2-bedroom terraced house · DE73 6TG
Sold STCListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market CHAIN-FREE, this charming two-bedroom mid-terrace cottage provides an excellent opportunity for first-time buyers, downsizers and investors alike.
Offering a practical layout, comfortable living accommodation and a convenient location, the property is ideal for those seeking a welcoming home with everyday amenities close by.
Upon entering, a useful entrance porch leads into the main living accommodation.
The inviting lounge provides a comfortable space to relax, unwind or entertain guests, creating a welcoming atmosphere at the heart of the home.
The fitted kitchen offers a practical setting for everyday cooking and meal preparation, while the additional ground-floor WC provides welcome convenience for residents and visitors.
The first floor comprises two bedrooms, offering flexibility to accommodate different lifestyles.
The main bedroom provides a comfortable personal retreat, while the second bedroom could serve as a guest room, nursery or dedicated home office, depending on individual requirements.
Completing the accommodation is a family bathroom fitted with a bath and overhead shower.
Conveniently positioned within walking distance of local shops and everyday amenities, the property offers easy access to essential services, making it an appealing choice for buyers looking for a home that combines comfort with practicality.
With its traditional cottage appeal, versatile accommodation and convenient setting, this property offers plenty of potential for buyers looking to create a home of their own or secure an investment opportunity.
Offered with NO ONWARD CHAIN, early viewing is highly recommended to appreciate everything this delightful cottage has to offer.
----------------------------------------------------------------------------------------------------- You can secure this property with an optional reservation deposit of £2,500.
This forms part of the property's total purchase price and is not an additional fee.
The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.
The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid.
This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.
The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.
--------------------------------------------------------------------------------------------------- These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property.
Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property.
Prospective purchasers are advised to inspect the property and commission an expert report where appropriate.
Speak to one of our property specialists about our reservation deposit scheme to find out more.
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
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
FAQ
About High Street Chellaston, Derby, DE73 6TG
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