London Road

An exciting opportunity to acquire this substantial 10/11 bedroom detached property on London Road, currently operating as an established guest house but offering outstanding potential for conversion into a high-yielding HMO. Set back from the road with a newly laid driveway for 4-5 cars, the property offers an impressive footprint arranged over three floors with a strong layout for long-term rental use.

The ground floor features four en-suite bedrooms, an additional bedroom with shower and basin, a spacious kitchen/utility room and a generous communal dining area. A further three bedrooms and two shower rooms sit on the first floor, including two more en suites and a partially completed bedroom ready for finishing. The second floor offers two further bedrooms with sinks and a large storage room that could easily be converted into an additional bathroom, increasing rental appeal.

Located close to Pride Park, Derby Train Station and Derby City Centre, this property sits in a prime rental area with consistent demand from working professionals. As a 10-bedroom HMO with conservative estimated rents of £550 per room per calendar month the property could generate approximately £5,500 PCM / £66,000 PA, with scope to increase income by adding additional en suites or converting rooms into studio-style units. With strong transport links, nearby employment hubs and continuous tenant demand, this property represents an exceptional investment opportunity!