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See how verdicts work2-bedroom semi-detached house · DE24 8EJ
Listing removedListed 157 daysAuction 30 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Auction on 30 July 2026.
Offered in partnership with Phillips & Co ***VERY ATTRACTIVELY PRICED FREEHOLD INVESTMENT*** An excellent Buy To Let residential investment opportunity to acquire a double fronted semi detached property, converted into 2x self contained one bedroomed flats producing a combined rental income of £9,880 per annum, conveniently positioned for Rolls Royce and Derby's inner ring road.
In our opinion there is significant scope to increase the rental incomes to £625pcm after some improvements have been made, this potentially producing a combined income of £15,000 per annum.
The GF Flat is let at £100 per week and in brief the well maintained uPVC double glazed and gas centrally heated living accommodation comprises:- fitted breakfast kitchen with built-in-appliances, inner lobby, lounge, double bedroom and a spacious shower room.
The FF Flat is let at £90 per week and requires some upgrading.
In brief the uPVC double glazed and gas centrally heated living accommodation comprises:- Ground floor entrance with stairs, first floor landing, lounge, fitted breakfast kitchen, double bedroom and shower room with adjoining WC.
Outside the property is set well back from the road behind a neat privet hedge with a larger than average frontage with ample parking and a large quality built brick and block garage with with twin double doors and pitched roof.
To the front and rear of the property are well kept gardens.
Ground Floor Flat - 21 Fitted breakfast kitchen 10ft 8 x 7ft 6 Inner lobby 6ft 2 x 6ft 4 Lounge 14ft 5 x 12ft 1 Double bedroom 13ft 5 into chimney recess x 10ft 1 Shower room 10ft 2 x 4ft 7 First Floor Flat - 21a Ground floor entrance with stairs 6ft 4 x 5ft First floor landing 6ft 4 x 5ft Lounge 12ft 5 into chimney recess x 13ft 6 Fitted breakfast kitchen 11ft x 7ft 8 Double bedroom 14ft 1 x 12ft 4 Shower room 9ft 1 x 4ft 7 Adjoining WC 4ft 7 x 4ft 1 Outside Double detached brick and block built garage 24ft 1 x 17ft 5 Tenure: Freehold EPC Rating: C C Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.
Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc.
VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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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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
Agent & docs

FAQ
About 21 & 21A Victory Road, Derby DE24 8EJ
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