3-bedroom house · DE21 7NB
Listing removedReduced £10k (−4.2%) on 16 JulListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Hall and Benson are pleased to bring to market this well-presented three-bedroom semi-detached property on Merchant Avenue.
Situated in a popular residential area of Spondon this property offers great potential for first-time buyers, families and investors alike!
Description The property benefits from a welcoming frontage with a private block paved driveway offering off-road parking, leading into a bright and comfortable interior.
Inside, the ground floor comprises a spacious lounge, overlooking the rear garden whilst having direct access via french doors, perfect for relaxing and entertaining.
Alongside a well-appointed open plan kitchen/diner with ample storage and workspace, with views over the rear garden.
Upstairs, the property offers three well-proportioned bedrooms, including two doubles and a good-sized third bedroom, ideal as a nursery, home office, or guest room.
The property is completed by a family bathroom fitted with a bath, separate shower, WC and wash basin.
Externally, the standout feature is the large rear garden, offering excellent outdoor space with plenty of potential for landscaping, entertaining, or family use.
The property also benefits from side access and a private driveway to the front.
Located close to local amenities, reputable schools, and excellent transport links, this home is perfectly positioned for convenient everyday living.
Front To the front of the property is a block paved driveway with a small lawned area and gated side access leading to the rear.
Entrance Hallway Accessed via composite door leading into the hallway with laminate flooring.
Lounge Having laminate flooring, window to the front elevation, french doors to the rear, electric fire and two radiators.
Kitchen Having laminate flooring, window to the front, two radiators, two windows to the rear, breakfast bar, wall and base units with work surfaces over, understairs cupboard, electric oven and hob and wall mounted combi boiler.
First Floor Landing Having carpet flooring, window to the rear and a radiator. Bedroom One Having carpet flooring, window to the front elevation and a radiator.
Bedroom Two Having carpet flooring, window to the front and a radiator Bedroom Three Having carpet flooring, a radiator and window to the rear.
Bathroom Having tiled flooring, shower cubicle, two windows to the rear, tiled walls, heated towel rail, W.C and wash hand basin and a separate bath.
Rear To the rear the garden has a laid lawn section with a raised decked area and is private 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
FAQ
About 49, Merchant Avenue, DERBY
Explore nearby