2-bedroom terraced house · DE55 4JX
To rentListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Two-bedroom end-terraced property, ideally situated in the highly sought-after and popular area of Somercotes.
The property has been refurbished to provide a fresh, modern and comfortable home, making it an excellent opportunity for a professional couple, small family or those looking for a well-presented rental property in a convenient location.
On entering, the property briefly comprises a welcoming lounge, providing a comfortable space for relaxing and entertaining.
There is also a separate dining room, offering additional living space and making this an ideal home for everyday family life.
To the ground floor, the property benefits from a modern kitchen with space for the necessary appliances and a ground-floor bathroom, providing practicality and convenience.
To the first floor are two generously sized double bedrooms, offering excellent accommodation for families, couples or sharers.
Both bedrooms provide versatile space for bedroom furniture, storage and additional furnishings.
Further benefits include full gas central heating and double glazing, helping to provide a warm and comfortable home throughout the year.
The property is located within the popular Somercotes area, offering convenient access to local shops, schools, amenities and transport links, with surrounding towns and major road networks also within easy reach.
This attractive property is expected to generate considerable interest and would make an excellent rental home.
Viewing is highly recommended and essential to fully appreciate the accommodation, presentation and location on offer.
Council Tax Band: A Deposit: £725 Ground Floor: Lounge 10'11 x 10'7 (3.34m x 3.24m)Upvc door, Upvc window to front elevation, carpet flooring.
Dining 11'10 x 10'7 (3.61m x 3.23m)Upvc window to the rear elevation, carpet flooring. Kitchen 6'5 x 5'6 (3.09m x 1.70m)Wall and base units, integrated oven, hob and extractor, vinyl flooring.
Bathroom Ground floor bathroom, white suite, overhead shower. First Floor: Bedroom 1 11'3 x 9'8 (3.43m x 2.96m)Carpet flooring, Upvc window to the front elevation.
Bedroom 2 10'7 x 10'1 (3.25m x 3.29m)Single panel radiator, Fitted Cupboard, Upvc window to the rear of the property. Outside Rear garden. Please Note 1 Please Note Please Note
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
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FAQ
About 331 Somercotes Hill, Somercotes, Derbyshire
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