5 bed property

The property is a licensed 5-bedroom HMO located on Hoult Street in Derby, offering a net yield of 10.36%. It is currently operating under a company let agreement secured until 2028, with the tenant responsible for all utility bills and council tax. The property generates a net income of £22,800 per annum. It is situated in a strong professional tenant demand area, with easy access to Derby city centre, major road links, and public transport routes. The location also benefits from proximity to local shops, supermarkets, green spaces, and major employers, including Rolls-Royce, Toyota Manufacturing UK, and Derby University, driving consistent demand for quality HMO accommodation.