19 bed property

This exceptional 17-bedroom luxury HMO, accompanied by a 2-bedroom coach house, is a freehold investment opportunity in a prime Derby city location, just half a mile from the city center. The property has been fully refurbished to a high standard, offering 19 self-contained units, each with private en-suite shower room, modern kitchenette, and workstation. The property benefits from a prime location, with easy access to shops, restaurants, nightlife, offices, and transport links, ensuring consistently strong tenant demand and excellent occupancy levels.

With a gross annual rent of £163,000 and a net annual income of £133,600, this property offers an impressive 9.9% gross yield and 8% net initial yield, making it an attractive investment opportunity with strong potential for capital growth.