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See how verdicts work2-bedroom terraced house · DE21 7JB
For saleReduced £10k (−5.3%) on 1 OctListed 436 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary We are pleased to offer to the market this well presented 3 storey mid terraced property.
The property is within a short walk of Spondon village and close to a variety of local amenities description We are pleased to offer to the market this well presented 3 storey mid terraced property.
The property is within a short walk of Spondon village and close to a variety of local amenities.
The property also benefits from excellent transport links including bus services giving direct access to Derby and Nottingham and with Spondon train station only a short distance away.
In brief the property comprises of: Entrance hall, Integral garage and utility room to the ground floor, kitchen and lounge to the first floor and two double bedrooms and family bathroom to the second floor.
Entrance Hall With UPVC front door, tiled floor giving access to the integral garage and utility room.
Utility Room A generous size utility room with tiled flooring, UPVC window to the rear of the property and UPVC door giving access to the garden at the rear of the property.
Lounge 15' 10" x 11' 11" ( 4.83m x 3.63m ) With fitted carpet, two UPVC windows to the front of the property and electric fire with surround.
Kitchen 11' 10" x 8' 10" ( 3.61m x 2.69m ) With vinyl flooring, part tiled surround, a range of wall and base units, integral gas hob and electric oven, and UPVC window to the rear of the property.
Bedroom One 11' 11" x 8' 11" ( 3.63m x 2.72m ) With fitted carpet and UPVC window to the rear of the property.
Bedroom Two 11' 1" x 9' 6" ( 3.38m x 2.90m ) With fitted carpet and UPVC window to the rear of the property.
Bathroom A modern bathroom with tiled flooring, full tiled surround, Wash hand basin, low level W/C, walk in shower, spot lights and towel radiator.
Garden Part synthetic turf with feature patio to the centre of the garden, fenced surround and gate giving access to the rear of the property. 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: Connells 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: Connells 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
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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
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FAQ
About 18, Locko Court, Locko Road, Derby
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