3-bedroom house · DE1 1LE
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no chain** Leaders Estate Agents are pleased to present this deceptively spacious three-bedroom mid-terrace home, offered to the market with no upward chain.
Ideally positioned within walking distance of Derby City Centre and the popular Vaillant Live entertainment venue, this property presents an excellent opportunity for investors and first-time buyers alike.
Arranged over three floors, the property offers generous living space throughout and has the potential to achieve an approximate gross rental yield of 6.7%, making it an attractive investment opportunity.
The accommodation begins with a welcoming entrance hallway providing access to the ground floor and stairs leading to the first floor.
To the front of the property is a spacious living room filled with natural light, while to the rear is a separate dining room that opens into the fitted kitchen.
The kitchen is equipped with a range of wall and base units, space for appliances, access to the enclosed rear garden, and entry to a useful cellar, ideal for additional storage.
On the first floor are two well-proportioned bedrooms, both served by a modern family bathroom fitted with a contemporary three-piece suite.
Stairs lead to the second floor, where a generous third bedroom provides flexible accommodation, perfect as a principal bedroom, guest room or home office.
Externally, the property benefits from a private enclosed rear garden, offering an ideal outdoor space with minimal maintenance.
Conveniently located, the property enjoys excellent access to Derby City Centre, the Royal Derby Hospital, the A52 and the M1 motorway, making it well suited to commuters.
A wide range of shops, restaurants, schools and local amenities are all within easy reach.
Viewing is highly recommended to fully appreciate the generous accommodation, convenient location and investment potential this fantastic property has to offer.
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 51, Macklin Street, Derbyshire
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