Description
Exceptional 6-Bedroom HMO Investment – Mundy Close, Derby DE1 3PUThis property is an excellent example of a Derby High Yield HMO. Secure a high-yield, fully-let freehold HMO in Derby’s prime DE1 postcode—offering immediate income, en-suite luxury, and unrivalled investor appeal. Additionally, investing in a Derby High Yield HMO brings both stability and impressive returns.Property Overview
Presenting a rare opportunity to acquire a premium six-bedroom, six-bathroom freehold terrace investment property on Mundy Close, Derby DE1 3PU. This fully-let HMO is meticulously configured, with each spacious bedroom benefitting from a private en-suite, ensuring maximum tenant appeal and minimal voids. Currently generating a robust annual income of £36,000, the property delivers an outstanding gross yield of approximately 11.6%—well above the Derby HMO average of 8–8.5%. Ideally positioned less than a mile from Derby city centre and major employers, this turnkey asset is perfectly suited for discerning investors seeking stable, long-term returns in a thriving rental market. In summary, the Derby High Yield HMO market is known for its strong demand and excellent income potential.Key Features
- Six Double Bedrooms – Each with modern en-suite shower rooms for privacy and comfort
- Freehold Tenure – Full ownership and control, no ground rent or service charges
- Contemporary Kitchen & Communal Living – Well-equipped shared spaces designed for modern living
- Fully Let & Licensed HMO – Immediate income stream with established tenancies
- High Specification Finish – Quality fixtures, fittings, and energy-efficient systems
- Turnkey Investment – Minimal management required, ideal for hands-off investors
Location Highlights
- Prime DE1 Postcode – Sought-after Mundy Close, under 1 mile to Derby city centre
- Excellent Transport Links – 1.3 miles to Derby Railway Station (direct London St Pancras in 90 mins), easy access to A6, A38, A50, M1, and East Midlands Airport
- Education & Employment Hubs – Walking distance to University of Derby, Royal Derby Hospital, and major employers including Rolls-Royce, Toyota, and Bombardier
- Vibrant Local Scene – Close to Cathedral Quarter, Derbion shopping centre, independent restaurants, and cultural venues
- Green Spaces – Near Markeaton Park, Darley Park, and Allestree Park for recreation and leisure. Choosing a Derby High Yield HMO in such a location ensures fantastic tenant demand and lifestyle benefits.
Amenities
- Superfast Broadband – Essential for students and professionals
- Secure Entry & Fire Safety – Compliant with HMO regulations
- On-Street Parking – Readily available for residents
- Proximity to Shops & Services – Supermarkets, GP surgeries, and healthcare within easy reach
- Community Atmosphere – Popular with young professionals and students, fostering a vibrant rental market. Properties such as a Derby High Yield HMO are especially attractive because they offer amenities that quickly appeal to tenants.
Pricing & Availability
- Guide Price: £310,000
- Current Income: £36,000 per annum (fully let)
- Gross Yield: ~11.6% (significantly above Derby HMO average)
- Tenure: Freehold
- Availability: Immediate—offered with tenants in situ for seamless income continuity. Furthermore, Derby High Yield HMO properties are known for their immediate rental profit and effortless transitions.
Why Buy With Palace Auctions
- Unmatched Expertise: 192 years of combined auction experience, RICS-qualified team, and a 95% completion rate
- Speed & Certainty: Average transaction completes in just 56 days, with transparent, secure processes
- Global Reach: Access to a diverse pool of local and international buyers, maximising competition and value
- Innovation: Hybrid auction formats, AI-powered valuations, and virtual tours for maximum exposure
- Trust & Integrity: Over £5.5 billion raised in 2024, with a reputation for delivering results above market expectations
- Personalised Service: Dedicated East Midlands team providing expert guidance from registration to completion. With local Derby High Yield HMO expertise, Palace Auctions delivers outstanding property outcomes for investors.
Summary Table
| Feature | Details |
| Location | Mundy Close, Derby DE1 3PU. This address is known for Derby High Yield HMO opportunities. |
| Bedrooms/Bathrooms | 6 double bedrooms, all en-suite |
| Tenure | Freehold |
| Guide Price | £310,000 |
| Current Income | £36,000 p.a. (fully let). Investing in Derby High Yield HMO property consistently produces strong annual income. |
| Gross Yield | ~11.6% |
| Proximity | <1 mile to city centre, 1.3 miles to station |
| Amenities | Superfast broadband, secure entry, parking—precisely the sort of features found in Derby High Yield HMO listings. |
| Community | Student/professional HMO, vibrant area. The Derby High Yield HMO community atmosphere remains a major draw for renters and investors alike. |
Property for sale The SOBIO Investment logo features a key inside a shield, with "Intelligent Property" above and "Investment" below the bold "SOBIO" name—reflecting expertise in Derby HMO investment and freehold properties. Presented by Palace Auctions[/caption]
