2-bedroom terraced house · DE72 3HP
Listing removedListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned two-bedroom home, making an ideal first-time buy, with generous living accommodation, modern fitted kitchen with integrated appliances, large four-piece bathroom and low-maintenance rear garden The ground floor comprises a generous open-plan lounge and dining room having Karndean flooring, providing a good-sized reception space with plenty of room for furniture and dining area.
The open-plan layout gives the ground floor a spacious feel and provides a good flow through the main living accommodation.
The modern fitted kitchen is positioned separately and benefits from a range of fitted units, good worktop space and integrated appliances. To the first floor are two well-proportioned bedrooms.
The main bedroom benefits from fitted wardrobes, providing useful built-in storage.
The large bathroom is fitted with a four-piece suite, comprising bath, separate shower, wash hand basin and WC, together with a useful storage cupboard.
To the rear of the property is a low-maintenance paved garden, with a decked seating area providing a designated outdoor space.
The garden also benefits from a useful outbuilding, which provides additional storage.
**Declaration of Personal Interest Under the Estate Agents Act 1979, we are required to disclose any personal interest in a property being marketed for sale.
We therefore wish to make you aware that the vendor of this property is an employee of lrg Group. This interest is being disclosed to ensure that all parties are fully informed. **
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 23, Elm Street, Derby
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