4-bedroom terraced house · DE22 3QB
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious, extended and well-presented four-bedroom mid-terrace house, offering accommodation arranged over three storeys and being sold with no onward chain.
The property retains original features and provides versatile living space, making it an appealing option for both families and investors.
The property is entered via a welcoming hallway with original tiled flooring, leading through to a spacious front living room.
A further spacious dining room provides access to the modern fitted kitchen, which offers additional dining space, an integral oven, hob and extractor fan, along with space for appliances.
The kitchen also provides access to the cellar and leads through to a useful utility room and downstairs WC.
On the first floor, there are three double bedrooms and a family bathroom fitted with a three-piece suite in white.
The second floor offers a fourth double bedroom, featuring a skylight and access to additional storage and loft space. Outside, the property benefits from an enclosed, low-maintenance rear garden.
Further benefits include uPVC double-glazed windows throughout and gas central heating.
Monk Street is a popular residential location, particularly with investors, offering close proximity to local amenities and convenient access to Derby City Centre.
The property's generous accommodation, four double bedrooms and no onward chain make it an opportunity worth considering for a range of buyers.
Ground Floor Living Room (3.58m x 3.5m) Dining Room (3.73m x 3.58m) Kitchen (4.6m x 3.76m) Utility Room (2.9m x 2.3m) First Floor Bedroom One (4.88m x 3.5m) Bedroom Two (3.86m x 2.92m) Bedroom Three (3.07m x 2.77m) Bathroom (2.3m x 1.63m) Second Floor Bedroom Four (4.75m x 2.97m)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About 84, Monk Street, Derbyshire
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