Ten-Bedroom Fully Refurbished Hmo Investment

This is an excellent investment opportunity to acquire a fully refurbished former public house that has been converted into a high-quality 10-bedroom HMO (House in Multiple Occupation). The property is located in a prominent and busy position just outside Derby city centre, close to major employers, transport links, Royal Derby Hospital, and the University of Derby, making it an attractive location for tenants. The property has undergone a complete back-to-brick renovation and has been finished to a modern standard throughout. It now provides 9 self-contained studio rooms with kitchen facilities and 1 en-suite bedroom, together with excellent shared amenities including a spacious kitchen and dining area, lounge, games room, cinema room, and laundry room. The studios are well designed and exceed Derby City Council's minimum room size standards. Two of the studios are particularly spacious, offering approximately 20 sqm and 26 sqm of floor space, delivering a self-contained apartment-style living experience. The building is of traditional brick construction with a pitched roof and has been extensively refurbished, providing a modern, low-maintenance investment with an expected useful life of over 50 years. Planning permission was granted on 13 May 2022 for the change of use from a former public house to a 10-bedroom HMO, providing a fully compliant and ready-to-let investment opportunity.