Leopold Street, Derby, DE1 2HD 20 bed detached house for sale

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Leopold Street, Derby, DE1 2HD 20 bed detached house for sale

Leopold Street, Derby, DE1 2HD
£1,800,000

Price History

Initial price £1,900,000
04/02/25 £1,800,000
Price Change -5.26%

Description

This fully renovated 20-bedroom HMO property in Leopold Street, Derby, offers a lucrative investment opportunity with a rental yield of over 10%. The property, which spans 6,000 square feet, has been thoughtfully renovated in August 2024 and features modern finishes and fittings. Each of the 20 spacious bedrooms has its own en-suite, with 15 also boasting kitchenettes. The communal living spaces, kitchen, and laundry room have been designed to create a harmonious environment for residents. The property's prime location, just a 5-minute walk from the city centre, provides easy access to amenities, shops, restaurants, and entertainment options, as well as major employers such as Alstom and Rolls Royce. With a 10-minute walk to the train and bus station, this property offers a stable foundation for investors, generating an annual return of circa £200,000 and providing a highly attractive potential income stream.