2-bedroom terraced house · DE56 0RF
For saleListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Derbyshire Properties are delighted to present this characterful home, situated in the highly regarded village of Milford.
Requiring a degree of modernisation, the property offers excellent potential and would make an ideal purchase for a first-time buyer or those looking to create a bespoke home.
Rarely for a property of this type, it also benefits from off-road parking for 2–3 vehicles, along with a garden and terrace. Early internal inspection is strongly advised.
Ground Floor An entrance hall with hardwood door, original quarry tiled flooring, and useful storage alcove provides access to the main living accommodation.
Living Room The living room features a window to the front elevation, wall-mounted radiator, and an attractive open fireplace with decorative stone surround and raised tiled hearth.
Kitchen The kitchen is fitted with a range of base units with roll-top work surfaces incorporating a sink and drainer unit.
There is quarry tiled flooring, a front-facing window, and access to both the lower ground floor via an original stone staircase, and the first-floor landing.
Bathroom The bathroom (formerly a bedroom) is generously proportioned and fitted with a four-piece suite comprising WC, vanity wash hand basin, panelled bath, and large shower enclosure with mains-fed shower and attachment.
The room also benefits from exposed ceiling beams, wood flooring, a window to the front elevation, wall-mounted gas combination boiler, radiator, and partial wall tiling.
Lower Ground Floor A useful and characterful space with exposed beams and original features, offering excellent potential for a utility area or further storage.
First Floor The landing has a window to the front elevation, an over-stairs storage cupboard, and access to the principal bedroom. Steps lead to a second bedroom.
Bedroom 1 With front-facing window, wall-mounted radiator, and fitted storage cupboard.
Bedroom 2 With window to the front elevation, wall-mounted radiator, storage cupboard, and TV aerial point.
Outside Located directly outside the front elevation is a paved garden terrace which is ideal for entertaining and houses both a utility room and storage shed.
The main garden has been landscaped with raised stocked flowerbeds and borders, lawn and attractive stone wall boundary to Shaw Lane, where a gravelled parking area can be found, supplying parking for 2 to 3 vehicles.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About East Terrace, Milford, Belper, DE56
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