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See how verdicts work3-bedroom property · DE1 3GD
For saleReduced £45k (−16.4%) on 8 OctListed 354 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three storey modern town house - offered for sale with no onward chain - positioned close to the heart of derby city centre.
Situated within a gated development is this delightful three bedroom, three story townhouse, located close to the city centre of Derby.
Offered for sale with no onward chain, the subject property is ideal for the first time, family or investor buyer.
The property Offered for sale with no onward chain is this three bedroom three story town house, situated in a gated development and being well located for Derby city centre.
In brief the gas centrally heated accommodation comprises of entrance hall with guest cloakroom, modern kitchen, family bathroom, three bedrooms, ensuite to master bedroom.
The property has an integral garage and a garden to the rear. Entrance hall With central heating radiator & stairs rising to the first floor.
Guest cloakroom Comprising a suite of WC and corner wash hand basin. Glazed window to the front elevation.
Breakfast kitchen 13' 5" x 12' (4.09m x 3.66m) With a range of units at eye and base level providing work surface, storage and appliance space.
Undermount sink unit with mixer tap over, electric cooker with surface mounted hob over, integrated dishwasher and useful storage cupboard. French doors leading to rear garden.
Service door to the garage first floor landing With central heating radiator. Stairs rising to second floor.
Lounge 15' 7" x 15' 7" (4.77m x 4.76m) With timber framed sash style window to the front elevation, doors opening to the Juliet balcony. Central heating radiator.
Lounge continues through to the dining area. Dining area 12' 1" x 10' 5" (3.69m x 3.20m) With timber framed glazed doors opening to the Juliet balcony. Central heating radiator.
Bedroom three 8' 9" x 5' 6" (2.67m x 1.69m) With timber framed glazed window to the rear elevation. Central heating radiator. Second floor landing With airing cupboard housing water cylinder.
Master bedroom 13' 8" x 9' 11" (4.17m x 3.03m) With timber framed glazed windows to the front elevation, fitted wardrobes and central heating radiator.
En-suite shower room Comprising a suite in white of low level WC and wash hand basin with vanity units. Walk in shower cubicle. Part tiled walls and heated towel rail.
Bedroom two 9' 5" x 8' 5" (2.89m x 2.59m) With timber framed glazed windows to the rear elevation. Fitted wardrobes and central heating radiator.
Bathroom A suite in white comprising of rolled top bath with shower attachment, low level WC and wash hand basin. Chrome heated towel rail, part tiled walls and timber framed Velux window.
Outside The property is fronted by a driveway leading to the integral garage with light, power and further appliance space.
To the rear is a well maintained garden with decked area and mature plants and shrubs. Nb Please note that there is an annual maintenance fee of £150 payable for the grounds and gates.
The front photo is just for reference and we will be updating it soon. Nb A non-refundable compliance fee for all buyers or donors of monies will be required.
This fee will be £32.40 per person (inclusive of VAT). These funds will be required to be paid on the acceptance of an offer and prior to the release of the memorandum of sale.
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
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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 15, St Nicholas Place, Derby
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