Summary - 11, Gower Street DE1 1SD
5 bed 2 bath Town House
Refurbished Victorian HMO in Derby city centre — immediate rental income potential..
Five double bedrooms configured as a licensable HMO-ready layout
Recently refurbished interiors — modern kitchen and bathrooms
Victorian character: high ceilings, sash windows, period brick facade
Small overall size: 619 sq ft — compact rooms and layout
EPC D; solid brick walls assumed without insulation — energy upgrades likely
Very high local crime and very deprived area — higher management needs
Private low-maintenance rear garden and usable cellar space
On-street permit and pay-and-display parking; close to train station
A five-bedroom mid-terraced Victorian townhouse in the heart of Derby city centre, recently refurbished to a high standard and currently configured as an HMO. The property offers a compact but well-planned 619 sq ft of internal space across three floors, with high ceilings, period sash windows and a modern kitchen and bathrooms — ready for immediate let or short-term lettings conversion.
This is a clear opportunity for an investor seeking central location rental income: proximity to Derbion, Derby train station and many city amenities supports strong tenant demand, particularly from students and young professionals. Practical features include a usable cellar, communal laundry, private low-maintenance rear garden and on-street permit/pay-and-display parking.
Be aware of material considerations: the area is classified as very deprived with very high crime levels, and the neighbourhood profile is a cosmopolitan student area which may influence rental mix and management requirements. The EPC rating is D and external walls are solid brick with assumed no insulation — further energy improvements could be needed to raise efficiency and long-term running costs.
In short, this compact, newly refurbished period property suits investors who want a city-centre HMO-ready asset with immediate lettings potential, while accepting higher management overheads and the need for potential energy or security upgrades.
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