London Road, Alvaston, Derby, Derbyshire
By HMO Sales Expert
£ 275,000
Reviews
2 out of 5 stars
HMO Sales Expert says ..
This fully tenanted 6-bed HMO in Derby offers a 12.74% gross yield and 9.46% net yield, benefiting from strong tenant demand near major employers like Rolls-Royce and the University of Derby. With excellent transport links, ongoing regeneration, and professional management, this low-risk investme...
Property Oracle says ..
This property is a House of Multiple Occupation (HMO) located on London Road in Alvaston, Derby. The property has six bedrooms and six bathrooms, and is listed at £275,000. The average price for a property in the area is £376,338, with an average price per square foot of £377. This HMO appears to be recently renovated to a good standard and is presented well in the photos. However, the lack of plot size information makes it difficult to fully assess the value. The location is convenient, with schools and transport links nearby. More information about the condition and land would be needed for a more complete evaluation.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 9
- Location
- 7
- Land
- 1
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 1,100.07
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 358,333.00 £Increased by 6.25 %
- Est sale value
- 355,322.61 £Increased by 10.62 %
- Average area rental value
- 1,283.00 £/moDecreased by 3.24 %
- Est letting value
- 1,100.07 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.30 %Decreased by 8.90 %
- Crime Rate
- 25.00 %Unchanged by 0.00 %
Agent Activity
HMO Sales Expert created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Derby Pride Academy | Free Schools Alternative Provision | Outstanding | 0.48 KM |
| Zaytouna Primary School | Free Schools | Requires improvement | 0.74 KM |
| Alvaston Children'S Centre | Children's Centre | 0.94 KM | |
| Utc Derby Pride Park | University Technical College | 0.99 KM | |
| Lakeside Primary Academy | Academy Sponsor Led | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Deadman's Lane | £ 0 | 0 | 0.00 KM |
| Russell Street | £ 130,000 | 0 | 0.00 KM |
| Finan Road | £ 0 | 0 | 0.00 KM |
| Davies Close | £ 0 | 0 | 0.00 KM |
| Alexandra Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby | 1823 | DBY | 1.55 KM |
| Peartree | 1687 | PEA | 2.52 KM |
| Spondon | 1699 | SPO | 4.66 KM |
| Duffield | 1691 | DFI | 9.74 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Taylor Street, Derby, DE24 | £ 145,000 | BUY | Unknown | 0.04 KM |
| Taylor Street, Derby, Derbyshire | £ 125,000 | BUY | Unknown | 0.07 KM |
| Dickinson Street, Alvaston, Derby | £ 260,000 | BUY | 6 / 10 | 0.07 KM |
| Dickinson Street, Wilmorton, Derby | £ 140,000 | BUY | 5 / 10 | 0.07 KM |
| Clifford Street, Wilmorton | £ 130,000 | BUY | Unknown | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Taylor Street | £ 82,000 | 0.03 KM |
| 24 Taylor Street | £ 82,000 | 0.03 KM |
| 57 Taylor Street | £ 76,000 | 0.03 KM |
| 56 Taylor Street | £ 84,500 | 0.03 KM |
| 20 Taylor Street | £ 77,500 | 0.03 KM |