2-bedroom terraced house · DE3 0GL
Sold STCListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SHARED OWNERSHIP NO ONWARD CHAIN A beautifully presented two double bedroom town house, situated within a well-established residential development and offered on a 25% Shared Ownership basis, with the opportunity to staircase up to full ownership.
The well-proportioned accommodation benefits from double glazing and central heating throughout and briefly comprises: A welcoming entrance hall; ground floor cloakroom/WC; modern fitted kitchen; spacious lounge/diner with twin French doors opening out onto the rear garden; First floor landing; two generous double bedrooms; contemporary bathroom.
Externally, the property benefits from a designated parking space to the front and a private, enclosed, low-maintenance rear garden, ideal for relaxing or entertaining.
The property is conveniently situated close to a wide range of local amenities, including shops, schools and healthcare facilities.
Excellent transport links provide easy access to Derby city centre and surrounding areas, while nearby green spaces and walking routes offer opportunities for outdoor leisure.
This location makes the property particularly appealing to first time buyers and professionals.
Entrance Hall 13'1" x 3'0" (4.0m x 0.9m) Cloakroom/WC 5'1" x 3'10" (1.6m x 1.2m) Lounge/Diner 12'7" x 12'5" (3.8m x 3.8m) Kitchen 9'1" x 6'3" (2.8m x 1.9m) First Floor Landing 9'1" x 5'11" (2.8m x 1.8m) Bedroom 12'6" x 9'1" (3.8m x 2.8m) Bedroom 12'5" x 8'0" (3.8m x 2.4m) Bathroom 6'5" x 6'2" (2.0m x 1.9m) Additional Information The property is held on a 125-year lease from and including 25th December 2019 Rent: £437.49 Service Charge: £51.70 Shared Ownership Company: Sparrow Buyer Information 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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 advisors 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 Tarragon Close, Mickleover
Explore nearby