4-bedroom terraced house · DE23 8SX
Sold STCListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ask about HS Flexi Reserve. This gives you extended completion of upto 3 months!
Allowing time to arrange finances and anything else you need Henrysykes.co.uk For sale by Auction 14th October 12-1PM Bidder registration takes 30 seconds The Advantages of Buying at Auction * Lower purchase prices are achieved, giving you instant equity on day one * Complete certainty once agreed.
* No chains. * No last-minute surprises. * No risk of the seller accepting another offer.
* Fast completion, usually around 28 days - But can be up to 3 months if previously agreed * A transparent buying process where everyone knows the rules from the outset.
For many buyers, this is one of the biggest advantages. Everyone knows exactly where they stand from day one.
Certainty , peace of mind and a huge saving on pricing makes Auctions a great way to buy a property .
The property benefits from a well-presented and highly visible shop frontage, with large display windows and prominent signage providing excellent exposure to passing pedestrians and road traffic.
The premises currently provide an open retail area with additional space to the rear, offering a practical layout suitable for a variety of commercial uses, subject to any necessary planning consents.
Situated on a busy local road within an established residential and commercial area, the property is surrounded by a range of independent businesses and amenities.
The prominent corner position provides good visibility, while the surrounding neighbourhood offers a steady level of passing trade.
Key features include: * Prominent roadside position * Large glazed shop frontage * Ground-floor retail accommodation * Good visibility and passing traffic * Established commercial location * Suitable for a range of potential uses, subject to planning * Close to local amenities and residential areas
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 St. Thomas Shop, St Thomas Road, Derby, Derby City
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