1/8
£180,000
2 beds · 1 bath
Shaws Green, Derby
0.07 miles
away
Freehold
Added on 16/09/2026 William H. Brown
1/18
1/18
£250,000
Offers Over 5 bed house for sale Merchant Street, Derby
5
beds 3
baths Terraced house
Freehold
Added on 16/09/2026
About this property
This mid-terrace property is a fully licensed HMO comprising of five occupied and furnished bedrooms, with a projected income of £2,325pcm. This mid-terrace property is a fully licensed HMO arranged as five individual lets, currently accumulating a combined rental income of approximately £2,100 per calendar month. The property will be sold vacant offering an opportunity to re-let at an enhanced level.
Key features
- INVESTMENT ONLY - Licensed HMO
- Approximately £2,325pcm Projected Gross Income
- Located off Ashbourne Road, Close to the University & City Centre
- Five Bedrooms, 3 Shower Rooms, Generous Communal Space
Floorplan
Location
Merchant Street, Derby, DE22 3AN
- Council tax
- Band D (Approx £2,306/year)The agent has not stated the band, so band D is shown as the local reference: Derby's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £250,000
£125k £375k
Deposit10% £25,000
£0 £250k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £225,000 mortgage. Most lenders would want a household income of about £50,000 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 DE22 3AN. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 9, Merchant Street Terraced | Terraced | Apr 2024 | 1,098 sq ft £109/sq ft | 1,098 sq ft | £109 | £120,000 |
| 18, Merchant Street Terraced | Terraced | Jun 2022 | 743 sq ft £178/sq ft | 743 sq ft | £178 | £132,500 |
| 2, Merchant Street Terraced | Terraced | Sept 2021 | 743 sq ft £180/sq ft | 743 sq ft | £180 | £133,650 |
| 18, Merchant Street Terraced | Terraced | Sept 2019 | 743 sq ft £159/sq ft | 743 sq ft | £159 | £118,000 |
| 3, Merchant Street Terraced | Terraced | Sept 2016 | 689 sq ft £132/sq ft | 689 sq ft | £132 | £91,000 |
| 12, Merchant Street Terraced | Terraced | Aug 2016 | 764 sq ft £97/sq ft | 764 sq ft | £97 | £74,000 |
| 18, Merchant Street Terraced | Terraced | May 2016 | 743 sq ft £135/sq ft | 743 sq ft | £135 | £100,500 |
| 25, Merchant Street Terraced | Terraced | Nov 2015 | 775 sq ft £148/sq ft | 775 sq ft | £148 | £114,500 |
Area insights
The neighbourhood around this property.
Marketed by
William H. Brown, Derby
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