We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · DE22 3AN
For saleReduced £10k (−6.3%) on 22 JunListed 459 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary An excellent opportunity for an investor to purchase this two double bedroom student let in a highly sought after location.
Description Ashley Adams are thrilled to bring to market this excellently presented, two bed mid terrace property just a short walk from Derby University Campus.
The property is sold with tenants in situ for the next academic year, with a rental amount agreed of £1,250 per calendar month and in brief comprises of; lounge, dining room, kitchen, two double bedrooms and bathroom.
The property is walking distance to a range of local amenities including shops, cafes and West End and Markeaton Park.
Lounge 11' 5" x 11' 4" ( 3.48m x 3.45m ) Entrance via UPVC door into the lounge, with laminate wood flooring, built in storage cupboard, radiator, TV point, UPVC double glazed window to the front elevation and open staircase leading to the first floor landing.
Dining Room 11' 5" x 14' 2" ( 3.48m x 4.32m ) With laminate flooring, Kitchen 5' 2" x 19' 4" ( 1.57m x 5.89m ) Fitted with a range of wall and base units with countertops over, stainless steel sink and drainer with mixer taps, integrated gas hob with extractor over, integrated electric oven, integrated microwave, First Floor Landing Having doors leading to all bedrooms and bathroom.
Bedroom One 11' 2" x 13' 5" ( 3.40m x 4.09m ) Having a double glazed window to the front, radiator and built in storage cupboard.
Bedroom Two 10' 9" x 11' 3" ( 3.28m x 3.43m ) Having a radiator, built in storage cupboard and double glazed window to the rear.
Bathroom Fitted with a three piece suite comprising of a bath with shower over, low level WC and wash hand basin.
Outside To the rear there is a lawned garden, patio, timber shed and side gate giving access to the side entry.
Please Note Please note the property is sold with tenants in situ for the next academic year with a rental figure of £1,250 per calendar month. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must 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
Agent & docs
FAQ
About 20, Merchant Street, Derby
Explore nearby