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See how verdicts work3-bedroom house · DE22 2HP
Listing removedReduced £10k (−4%) on 22 JunListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious townhouse, no chain - This well presented mid town house offers generous accommodation designed for comfortable everyday living.
The property provides well proportioned rooms, a spacious lounge, and a practical kitchen diner that forms the heart of the home.
Upstairs, three well sized bedrooms create flexible space for families, guests, or those working from home.
Outside, the enclosed rear garden offers a pleasant area for relaxing or entertaining, while off road parking adds everyday convenience.
Offered with no onward chain, this property represents an excellent opportunity for first time buyers, young families, or those seeking a well located investment.
The Detail The property is approached via a storm porch leading into the entrance hallway, which flows directly into a spacious lounge.
This welcoming living space features a focal point electric fire and enjoys a bright and comfortable atmosphere, providing a versatile setting for everyday living.
To the rear, the kitchen diner provides a sociable and practical space within the home.
Fitted with a range of matching wall and base units, the kitchen incorporates a gas hob, electric oven, sink and drainer, along with space for a fridge freezer.
A window overlooks the rear garden, bringing in natural light, while a substantial understairs cupboard offers excellent storage.
The room also offers ample space for a dining table and furniture, creating an ideal setting for entertaining.
From the kitchen, a rear lobby provides access to the garden and a useful ground floor WC.
The WC comprises a toilet, wash hand basin, worktop and plumbing for a washing machine, creating a practical utility style space.
There are also plenty of storage options with a sizeable walk in storage cupboard and spacious loft.
Upstairs are three generously proportioned bedrooms, including a principal bedroom with fitted wardrobes. The family bathroom is fitted with a three piece suite.
Outside, the rear garden features a lawn, patio seating area and planted borders, with gated rear access and parking available to the front.
The Location Situated within the well regarded suburb of Allestree, this property enjoys a setting that balances everyday convenience with a strong community feel.
A short walk leads to Blenheim Parade, where a selection of independent shops, cafés, takeaways and essential services provide everything needed for day to day living.
Families will appreciate the proximity to Woodlands School, along with several nearby primary schools serving the area.
The University of Derby is also within easy reach, adding further appeal for a variety of buyers.
For outdoor space, Markeaton Park is close by and offers expansive green areas, woodland walks, cycle routes and a popular café.
Allestree Park is also nearby and is particularly popular for dog walking, nature trails and open countryside style surroundings.
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 23, Middlefield Close, Derby
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