22 Sun Street, Derby, Derbyshire, DE22 3UL
- Unconditional Online Sale
- Offers in Excess of : £455,000
- Bedrooms: 6
- Bathrooms: 6
Fully Licensed 6 Bed HMO | All-Ensuite | 5 Studio Rooms | £51,300 Annual Income | 11.27% Gross Yield | Prime Derby Location | Near City Centre, Rolls-Royce & Employers | Professional Tenants | Excellent Rail & Road Links | Regeneration Area | Turnkey Investment
Description
This modern, fully compliant six bed all ensuite HMO—comprising five studio rooms—offers a premium, income-generating investment opportunity in a prime Derby location. Fully tenanted by working professionals, the property generates £51,300 in annual rental income, delivering a strong gross yield of 11.27% with stable occupancy and dependable cash flow. Designed to meet modern tenant expectations, the studio-style ensuite layout enhances rental appeal while minimising void risk. Ideally situated close to Derby city centre, Rolls-Royce, and other major employers, the property benefits from consistently high tenant demand. Excellent transport connectivity via direct rail links to London, Nottingham, and Birmingham, alongside easy access to the M1 and A52, further strengthens its appeal. Supported by the transformative Becketwell regeneration and wider city centre investment, this asset represents a resilient, high-performing investment in one of the Midlands’ most established and fast-growing rental markets.
Income Breakdown (Monthly)
| Room 1: £700.00 |
| Room 2: £695.00 |
| Room 3: £795.00 |
| Room 4: £695.00 |
| Room 5: £595.00 |
| Room 6: £795.00 |
| Total Monthly Income: £4,275.00 |
| Total Annual Income: £51,300.00 |
Expenditure Breakdown (Monthly):
| Gas: £175.00 |
| Electric: £250.00 |
| Water: £136.00 |
| Council Tax: £122.00 |
| TV License: £15.00 |
| Broadband: £25.84 |
| Cleaner: £40.00 |
| Management (10%): £427.50 |
| Total Monthly Expenditure: £1,191.34 |
| Total Annual Expenditure: £14,296.08 |
Investment Performance:
| Net Annual Income: £37,003.92 |
| Gross Yield: 11.27% |
| Net Yield: 8.13% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
Loading the bidding panel...
Financing
Looking to purchase at auction but need the right finance in place?
We’ve partnered with VIBE Finance to help our buyers secure fast and flexible funding solutions tailored for HMOs.
Get in touch with VIBE Finance today to explore the best financing options for your next HMO purchase
HMO X - VIBE FinanceAgreement Documents
Legal Documents
Log in to view legal documentsAdditional Documents
Related Documents
Make an Enquiry
Submit an enquiry and someone will be in contact shortly.
Share
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.