3-bedroom semi-detached house · DE23 8AZ
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*cash buyers only* Offering an exciting opportunity for investors, developers or buyers looking for a renovation project, this three-bedroom semi-detached property has already benefited from a number of works, including a recently replaced roof and a fully paid-for electrical re-wire, which has been partially completed.
The property now requires the remaining works to be completed and further modernisation throughout. The property has been partially renovated, including re-plastering to parts of the accommodation.
The electrical re-wire has been commenced and paid for in full, providing the next owner with a head start on the refurbishment.
The accommodation currently comprises a separate living room, kitchen, three bedrooms and a family bathroom.
The principal bedroom offers comfortable proportions, while a further bedroom benefits from a characterful bay window.
There is also a small utility area, attached external storage housing the boiler and a separate outside WC.
The property offers considerable scope for improvement and personalisation, with the potential to create a modern three-bedroom home once the required works have been completed.
Please note this property was subject to a housefire in previous years. Cash buyers only.
An opportunity suited to investors, developers or buyers with the resources and appetite to undertake and complete a substantial refurbishment project.
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
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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 32, Patmore Square, Derbyshire
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