Lot 3 - 69 Walbrook Road, Derby, Derbyshire, DE23 8SA
- Unconditional Online Auction Sale
- Guide Price* : £250,000
- Bedrooms: 7
- Bathrooms: 7
- Reception Rooms: 1
Fully tenanted 7 bedroom, 7 bathroom HMO producing £31,380 per annum.
Description
• Originally designed as an 8-bed HMO – Room 4 now converted into a communal lounge
• 7 Bedrooms with 6 en-suites and 1 private bathroom
• Fully tenanted to professional tenants
• Popular rental area close to major employment drivers - Rolls-Royce, Toyota, and the University of Derby attract professionals and students.
• Licensed, fully managed HMO in a prime location
Location
Situated on the well connected Walbrook Road in Derby the location benefits from easy access via the A5250 and A5111, offering direct routes to the city centre, Royal Derby Hospital and University of Derby. Set within a thriving residential area, it is close to a range of local amenities including shops, school and parks.
Travel links are provided by both Peartree and Derby Rail Stations.
Planning
Planning granted through Derby City Council, Ref: 19/00736/DISC | (21-05-2019)
Change of use from a dwelling house (use class C3) to a seven bedroom house in multiple occupation (sui generis use) and retention of single storey rear extension - discharge of conditons 3, 4 and 5 of previously approved permission DER/10/18/01497
HMO Compliance
HMO Compliance Documents:
- Planning approval
- HMO Licence
- EPC
- EICR
- Gas safety certificate
- Emergency lighting test certificate
- Fire alarm test certificate
Additional information can be found in the legal pack
Accommodation
| Room Number | Floor | Accommodation | Tenancy Info | Rent Per Annum |
|---|---|---|---|---|
| 1 | Ground | En-suite HMO room with shared kitchen and reception room | Subject to 6 month AST starting from 27th February 2025 | £5,400 |
| 2 | Ground | En-suite HMO room with shared kitchen and reception room | Subject to 6 month AST starting from 4th August 2022 | £4,980 |
| 3 | Ground | HMO room with access to private bathroom, shared kitchen and reception room | Subject to 6 month AST starting from 15th February 2025 | £4,500 |
| 5 | First | En-suite HMO room with shared kitchen and reception room | Subject to 6 month AST starting from 31st May 2024 | £4,980 |
| 6 | First | En-suite HMO room with shared kitchen and reception room | Currently Vacant since 20th April 2025 | Advertised for £5,220 |
| 7 | First | En-suite HMO room with shared kitchen and reception room | Subject to 12 month AST starting from 10th May 2025 | £5,580 |
| 8 | Second | En-suite HMO room with shared kitchen and reception room | Subject to 6 month AST starting from 15th February 2024 | £5,940 |
Vendors Solicitor
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Vendors Solicitor
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