6-bedroom house · DE22 3GU
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional opportunity to acquire a fully licensed six-bedroom, all en-suite HMO, ideally positioned within Derby's Article 4 area, offering strong demand from both the professional and student rental markets.
The property is arranged over three floors, with the additional benefit of a useful cellar, and is currently operating under the first year of its second HMO licence, with both licence applications having been approved without issue.
The property also benefits from a satisfactory EICR, valid until June 2029.
Approximately six years ago, the property underwent a comprehensive back-to-brick redevelopment, completed to a high standard with the benefit of full Planning Permission and Building Regulations approval.
The extensive refurbishment included: Brand new roof Complete electrical rewire throughout New plumbing and heating system Grade A LD2 hard-wired fire alarm system Emergency lighting throughout Full fire compartmentation and fire-rated construction FD30 fire doors and compliant door sets throughout Six spacious, fully tiled en-suite shower rooms New double-glazed windows and external doors A large, modern communal kitchen/dining area designed to comfortably accommodate six tenants The property has also recently undergone a full internal redecoration, ensuring it is presented in excellent condition throughout and requiring little to no immediate capital expenditure.
Producing a gross annual rental income of £36,000, this is a genuine turnkey investment, offering a fully compliant, professionally converted HMO with an excellent track record, low maintenance requirements and strong long-term rental prospects.
With its high-quality specification, proven licensing history and sought-after location within Derby's established HMO market, this property represents an outstanding investment opportunity for both experienced landlords and those looking to expand their portfolio with a ready-made income-producing asset.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Stanley Street, Derby, Derby City
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