2-bedroom house · DE21 2SW
Listing removedReduced £25 (−2.9%) on 24 JulListed 125 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Situated in the highly sought-after residential area of Oakwood, this well-presented two-bedroom home offers comfortable living accommodation, perfect for first-time buyers, small families, or investors.
The property briefly comprises a welcoming entrance hallway leading into a spacious lounge, providing a bright and airy living space ideal for relaxing or entertaining.
To the rear, a modern fitted kitchen/diner offers a range of wall and base units, ample worktop space, and direct access to the garden.
Upstairs, the property features two well-proportioned bedrooms, including a generous master bedroom and a second bedroom suitable for guests, a child’s room, or a home office.
A family bathroom completes the first floor, fitted with a three-piece suite. Externally, the home benefits from a private rear garden, perfect for outdoor enjoyment.
Located in Oakwood, the property is close to local amenities, reputable schools, parks, and transport links, providing easy access to Derby city centre and surrounding areas Council Tax Band: Holding Deposit: £196.00
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 38, Derby
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