10 bed cottage for sale

246 Uttoxeter New Road, Derby, Derbyshire DE22

For sale by Online Auction - 30th ofJuly 2026

This is an excellent investment opportunity to acquire a fully refurbished former public house that has been converted into a high-quality 10-bedroom HMO (House in Multiple Occupation). The property is located in a prominent and busy position just outside Derby city centre, close to major employers, transport links, Royal Derby Hospital, and the University of Derby, making it an attractive location for tenants.

The property has undergone a complete back-to-brick renovation and has been finished to a modern standard throughout. It now provides 9 self-contained studio rooms with kitchen facilities and 1 en-suite bedroom, together with excellent shared amenities including a spacious kitchen and dining area, lounge, games room, cinema room, and laundry room.

The studios are well designed and exceed Derby City Council's minimum room size standards. Two of the studios are particularly spacious (approximately 20 sqm and 26 sqm), offering a self-contained apartment-style living experience.

The building is of traditional brick construction with a pitched roof and has been extensively refurbished, providing a modern, low-maintenance investment with an expected useful life of over 50 years.

Externally, the property benefits from a large private rear car park with ample off-street parking and a newly created rear access, adding convenience for residents and enhancing the property's appeal.

Planning permission (Ref: 21/02044/ful, granted 13 May 2022) approved the change of use from a former public house to a 10-bedroom HMO, providing a fully compliant and ready-to-let investment opportunity.

Key Highlights
-Fully refurbished former public house
-Converted into a 10-bedroom HMO
-9 studio rooms and 1 en-suite bedroom
-Modern shared kitchen, dining room, lounge and laundry
-All rooms meet or exceed Derby City Council space standards
-Two extra-large studios (20 sqm and 26 sqm)
-Traditional brick building with complete back-to-brick renovation
-Large private rear car park with new access
-Planning permission in place for HMO use
-Excellent location close to Derby city centre, Royal Derby Hospital, and the University of Derby
-High-quality turnkey investment with strong rental potential

unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).