2-bedroom terraced house · DE22 1GH
For saleListed 2 days
Opportunity summary
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About
A neat and tidy two bedroom mid terrace property located in this ever popular location off Kedleston Road, close to the city centre and the beautiful Darley and Markeaton parks. No Chain.
Internally the gas centrally heated and UPVC double glazed accommodation comprises, lounge, dining room, kitchen and utility room. To the first floor are two bedrooms and bathroom.
Externally there is an enclosed yard area and residents permit street parking is available to the front.
Longford Street is a popular residential location with useful local amenities including a grocery store, post office, cafe and popular public houses along with being close to the city centre, University of Derby and the beautiful parks of Darley and Markeaton.
The property is attractively offered for sale with immediate vacant possession and no upward chain.
Accommodation - Front Reception Room - 3.66m x 3.40m (12' x 11'2") - A spacious room with main front door, twin UPVC double glazed window, wooden floorboards and radiator.
Rear Reception Room - 4.65m x 3.63m (15'3" x 11'11") - A second spacious reception room also having wooden floorboards, gas fire and surround, UPVC double glazed window, stairs to first floor and radiator.
Kitchen - 2.87m x 2.13m (9'5" x 7') - Fitted with a range of floor units with matching cupboard and drawer fronts, wooden work surfaces and tiled splashbacks, stainless steel sink and drainer, electric oven with gas hob, rear UPVC double glazed window and door, radiator.
Utility Room - 2.06m x 1.47m (6'9" x 4'10") - With plumbing for a washing machine. First Floor - Landing - Passaged with independent access to all first floor rooms.
Bedroom One - 3.66m x 3.40m (12' x 11'2") - A generous double bedroom with front facing UPVC double glazed window and radiator.
Bedroom Two - 3.68m x 2.74m (12'1" x 9') - A second comfortable double bedroom with rear facing UPVC double glazed window, built in cupboard and radiator.
Bathroom - 2.84m x 2.13m (9'4" x 7') - Fitted with a three piece suite comprising a bath with electric shower over, wash basin and WC, UPVC double glazed window, built in store cupboard also housing combination boiler providing domestic hot water and gas central heating.
Outside - Externally there is an enclosed yard area and residents permit street parking is available to the front.
Value & comps
No previous sales on record.
Returns
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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.
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