We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DE22 3GX
Sold STCListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Corbito Cottage!
Built circa mid 1800's and originally part of the Mundy Estate, this charming cottage of some 53 square metres, has been lovingly restored and upgraded to provide stylish character double fronted accommodation coupled with all of the trappings of modern living and must be viewed to be appreciated.
In brief; dining hallway, sitting room, fitted kitchen. On the first floor a landing leads to two bedrooms and bathroom. Outside is a delightful mature rear garden. The property is sold freehold.
Council tax band A. Energy rating D.
Dining Hallway - 3.33 x 3.12 (10'11" x 10'2") - Having a UPVC opaque double glazed entrance door, two double radiators, wood grain effect laminate floor, UPVC double glazed window to front aspect and staircase to first floor.
Sitting Room - 3.32 x 3.35 (10'10" x 10'11") - Having a feature fire surround, laminated wood effect floor, radiator, revealed beamed ceiling, wall light point, television and media connection points and UPVC double glazed window to front aspect.
Fitted Kitchen - 4.03 x 1.55 (13'2" x 5'1") - Having a range of shaker style wall and base cupboards with feature Belfast sink, inset black glass induction hob with electric fan assisted oven and grill, space and plumbing for automatic washing machine, revealed beamed ceiling, light oak veneered floor and UPVC double glazed door to rear garden.
First Floor - Landing - With radiator Bedroom One - 3.35 x 3.33 (10'11" x 10'11") - Having a radiator and two UPVC double glazed windows.
Bedroom Two - 3.14 x 1.62 (10'3" x 5'3") - Having a laminated wood effect floor, radiator and UPVC double glazed window to front aspect.
Bathroom - 3.89 x 1.59 (12'9" x 5'2") - Having a white suite comprising; low flush wc, pedestal wash hand basin and feature free standing claw footed bath with mains fed shower over, complimentary ceramic part tiled walls with contrasting wood grain effect laminate floor, radiator and UPVC double glazed window to rear aspect.
Outside - The property to the rear has an extensive lawned garden with patio area, mature shrubs and trees, outside electric point, cold water tap and outside wc.
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 Corbito Cottage, Cobden Street, Derby
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