20 bed detached house for sale Leopold Street, Derby DE1

Spacious 20-Bedroom HMO, With A Rental Yield Upwards Of 10%, Fully Refurbished In Derby City Centre!Don't miss this fully renovated 20-bedroom HMO property in Leopold Street, Derby. Fully let, it generates a rental yield of over 10%, close proximity to amenities, and a potential annual return of £180,000 making this the perfect hands off investment. With its prime location for access to the City Centre and key employers, this property is an ideal investment for investors, those seeking a high-yielding property within close proximity to the city centre.Extending over an expansive 6,000 square feet, this multi-story property is truly remarkable. Thoughtfully renovated in August 2024, the modern finishes and fittings guarantee tenant satisfaction and enabling you to start generating rental income immediately. Each of the 20 sizable bedrooms within the property has its own en-suite and on top of that 15 of the bedrooms also have their own kitchenettes.The communal living spaces, kitchen, and laundry room have been thoughtfully designed to facilitate a harmonious living environment for all residents. Additionally, the presence of a well-equipped kitchen and a laundry room ensures tenants can enjoy a convenient and independent lifestyle.One of the property's key selling points is its location. Situated a mere 5-minute walk from the city centre, this property is surrounded by a plethora of amenities including shops, restaurants, cafes, and entertainment options. Also, within a close proximity are some of the cities major employers including Alstom, Rolls Royce, Florence Nightingale Hospital, Pride Park Estate & Businesses within the City Centre. For those requiring regular travel, the property's advantageous location provides easy access to transport links with Derby Train and Bus Station both being a 10-minute walk away.With an immediate rental income and providing a stable foundation for prospective investors. Fully let, this property will give you an annual return of circa £180,000, giving a highly attractive potential income stream, reflecting a rental yield of over 10%.Disclaimer:These property particulars are issued in good faith but do not form part of any offer or contract. All descriptions, floorplans, photographs and other information are provided as a guide only and may not be exact. Buyers are advised to verify key facts such as tenure, planning permissions, fixtures and fittings, lease length, ground rent, service charges, council tax bands and energy performance ratings through their legal representative.In line with UK anti-money laundering regulations, all named purchasers and any giftors contributing funds must complete an aml (Anti-Money Laundering) check. A charge of £20 + VAT per person applies for this service. Please ensure all relevant parties are submitted for verification to avoid delays.We have taken all reasonable steps to ensure the accuracy of this information, and material information is provided in line with current National Trading Standards guidance and the Digital Markets, Competition and Consumers Act 2025. Please contact us if you require further clarification on any point before making a transactional decision.