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See how verdicts work2-bedroom terraced house · DE23 6TX
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE - £130,000 - £140,000 An exciting opportunity for investors, developers or buyers searching for a renovation project, this property on Howard Street offers excellent potential to improve, modernise and add value.
The property requires a programme of updating and refurbishment, but already benefits from generous room proportions and a versatile existing layout, providing an excellent starting point for its next owner.
Upon entering, the hallway provides access to two separate reception rooms.
The main living room measures approximately 3.46m x 3.73m, while the second reception offers further flexible accommodation and could be utilised as a dining room, additional sitting room or potentially adapted to suit an investor's requirements, subject to any necessary consents.
A rear hallway connects the accommodation with the kitchen and garden, while the kitchen itself offers further opportunity for modernisation and improvement.
The remaining accommodation includes well-proportioned bedroom space and bathroom facilities, all offering scope for refurbishment and personalisation.
Externally, the property benefits from a detached garage and private rear garden, adding further appeal for future occupants or purchasers.
While requiring investment, the property's existing proportions, multiple reception spaces and potential for improvement make it an appealing prospect for investors searching for their next project.
Once renovated, there is excellent scope to create an attractive and functional home while potentially adding value to the property.
Agents Note Living Room 3.46m x 3.73m Central heating radiator Reception Room 3.44m x 2.74m Double glazing and radiator.
Rear Hall 1.46m x 2.24m Double glazing and radiator; access between kitchen and garden. Kitchen 2.56m x 2.06m Double glazing and boiler. Master bedroom 3.74m x 2.45m Double glazing and radiator.
Second Bedroom 3.49m x 2.51m Double glazing and radiator Bathroom 3.05m x 2.14m Double glazing and radiator, bath, WC, wash hand basin Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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