4-bedroom terraced house · BT48 6JT
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gas Central Heating uPVC Double Glazed Windows and Rear Door Composite Front Door Carpets, Curtains and Blinds Included in Sale Renovations carried out in 2019 Partially Floored Roofspace Early Occupation Available Vestible Porch with tiled floor.
Entrance Hall walls partially wood panelled. Lounge/Dining 21'10 x 11'11 (to widest points) Dual aspect, recessed lighting. Kitchen 16' x 8'5 (to widest points) Eye and low level units, double drainer stainless steel sink unit with mixer tap, wired for electric cooker, plumbed for dishwasher, partly tiled walls.
Downstairs WC WC and wash hand basin. First Floor Bedroom 1 14'9 x 11' Tiled fireplace with tiled heart and wooden surround (currently not in use), wooden floor, recessed lighting. Bedroom 2 10'9 x 9'10 (to widest points). Bathroom 12'7 x 8'5 (to widest points) Bath with electric shower overhead, WC and wash hand basin, partly tiled walls, recessed lighting. Second Floor Bedroom 3 10'9 x 8'6 (to widest points). Bedroom 4 (currently used as secondary Kitchen/Dining) 14'8 x 11' Eye and low level units, single drainer stainless steel sink unit with mixer tap, wired for electric cooker. Exterior Features Concrete yard to rear.
Storage shed. Property Particulars Disclaimer The particulars contained in this description are provided for general guidance only and are prepared to the best of our knowledge by Pauline Elliott Estate Agents.
They are intended to give a fair overall impression of the property but do not form part of any offer or contract.
While every effort has been made to ensure accuracy, all information, including text, plans, measurements, and photographs, is given in good faith and should not be relied upon as statements of fact.
No warranty or representation is made by Pauline Elliott Estate Agents that the property or any of its services, systems, appliances, or equipment are in good working order.
Prospective purchasers should satisfy themselves as to the condition and functionality of all such items, as none have been tested by Pauline Elliott Estate Agents.
Photographs included within these particulars show only certain aspects of the property at the time they were taken.
It should not be assumed that the property remains exactly as shown, and no assumptions should be made regarding parts of the property not depicted.
Any measurements, areas, or distances stated are approximate and provided for guidance only.
Where reference is made to alterations, usage, or potential of the property, no guarantee is given by Pauline Elliott Estate Agents that the necessary planning permissions, building regulations, or other consents have been obtained.
Interested parties are advised to make their own enquiries and seek independent professional advice where necessary.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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 11 Grove Place, Derry, BT48 6JT
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