£170,000

Added on 16/09/2026
Well-presented 5-bedroom FULLY LICENCED HMO, on London Road providing a ready-made BUSINESS OPPORTUNITY. Offering spacious double rooms, a large kitchen/diner and low-maintenance south facing garden. Situated on bustling London Road in Derby, this well-presented five-bedroom FULLY LICENCED HMO, is offered to the market ready to move into, making it an excellent BUSINESS OPPORTUNITY for both investors and those seeking student accommodation.
This home is rated band D, scoring 68 out of 100. The average British home is band D. Its certificate says it could reach band B (83) if the improvements it recommends were carried out.
Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.
£220 per sq ft, below the middle of recent sales in DE24 (£169–£312, 10th–90th percentile, 1,378 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 1,378 homes sold in DE24 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in DE24 →
London Road, Alvaston, Derby, DE24 8PY
A £216,000 mortgage. Most lenders would want a household income of about £48,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
HM Land Registry sales in DE24 8PY. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 990, London Road Terraced | Terraced | Aug 2021 | 969 sq ft £148/sq ft | 969 sq ft | £148 | £143,000 |
| 954, London Road Terraced | Terraced | Aug 2021 | — | — | — | £151,000 |
| 940, London Road Terraced | Terraced | Sept 2019 | 1,044 sq ft £177/sq ft | 1,044 sq ft | £177 | £185,000 |
| 982, London Road Terraced | Terraced | Jan 2019 | 1,399 sq ft £85/sq ft | 1,399 sq ft | £85 | £119,000 |
| 948, London Road Terraced | Terraced | Oct 2015 | 1,249 sq ft £99/sq ft | 1,249 sq ft | £99 | £123,000 |
| 980, London Road Terraced | Terraced | Oct 2015 | 1,044 sq ft £96/sq ft | 1,044 sq ft | £96 | £100,000 |
| 944, London Road Terraced | Terraced | Jul 2014 | 1,109 sq ft £86/sq ft | 1,109 sq ft | £86 | £95,500 |
| 988, London Road Terraced | Terraced | Dec 2009 | 1,001 sq ft £115/sq ft | 1,001 sq ft | £115 | £114,950 |
The neighbourhood around this property.
