Gerard Street North, Derby, DE1 1PA

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.

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.