2-bedroom terraced house · DE3 9DJ
Listing removedListed 138 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Platinum Estates are pleased to offer this spacious two bedroom end terrace family home, sitting on a quiet cul-de-sac in the sought-after Varsity Grange Estate.
The property has been maintained to a high standard and benefits from uPVC double glazing, gas central heating by way of a combination boiler and off road parking to the front with additional visitor parking found within the cul-de-sac.
Having a modern and stylish interior, the property briefly comprises: Wide entrance hallway with a range of fitted understairs storage, ground floor cloakroom/WC, fitted kitchen with space for appliances and generous lounge/diner with access into the rear garden.
To the first floor are two good sized double bedrooms and a family bathroom with white three-piece suite.
To the front of the property is a lawn sitting alongside a paved pathway and tarmacadam driveway.
The paved pathway runs to the side of the property, allowing access to the rear garden, which is of low maintenance laid with artificial grass and includes a garden shed and fence boundaries.
Langwith Close is conveniently located close to the Royal Derby Hospital and local shops and amenities within Mickleover village, well-regarded schools and excellent road links with the A38 and A50 road networks, leading to the A52, M1 motorway and East Midlands Airport.
The property must be viewed internally to fully appreciate the size and standard of the property on offer. Early viewings are also highly recommended to avoid disappointment.
Measurements : Entrance Hallway 16' 3'' x 8' 2'' (4.95m x 2.49m) Cloakroom 3' 9'' x 7' 10'' (1.14m x 2.39m) Max Kitchen 8' 9'' x 7' 10'' (2.66m x 2.39m) Max Lounge/Diner 14' 4'' x 15' 8'' (4.37m x 4.77m) Max Bedroom One 11' 1'' x 15' 7'' (3.38m x 4.75m) Max Bedroom Two 7' 9'' x 15' 7'' (2.36m x 4.75m) Max Bathroom 8' 1'' x 7' 11'' (2.46m x 2.41m) Max We do not allow pets in any of our properties.
Application Requirements : All tenants must be in permanent employment You must be earning a minimum income of £50000
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About LANGWITH CLOSE, MICKLEOVER, DERBY, DE3 9DJ
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