Summary - 155 BURTON ROAD DERBY DE23 6AB
5 bed 1 bath Terraced
High-yield HMO potential near Derby city and university campuses.
Large three-storey Victorian mid-terrace, 1,828 sq ft
A large three-storey Late Victorian mid-terrace offering flexible living across 1,828 sq ft, currently part-let and producing £12,300 per year. The property retains period features such as bay windows, high ceilings and an original entrance hall with Minton tiles, and benefits from UPVC double glazing, gas central heating, an enclosed rear garden and single off-street parking. With six lettable rooms and communal dining kitchen, it suits investors seeking a near-city HMO or landlords able to bring all rooms back into stable tenancy.
Significant upside: the seller states previous full-let income would have been about £36,624 pa (c.17% gross on the guide price), and the property was a licensed HMO until 29 August 2025. The vendor also notes potential to extend (subject to planning). Practical positives include two shower rooms, separate bathroom, and large room sizes across three floors.
Key cautions: the sale is by auction (25 Sept 2025) with a binding unconditional contract on exchange — buyers must be ready to pay a 10% deposit and a non-refundable buyers’ fee. The HMO licence renewal status should be confirmed with Derby City Council; the property is partly vacant and will require re-let activity. EPC D, assumed solid brick walls without added insulation, and the area records high crime and very high deprivation levels, which affect lettings and management requirements.
This lot suits experienced landlords or developers prepared to manage an HMO renewal, tenant sourcing and routine renovation. Read the Legal Pack fully before bidding and verify planning/HMO details, costs for any works and the legal auction terms.
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