shows,
sports, and conferences. The arena is a cornerstone of Derby's urban revival, aiming to boost the local economy and solidify the city's status as a hub for entertainment and community events.
GROUND FLOOR
HALL
BEDROOM 1 12' 2" x 10' 9" (3.71m x 3.28m)
KITCHEN 11' 1" x 8' 4" (3.38m x 2.54m)
BEDROOM 2 12' 5" x 6' 2" (3.78m x 1.88m)
FIRST FLOOR
BATHROOM 11' 8" x 9' 3" (3.56m x 2.82m)
BEDROOM 3 12' 2" x 10' 3" (3.71m x 3.12m)
BEDROOM 4 14' 6" x 12' 3" (4.44m x 3.74m)
About this agent
We are proud to serve the communities of Derby and the surrounding areas - providing expert advice and support across the whole of the property market. We are proud that Martin & Co Derby was nominated as one of the top ten East Midlands letting agents and estate agents, by leading the ESTAs industry awards for two years running. Conveniently located on St James Street and in the heart the Cathedral Quarter, Martin & Co Derby is only minutes away from the M1, allowing easy access to both the north and south of the UK. The dedicated team at Martin & Co Derby is able to advise on all areas of sales, lettings and property management and together they ensure you receive a truly tailor-made service to suit your individual needs. If you're looking for a home to rent in the area or have a property for sale, please do get in touch with a member of our team who would be delighted to help.
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