2-bedroom house · DE24 8QS
For saleListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming two-bedroom mid-terrace property, located in DE24 8QS and offered at £139,950, presents an excellent opportunity for investors.
Currently tenanted with an agreed rental term remaining, this property is ideal for those looking to continue a tenancy agreement.
Further information regarding the tenancy can be provided upon request.
Approached via a slabbed frontage leading to the front door, the property immediately welcomes you into its inviting living spaces.
Reception one (3.46m x 3.49m (11'4" x 11'5")) The first reception room features a double-glazed window to the front, bathing the space in natural light, complemented by laminate flooring and a radiator.
A focal point is the open fireplace, adding character and warmth. A doorway seamlessly connects to the second reception room.
Reception two (3.41m x 3.42m (11'2" x 11'2")) With a double-glazed window to the rear, this versatile space also benefits from laminate flooring and a radiator.
It conveniently houses the staircase leading to the first floor and provides access to the kitchen.
Kitchen (2.74m x 2.04m (8'11" x 6'8")) The kitchen is well-appointed with a double-glazed window to the side aspect, ensuring a bright cooking environment.
It boasts wall-mounted cupboards and base units with work surfaces, a sink and drainer unit with a mixer tap, and integrated oven and hob with an extractor fan.
Practical elements include a cupboard housing the central heating boiler and space for both a washing machine and dishwasher. Access to the conservatory is provided from here.
Conservatory (0.3m x 2.08m (0'11" x 6'9")) Offering a tranquil transition to the outdoors, the conservatory features tiled flooring and direct access to the rear garden.
Landing The first-floor landing features a radiator, loft access, and provides direct entry to both bedrooms and the main bathroom.
Bedroom one (3.5m x 3.44m (11'5" x 11'3")) A bright and comfortable space with a double-glazed window to the front and a radiator.
Bedroom two (3.44m x 2.52m (11'3" x 8'3")) Another well-proportioned bedroom, featuring a double-glazed window to the rear and a radiator.
Bathroom The bathroom is designed for relaxation, featuring a double-glazed opaque window to the rear and a heated towel rail.
It includes a paneled bath, a low-level WC, and a fitted wash hand basin with a vanity unit. Tiled flooring and splashbacks complete the contemporary finish.
Rear garden The private rear garden offers a pleasant mix of a lawn area and a slabbed patio, perfect for outdoor enjoyment and low-maintenance upkeep.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 31, Curzon Lane, Derby
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