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See how verdicts work5-bedroom detached house · DE23 8DG
Sold STCReduced £25k (−9.1%) on 16 SepListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain, auction sale - Occupying a generous plot in the popular area of Sunnyhill, this substantial bay-fronted detached property offers versatile accommodation arranged across three floors, making it an excellent opportunity for growing families, investors, or buyers seeking flexible living space.
Having been extended, the property provides spacious and well-balanced accommodation, with five bedrooms, multiple reception rooms, and a superb L-shaped kitchen diner designed for modern family life.
The generous rear garden offers a private outdoor setting with a covered seating area, creating an ideal space for entertaining or relaxing throughout the year.
A block-paved driveway provides ample off-road parking and leads to a useful storage shed, while the low-maintenance front garden enhances the property's kerb appeal.
Offered for sale with no upward chain, this impressive home combines excellent proportions, practical living, and outstanding potential within a well-established residential location close to a wide range of local amenities.
The Detail Stepping into the property, the spacious entrance hallway creates an inviting first impression and provides access to the principal ground floor accommodation.
There is a convenient downstairs WC together with useful understairs storage.
Positioned to the front, the generous lounge is enhanced by an attractive bay window, allowing natural light to flood the room while providing a comfortable setting for everyday living.
A separate dining room offers an excellent space for family meals, celebrations, or formal entertaining.
The heart of the home is the impressive extended L-shaped kitchen diner, offering an abundance of space for cooking, dining, and socialising.
Designed with family living in mind, the layout provides excellent versatility, while direct access to the rear garden allows indoor and outdoor living to blend effortlessly.
The first floor offers three well-proportioned bedrooms, including two generous double bedrooms together with a further spacious front-facing bedroom.
The family bathroom is fitted with a three-piece suite, while the additional separate shower room provides added convenience for larger households.
Occupying the second floor are two further bedrooms, creating ideal accommodation for older children, guests, or those working from home.
The front bedroom benefits from useful eaves storage together with Velux windows, while the rear bedroom enjoys a pleasant outlook over the rear of the property.
Outside, the enclosed rear garden has been designed for ease of maintenance with an extensive paved patio and a covered seating area, providing an excellent setting for outdoor dining, entertaining, or simply enjoying the warmer months in privacy.
To the front, the block-paved driveway offers ample off-road parking and extends to a useful storage shed, complemented by a low-maintenance paved front garden.
Situated within the popular area of Sunnyhill, the property enjoys excellent access to a wide range of everyday amenities, including local shops, supermarkets, schools, healthcare facilities, and regular public transport services.
Rolls-Royce is located nearby, making this an excellent choice for professionals, while Derby city centre is easily accessible, offering an extensive selection of shopping, restaurants, cafés, and leisure facilities.
Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.
Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.2% inc.
VAT of the purchase price (subject to a minimum of £1,500 inc. VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack.
You must read the Legal Pack carefully before bidding.
Additional Details For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page: This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisers 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
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FAQ
About 24, Grange Avenue, Derby
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