11 bed detached house for sale

London Road, Alvaston, Derby DE24

Summary
A rare 10/11 bedroom detached property on London Road, offering exceptional size, strong HMO potential and parking for 4-5 cars. With multiple en suites, large communal areas and scope to increase income, it's the perfect opportunity for investors seeking high-yield returns in Derby.

Description
An exciting opportunity to acquire this substantial 10/11 bedroom detached property on London Road, currently operating as an established guest house but offering outstanding potential for conversion into a high-yielding HMO. Set back from the road with a newly laid driveway for 4-5 cars, the property offers an impressive footprint arranged over three floors with a strong layout for long-term rental use.

The ground floor features four en-suite bedrooms, an additional bedroom with shower and basin, a spacious kitchen/utility room and a generous communal dining area. A further three bedrooms and two shower rooms sit on the first floor, including two more en suites and a partially completed bedroom ready for finishing. The second floor offers two further bedrooms with sinks and a large storage room that could easily be converted into an additional bathroom, increasing rental appeal.

Located close to Pride Park, Derby Train Station and Derby City Centre, this property sits in a prime rental area with consistent demand from working professionals. As a 10-bedroom HMO with conservative estimated rents of £550 per room per calendar month the property could generate approximately £5,500 pcm / £66,000 pa, with scope to increase income by adding additional en suites or converting rooms into studio-style units. With strong transport links, nearby employment hubs and continuous tenant demand, this property represents an exceptional investment opportunity!

Bedroom 1 Irregular Shaped Room 14' 3" + bay x 13' 1" max ( 4.34m + bay x 3.99m max )

Bedroom 2 Irregular Shaped Room 13' 1" into recess x 13' max ( 3.99m into recess x 3.96m max )

Bedroom 7 13' max x 8' 2" max ( 3.96m max x 2.49m max )

Bedroom 3 13' max x 8' 2" into recess ( 3.96m max x 2.49m into recess )

Bedroom 4 13' max x 8' 2" into recess ( 3.96m max x 2.49m into recess )

Kitchen/ Utility l-Shaped Room x + x ( x + x )

Kitchen Space 12' 4" max x 9' max ( 3.76m max x 2.74m max )

Utility Space 10' 4" max x 5' 1" max ( 3.15m max x 1.55m max )

Dining Room 11' 1" max x 11' 7" max ( 3.38m max x 3.53m max )

Bedroom 11 17' 3" into bay x 13' 5" max ( 5.26m into bay x 4.09m max )

Bedroom 6 Irregular Shaped Room 14' 8" + bay x 14' 1" max ( 4.47m + bay x 4.29m max )

Bedroom 5 14' 8" max x 13' 11" max ( 4.47m max x 4.24m max )

Bedroom 8 12' into reccess x 11' 3" max ( 3.66m into reccess x 3.43m max )

Bathroom 2' 3" max x 2' 1" max ( 0.69m max x 0.64m max )

Bedroom 9 11' 11" max x 7' 1" max ( 3.63m max x 2.16m max )

Bedroom 10 12' 4" max x 9' 2" into reccess ( 3.76m max x 2.79m into reccess )

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.