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Total views:  2500+
Guide price
£280,000

6 bedroom terraced house for sale

Gerard Street North, Derby
Featured
Terraced house
6 beds
3 baths
1474
EPC rating: E
Added > 14 days
Just Mortages

Key information

TenureFreehold
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Investment Opportunity
  • Annual Income CIRCA £32,000
  • Six Bedrooms
  • Six En-Suite Shower Room
  • Two Rooms With Kitchenettes
  • Communal Kitchen
  • Communal Garden
GUIDE PRICE £280,000-£290,000
Exceptional Investment Opportunity – Tenanted 6-Bed HMO in Derby City Centre

This is a fantastic opportunity to acquire a high-yielding, fully licensed HMO located in the heart of Derby City Centre. Generating a strong annual rental income circa £30,000, this property offers a ready-made investment with consistent returns and minimal hassle.

The property features six generously sized, fully furnished double bedrooms, each with its own private en-suite bathroom, ensuring privacy and convenience for all occupants. Two of the rooms are further enhanced with self-contained kitchenettes, adding an extra layer of comfort and independence that is highly attractive to professional tenants.

A spacious communal kitchen and dining area provides a social hub for tenants, while the property also benefits from gas central heating, double glazing throughout, and a low-maintenance rear yard. The HMO licence and all relevant safety certificates are fully up to date, ensuring compliance and peace of mind for any investor.

Ideally located within walking distance of Derby train station, city centre shops, restaurants, and major employers, the property also enjoys easy access to the University of Derby, making it suitable for both professional and student tenants. With strong occupancy levels and a high demand for quality rental accommodation in the area, this property represents a solid investment with excellent long-term potential.

This is a rare opportunity to secure a fully operational, income-generating asset in a prime city centre location. Enquire today to arrange a viewing or to receive full financial details.

Rooms

Entrance Hall
Accessed via the double glazed front entrance door having stairs leading to the first floor and doors leading to:

Communal Kitchen 15'2" x 8'2" (4.64m x 2.49m)
Comprising a range of wall and base units incorporating work surfaces with an inset sink. Double glazed window to the rear and double glazed door leading to the outside.

Bedroom One 14'6" x 10'5" (4.42m x 3.19m)
Having a radiator and a double bay window to the front elevation. Door leading to:

En-Suite Shower Room 1 4'11" x 4'11" (1.51m x 1.51m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and a heated towel rail.

En-Suite Shower Room 2 4'11" x 4'10" (1.50m x 1.48m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and a heated towel rail.

En-Suite Shower Room 3 4'11" x 5'0" (1.50m x 1.53m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls.

En-Suite Shower Room 4 5'5" x 5'1" (1.66m x 1.55m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.

En-Suite Shower Room 5 8'1" x 3'6" (2.47m x 1.07m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.

En-Suite Shower Room 6 4'9" x 4'10" (1.46m x 1.49m)
Comprising a shower enclosure, pedestal wash hand basin and a close coupled WC. Tiling to the walls and heated towel rial.

Ground Floor Bedroom Two 11'10" x 9'10" (3.63m x 3.01m)
Having a radiator and a double glazed window to the rear elevation. Door leading to:

Landing
Having doors leading to:

First Floor Bedroom Three 14'5" x 11'10" (4.40m x 3.63m)
Having a radiator, kitchenette with sink and hob and a double glazed window to the front elevation. Door leading to:

Bedroom Four 11'11" x 11'1" (3.64m x 3.40m)
Having a radiator and a double glazed window. Door leading to:

Bedroom Five 11'8" x 8'5" (3.56m x 2.58m)
Having a radiator and a double glazed window. Door leading to:

Second Floor Bedroom Six 21'0" x 14'5" (6.42m x 4.40m)
Having a Kitchenette, radiator and a double glazed Velux style window. Door leading to:

Outside
The property is approached via a driveway. The rear garden has a patio area.

Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

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haart Estate Agents - Derby
haart Estate Agents - Derby
25 St James Street Derby DE1 1RF
01332 494591
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Here at haart, we are on a mission to get you moved.   We have unique technology that gets your home hundreds more clicks, agents who listen and will negotiate hard on your behalf and you don’t pay us a penny until we succeed.  Big Benefits.   Being the UK’s largest independent estate agent, our size allows us to invest in the people and technology to get you moved, smart and fast and for more than you might think. No Sale, No Fee.   We don’t think you should pay a penny to someone to sell or let your home, unless they actually do.  So we don’t charge you until we have. As an agent we are members of the Property Ombudsman and the Association of Residential Letting Agents (ARLA) we adhere to a code of practice to ensure complete honesty and transparency in all our dealings with you. 
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