£375,000
6 bed property for saleLeacroft Road, Derby, Derbyshire DE23
6 beds
6 baths
EPC Rating: C
About this property
Strong Economy – Derby’s economy is powered by key employers like Rolls-Royce, Bombardier & Toyota, supporting consistent tenant demand.
Prime Location – 48 Leacroft Rd is ideally located near shops, schools & transport links, ensuring convenience & low vacancy risk.
Fully Ensuite Setup – 6-bed all-ensuite layout with shared kitchen, dining & WC meets modern tenant expectations & boosts appeal.
Excellent Connectivity – A52, A38, M1 & rail links to London & Manchester position Derby as a commuter-friendly investment hub.
Regeneration in Progress – City-wide upgrades to infrastructure & public spaces support capital growth and long-term tenant appeal.
High Rental Income – Generates £4,050/month and £48,600/year, delivering excellent cash flow from a professionally managed asset.
Strong Yields – Achieves 12.96% gross yield & 9.39% net yield with efficient costs & reliable occupancy.
Turnkey Investment – Fully tenanted, well-located & low-maintenance, ideal for hands-off investors seeking stable returns.
Address: 48 Leacroft Road, Derby, DE23 8HT
Property Type: 6-Bed All-Ensuite HMO with Shared Kitchen, Dining Area & Additional WC
Tenant Type: Fully Tenanted by Working Professionals
Prime Investment Location
Derby is a well-established city in the East Midlands with a resilient and diverse economy, making it an excellent choice for HMO investment. Once an industrial powerhouse, Derby now thrives on advanced manufacturing, aerospace, and engineering—home to leading employers such as Rolls-Royce, Bombardier, Toyota, and the University of Derby. This economic backbone provides stable, long-term employment, consistently drawing in professionals, apprentices, and students alike. Widespread regeneration initiatives across the city are revitalising infrastructure, housing stock, and public spaces, enhancing capital growth potential and strengthening the city’s appeal to both residents and investors.
Consistently High Tenant Demand
The demand for shared accommodation in Derby is strong and sustained, underpinned by a combination of affordable housing, reliable employment opportunities, and a steady flow of university students and key workers. The property at 48 Leacroft Road is well-positioned to capitalise on this demand, offering easy access to transport links, local amenities, and employment hubs, making it a convenient choice for tenants. The all-ensuite format and communal living areas provide a desirable living experience, reducing void periods and supporting stable, long-term rental returns. With a tenant base that spans both transient and long-term occupants, the investment offers resilience and flexibility.
Strategic Connectivity & Local Growth
Derby’s central location and strong transport links further elevate its investment potential. The city is connected by major routes such as the A52, A38, and M1, offering direct access to Nottingham, Leicester, and Birmingham. Derby Railway Station connects directly to London, Manchester, and the North, positioning it as a commuter-friendly hub. Regeneration projects continue to improve the city’s residential and commercial appeal, while cultural venues such as Derby Theatre, Derby Museum, and proximity to the Peak District enrich the lifestyle offering. Combined with reliable yields and low operating costs, Derby presents a compelling case for property investors seeking solid returns and long-term growth.
Financial Overview
Income Breakdown (Monthly):
Room 1: £675.00
Room 2: £725.00
Room 3: £525.00
Room 4: £675.00
Room 5: £725.00
Room 6: £725.00
Total Monthly Income: £4,050.00
Total Annual Income: £48,600.00
Monthly Expenditure:
Gas & Electric: £431.00
Water: £70.06
Council Tax: £122.00
TV License: £15.00
Broadband: £38.40
Cleaner: £50.00
Management (inc. VAT): £388.80
Total Monthly Expenditure: £1,115.26
Total Annual Expenditure: £13,383.12
Investment Performance
Net Annual Income: £35,216.88
Gross Yield: 12.96%
Net Yield: 9.39%
Commentary
This fully tenanted, high-spec 6-bedroom HMO in Derby delivers a monthly income of £4,050 and a net annual return of £35,216.88, backed by low running costs and efficient management. With all rooms featuring ensuite facilities and strong local tenant demand, the property represents a turnkey investment offering both immediate income and long-term capital appreciation. Located in a city undergoing active growth and regeneration, this asset is well-positioned to perform in both current and future market conditions.
HMO X Sales are specialists in the UK HMO and multi-unit market. With over 100 years of combined, hands-on experience across investment, management, development, valuation, and sales, our team knows this space inside out. Every property we list is exclusive, direct from landlord, personally visited and quality-checked by our team. There are no buyer fees, no reservation costs—just clear, upfront details on every deal. We give you full access to the numbers and a pro-active, time-served team to help you move fast and buy smart.
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