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£240,000
Asking price

5 bed house for sale London Road, Alvaston, Derby

5 beds 2 baths Terraced house
Freehold

Added on 16/09/2026

About this property

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.

Key features

  • Vacant, Fully Licenced HMO investment
  • Great business opportunity
  • No Onward Chain
  • Five spacious double bedrooms
  • Large kitchen and dining area
  • Low-maintenance rear garden

Floorplan

Energy performance

Energy rating band D 68
Current
Potential
92+
A
81-91
B
Potential rating: 83 B
69-80
C
55-68
D
Current rating: 68 D
39-54
E
21-38
F
1-20
G

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.

Price guide

This home
£220 / sq ft
Area average (sold)
£245 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£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 →

Location

London Road, Alvaston, Derby, DE24 8PY

Council tax
Band D (Approx £2,306/year)

Mortgage and stamp duty

Property price £240,000
£120k £360k
Deposit10% £24,000
£0 £240k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

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.

Historic sold prices nearby

HM Land Registry sales in DE24 8PY. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
990, London Road TerracedAug 2021969 sq ft £148/sq ft£143,000
954, London Road TerracedAug 2021£151,000
940, London Road TerracedSept 20191,044 sq ft £177/sq ft£185,000
982, London Road TerracedJan 20191,399 sq ft £85/sq ft£119,000
948, London Road TerracedOct 20151,249 sq ft £99/sq ft£123,000
980, London Road TerracedOct 20151,044 sq ft £96/sq ft£100,000
944, London Road TerracedJul 20141,109 sq ft £86/sq ft£95,500
988, London Road TerracedDec 20091,001 sq ft £115/sq ft£114,950

All sales on London Road → All sold prices in Derby →

Area insights

The neighbourhood around this property.

Marketed by
William H. Brown, Derby
32-34 Cornmarket, DERBY, Derbyshire
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