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See how verdicts work4-bedroom house · DE22 3RG
For saleListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Four bedroom HMO - great investment opportunity - being sold with tenants in situ. Offered for sale is this four bedroom HMO being sold with tenants in situ.
The property is located close to Derby City Centre and proves to be a sought after location with tenants.
Location Located close to Derby city centre, the property enjoys a convenient position with easy access to the city centre and surrounding areas.
A range of local amenities, shops, schools and public transport links are all within easy reach, whilst Derby city centre provides an extensive choice of shopping, dining, leisure and employment opportunities.
The property also benefits from convenient access to the University of Derby and the Royal Derby Hospital, making the location particularly appealing to students, university staff and healthcare professionals.
This accessibility, together with the range of amenities available nearby, is likely to support strong rental demand and help to minimise potential void periods.
Overall, the location provides a convenient and well-connected setting, making the property an appealing option for tenants seeking easy access to Derby city centre, the university, hospital and the wider amenities and attractions the city has to offer.
Property details Offered for sale is this well presented four bedroom HMO, being sold with tenants in situ.
Three rooms benefit from ensuite facility with shower, wash basin and WC, with the remaining room having access to the off-suite.
With all rooms currently tenanted the property generates £1770 per calendar month (£20,620 per annum).
Please note the above rental amount may change depending on any rooms that may be unoccupied important information The current owner has given us a list of costs as below.
32.79Boiler Insurance 14.95TV Licence 43.80Virgin Media Internet 135.29Eon Utilities 129.99Water 30.76Insurance The property is located close to Derby City Centre and proves to be a sought after location for tenants.
Room 1 - 13ft 2 x 10ft 2 Room 2 - 13ft 8 x 7ft 9 Room 3 - 20ft x 8ft 4 Room 4 - 12ft x 12ft certificates The current owners have provided certificates all of which are available upon request.
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
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FAQ
About 115, Peet Steet, Derby
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