£375,000
6 bed property for saleLeacroft Road, Derby, Derbyshire DE23
6 beds
6 baths
EPC Rating: C
- Freehold
HMOX Sales
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About this property
Property Layout – 6 bed all-ensuite HMO with shared kitchen, dining area and additional WC
Tenant Type – Fully tenanted by working professionals, providing reliable rental income
Strategic Location – Central Derby location close to university, Rolls-Royce, Bombardier and amenities
Transport & Connectivity – Excellent rail links to London, Nottingham & Birmingham, plus easy M1/A52 access
Regeneration Benefits – Ongoing city centre, Becketwell regeneration and infrastructure upgrades boosting demand
High Rental Income & Strong Yield – Gross annual income £48,600 delivering 12.96% yield
This fully tenanted 6-bedroom, all-ensuite HMO presents a strong income-generating investment in the heart of Derby. Producing £48,600 in annual rental income, the property delivers an impressive 12.96% gross yield, supported by stable occupancy from working professionals. Designed with modern ensuite rooms, a shared kitchen, dining area, and additional WC, it offers high-quality accommodation aligned with tenant expectations. Centrally located, it sits close to the University of Derby, Rolls-Royce, Bombardier, and a range of amenities, ensuring consistent rental demand. Excellent transport links via direct rail to London, Nottingham, and Birmingham, along with easy access to the M1 and A52, enhance its commuter appeal. With significant regeneration projects such as Becketwell and wider city infrastructure upgrades driving long-term capital growth, this asset represents a secure, high-yielding opportunity in one of the Midlands’ most resilient rental markets.
Income Breakdown (Monthly):
Room 1: £675.00
Room 2: £725.00
Room 3: £525.00
Room 4: £675.00
Room 5: £725.00
Room 6: £725.00
Total Monthly Income: £4,050.00
Total Annual Income: £48,600.00
Expenditure Breakdown (Monthly):
Gas & Electric: £431.00
Water: £70.06
Council Tax: £122.00
TV License: £15.00
Broadband: £38.40
Cleaner: £50.00
Management (inc. VAT): £388.80
Total Monthly Expenditure: £1,115.26
Total Annual Expenditure: £13,383.12
Investment Performance:
Net Annual Income: £35,216.88
Gross Yield: 12.96%
Net Yield: 9.39%
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