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See how verdicts work3-bedroom terraced house · DE22 3QJ
Sold STCReduced £10k (−5%) on 26 OctListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-appointed, deceptively spacious three/four-bedroom townhouse is ideally located close to the City Centre and within an area that is ideal for buy-to-let.
With a spacious lounge, separate dining room (currently lettable bedroom) fitted kitchen, bathroom and shower room, it will make a superb investment property or first time buy.
Benefitting from uPVC double glazing and gas central heating, the accommodation on offer briefly comprises; Entrance porch with feature period style tiling; entrance hall with access to the useful cellar store; spacious lounge: separate dining room which is currently configured to offer a fourth lettable bedroom; well-appointed modern fitted kitchen; uPVC double glazed conservatory; first floor landing; three double bedrooms; family bathroom and separate shower room, both with WC.
Outside, a low maintenance gravelled rear garden which can be accessed via a secure gated alleyway to the side of the property.
This traditional property really must be viewed to fully appreciate the size and standard of the accommodation on offer.
King Alfred Street lies conveniently for local shops and amenities as well as fantastic access to Derby City Centre and road links.
Entrance Porch Entrance Hall Lounge 13'5" x 10'10" (4.1m x 3.3m) Dining Room (Currently Bedroom) 12'11" x 12'9" (3.9m x 3.9m) Kitchen 13'5" x 8'11" (4.1m x 2.7m) Conservatory 12'5" x 6'4" (3.8m x 1.9m) Useful Cellar Store First Floor Landing Bedroom One 14'2" x 13'6" (4.3m x 4.1m) Bedroom Two 12'11" x 10'4" (3.9m x 3.1m) Bedroom Three 9'10" x 9'5" (3.0m x 2.9m) Shower Room 8'10" x 5'10" (2.7m x 1.8m) Bathroom 7'2" x 5'6" (2.2m x 1.7m) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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.
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