Auction Date Commencing on Monday 9th February 2026 at 1pm and ending 24 hours later on Tuesday 10th February 2026 at 1pm with Auction House Notts and Derby
Please register to bid via our website - auctionhouse.co.uk/nottsandderby
Description
This impressive 6-bedroom property, formerly a house of multiple occupancy (HMO), offers ample space and versatility. Situated in close proximity to The Royal Derby Hospital, it provides convenient access to healthcare facilities and transport links to surrounding areas such as Derby city centre, which has a wide range of shopping and leisure facilities.
The property is now vacant, and we are led to believe that each room was achieving £519pcm which would suggest a yield of 11%. A new licence will need to be applied for if the buyer wishes to operate this as a HMO once more.
Key Features:
Six Generous Bedrooms: Ideal for professionals seeking ample living space.
Fitted Kitchen: Space for residents to cook.
Cellar & Loft Space: Could be turned into an additional space with the necessary planning.
Multiple Shower/Bathrooms: Ensuring comfort and convenience for all occupants.
Off Road Parking: Driveway/Parking to the side of the property.
Sizeable Garden: Perfect for outdoor relaxation and entertaining.
Gas Central Heating: Ensuring warmth during colder months.
Proximity to Local Amenities: Shops, bus routes, and train stations within easy reach.
Layout: Multiple reception rooms, providing versatile living spaces.
Ground Rent - £500.00 Per Annum
Leasehold expires in 2105
VIEWINGS BY REQUEST
Tenure: Leasehold Lease Details: DY406418 EPC Rating: D
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
Administration Charge is a non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
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- 6 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0115 777 8888 for more information
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