5-bedroom house · DE1 2GE
For saleListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Impressive 5-bedroom HMO located in the heart of Derby city centre, offering a prime investment opportunity with strong, consistent returns.
Ideally positioned within walking distance of a wide range of local amenities, transport links, and the university, the property is perfectly suited to meet the high demand for quality rental accommodation in this central location.
The property comprises five well-proportioned bedrooms, three of which benefit from private en suite facilities, with additional shared amenities serving the remaining rooms.
The layout is designed to maximise both comfort and rental appeal, making it highly attractive to tenants.
Currently generating a gross annual income of £31,620, this fully operational HMO presents a ready-made investment with immediate cash flow.
With its central location and strong rental performance, this is an excellent opportunity for investors seeking a high-yield asset in a sought-after area. Early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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
Agent & docs
FAQ
About Melbourne Street, Derby, Derbyshire, DE1
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