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See how verdicts work2-bedroom house · DE23 8HZ
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Holcombe Street, Derby, Derbyshire, DE23 8HZ Two-Bedroom Mid-Terrace in popular Normanton Area.
Offered for sale by Property Options Estate Agents, this attractive two-bedroom mid-terraced home presents a rare opportunity for both homeowners and investors.
Situated in the ever popular Normanton residential area of Derby, this property is presented in immaculate, move-in condition and enjoys convenient access to a range of local amenities.
Property Details: The internal accommodation comprises a welcoming entrance leading to a spacious lounge, a separate dining room, and a modern, recently fitted kitchen.
A convenient ground floor utility room and W.c. Upstairs, you will find two well-proportioned double bedrooms and a family bathroom.
The property benefits from gas central heating and double glazing throughout. Externally, there is a garden to the rear.
Currently, the property is a rent out on a an assured shorthold tenancy arrangement, generating a steady annual income of £9,600, equivalent to £800 per calendar month.
Additional Notices: Identification Requirements: Intending purchasers must provide identification documents at a later stage to ensure a smooth sales process. Your cooperation is appreciated.
Offer Disclaimer: The details provided do not constitute, in whole or in part, an offer or contract.
Measurements: All measurements are provided for guidance only and should not be regarded as accurate. Buyers are encouraged to recheck measurements before incurring any expenses.
Appliances and Services: Property Options has not tested any apparatus, equipment, fixtures, fittings, or services. Buyers are responsible for verifying their functionality.
Legal Title Verification: Property Options has not verified the legal title of the property. Buyers should 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
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FAQ
About 38 Holcombe Street, Derby
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