3-bedroom terraced house · DE22 3EN
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A smartly presented and well maintained three bedroom spacious terraced property offering excellent investment returns or as a generous family home located in this popular location close to the city centre, Royal Hospital and A38.
The property is currently tenanted at £700PCM and can be sold with tenants in situ.
The gas centrally heated and UPVC double glazed accommodation comprises, front reception room/ground floor bedroom, middle living room, kitchen and ground floor shower room, to the first floor are three well-proportioned bedrooms.
Externally, the property has the main front door, side door accessed from the passage and an enclosed private garden to the rear.
Accommodation - Ground Floor - Lounge/Bedroom - 3.28m x 3.18m (10'9" x 10'5") - Main UPVC double glazed front door, UPVC double glazed window, radiator. Lobby - With undertairs store.
Living Room - 3.48m x 3.28m (11'5" x 10'9") - With ample space for a dining table and chairs, stairs to the first floor, side UPVC double glazed door, UPVC double glazed window, media connections, radiator, space for fridge freezer, open plan access: Kitchen - 2.57m x 1.75m (8'5" x 5'9") - Fitted with a good range of fitted cupboards, laminate work surfaces, tiled walls, stainless steel sink and drainer, space for a cooker, undercounter fridge and washing machine, vinyl flooring, UPVC double glazed window.
Shower Room - 2.01m x 1.78m (6'7" x 5'10") - Corner shower cubicle, wash basin and WC, tiled floor and walls, UPVC double glazed window, cupboard hosing combination gas boiler, extractor fan, radiator.
First Floor - Landing - Passaged access to all first floor rooms. Bedroom One - 4.32m x 3.18m (14'2" x 10'5") - A generous double room with two front facing UPVC double glazed windows, radiator.
Bedroom Two - 3.48m x 3.00m (11'5" x 9'10") - A generous double bedroom having a built-in cupboard, UPVC double glazed window, radiator.
Bedroom Three - 4.78m + lobby x 1.83m (15'8" + lobby x 6') - A spacious rectangular room having two UPVC double glazed windows, radiator.
Outside - Externally, the property has the main front door, side door accessed from the passage and an enclosed private garden to the rear.
Please Note - The property is currently let and can be sold with the tenants in situ. Should vacant possession be required upon completion, a notice period of up to four months may be required.
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.
Area
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