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See how verdicts work2-bedroom terraced house · DE1 3HR
Sold STCListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-located two bedroom terraced home in need of general modernisation offered for sale with no chain and vacant possession. An ideal first time buy or investment purchase.
The gas centrally heated and UPVC double glazed accommodation comprises, front reception room, inner lobby with access to a cellar, rear reception room with stairs to the first floor, kitchen with an enclosed rear porch off.
To the first floor there are two large double bedrooms and bathroom.
Externally there is an enclosed yard with side gated shared access to West Avenue where there is street parking requiring a residents permit.
Viewers are recommended to observe local parking restrictions. Parking is available to Parker Street at the end of West Avenue.
Located a short distance from the city centre, in the 'Five Lamps' area of Derby, the property is well located for local amenities as well as a comprehensive range of shopping and leisure outlets in the city centre.
An ideal first time buy or investment purchase.
Accommodation - Entering the property through a UPVC double glazed door into: Lounge - 3.58m x 3.43m (11'9" x 11'3") - A typical front reception room having a UPVC double glazed window, fireplace with an inset gas fire and hearth, media connections, central heating radiator, inner glazed door into: Inner Lobby - With access to a cellar with light.
Dining Room - 3.63m x 3.43m (11'11" x 11'3") - The rear reception room has stairs leading to the first floor, laminate floor covering, fireplace surround with an inset electric fire and hearth, UPVC double glazed window, radiator, access into: Kitchen - 2.34m x 1.96m (7'8" x 6'5") - Appointed with a range of fitted kitchen units, laminate work surfaces, stainless steel sink and drainer, radiator, UPVC double glazed window overlooking the rear garden, access into: Rear Porch - 2.44m x 1.17m (8' x 3'10") - With fitted cupboards and laminate work surface, UPVC double glazed window and door to the rear garden.
First Floor - Landing - With independent access to all first floor rooms.
Bedroom One - 4.47m x 3.45m (14'8" x 11'4") - A particularly spacious bedroom having fitted wardrobes and cupboards, front facing UPVC double glazed window, radiator.
Bedroom Two - 3.84m x 3.45m (12'7" x 11'4") - A second generous double bedroom having a rear facing UPVC double window, built-in cupboard with loft access, feature fireplace, radiator.
Bathroom - 3.10m x 2.41m (10'2" x 7'11") - A spacious bathroom appointed with a three-piece suite comprising a bath with an electric shower over, pedestal wash and basin, low-level WC, wall mounted boiler, built-in airing cupboard, UPVC double glazed window, radiator.
Outside - Externally there is an enclosed yard with side gated shared access to West Avenue where there is street parking requiring a residents permit.
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
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FAQ
About West Avenue, Derby
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