2-bedroom terraced house · DE73 8LQ
Listing removedListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within a quiet development in the heart of Melbourne, this beautifully proportioned mid-terrace home offers modern living, generous room sizes, a low-maintenance split-level garden and the added benefit of a newly fitted boiler.
The Details Tucked away within a quiet development in the heart of Melbourne, this spacious mid-terrace home offers well-balanced accommodation perfectly suited to modern living.
Beautifully presented throughout, the property combines practical family spaces with contemporary finishes, while still offering excellent potential for a buyer looking to add their own cosmetic touches over time.
The home also benefits from a newly fitted boiler installed in December 2025, providing added peace of mind for the next owner.
The welcoming entrance hallway immediately creates a strong first impression, featuring stylish herringbone flooring and a generous sense of space rarely found in homes of this style.
To the front of the property, the lounge provides a cosy yet spacious living area centred around a feature fireplace, creating the perfect space to relax at the end of the day.
To the rear, the kitchen offers an impressive amount of storage and preparation space with a wide range of fitted units, integrated appliances and room for dining, making it ideal for both everyday life and entertaining.
Upstairs, the property offers two particularly generous double bedrooms, both benefiting from fitted wardrobes and a pleasant rear aspect overlooking the garden.
The landing is currently utilised as a useful work-from-home space — a feature increasingly valuable for modern buyers seeking flexible living.
A contemporary family bathroom fitted with a clean white suite completes the accommodation.
Outside, the split-level rear garden has been designed with low maintenance in mind, creating an ideal outdoor space for relaxing, entertaining or enjoying summer evenings without the upkeep of a larger garden.
Area Guide - Residents also benefit from communal parking and a peaceful setting just a short stroll from Melbourne’s vibrant village centre.
The Area Melbourne is one of South Derbyshire’s most desirable villages, known for its charming character, strong community feel and excellent range of independent shops, cafés and restaurants.
The property is ideally positioned within walking distance of Melbourne’s vibrant village centre, where residents can enjoy everything from artisan coffee shops and pubs to boutique shopping and scenic walks around Melbourne Pool.
The village is also well placed for commuters, offering excellent access to Derby, Nottingham, Leicester and Birmingham via the A50, A42 and M1, while East Midlands Airport and East Midlands Parkway railway station are both within easy reach.
With countryside walks, local amenities and highly regarded schooling nearby, Melbourne continues to be hugely popular with professionals, downsizers and young families alike
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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FAQ
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