Studio flat · DE24 8AX
To rentReduced £25 (−3.7%) on 12 SepListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this beautifully presented 6-bedroom HMO property, ideally located in the heart of Derby City Centre and a leisurely stroll from Alvaston Town Centre, these spaces, promise unparalleled comfort.
Perfect for professionals this spacious and modern home offers comfortable living, excellent amenities, and superb transport connections.
The property features six generously sized bedrooms, each fully furnished with stylish décor and ample storage.
A modern communal kitchen comes fully equipped with high-quality appliances, plenty of workspace, and dining facilities - ideal for socialising and meal prep.
The bright and airy communal lounge provides the perfect space to relax and unwind. It benefit from en suite bathrooms, ensuring convenience and privacy for all occupants.
The property also offers high-speed internet, gas central heating, and double glazing throughout for added comfort.
Perfectly situated for professionals working at Alstom (Bombardier), Rolls Royce Nuclear, Rolls Royce Aerospace, Florence Nightingale Community Hospital, and Royal Derby Hospital, providing a streamlined daily commute.
This is an ideal opportunity for those seeking a modern, well-maintained shared home in a prime central location. No deposit option available! Holding Deposit: £178.84
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Room 1, Davenport Road
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