3-bedroom property · DE1 2DL
Listing removedReduced £10k (−4.1%) on 18 JulListed 409 days
Opportunity summary
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About
Modern three bedroom end of terrace located on the prestigious Nightingale Quarter development, positioned a short walk from the city centre, derby train station and pride park.
This stylish property would be an ideal ready made investment opportunity as it is let for £12,000 pa, but would also be ideal for a young family/professional wanting on the door amenities, schools and low maintenance living.
The property benefits from gas central heating, double glazing, NHBC guarantee until 2035 and within this development there is the popular Pepperpot restaurant which is open 7 days a week.
To the ground floor there is a spacious open plan area which incorporates the kitchen, dining area and lounge area with french doors to the garden, there is also a useful cloakroom.
To the first floor there is a landing giving access to all three bedrooms and the family bathroom with a three piece suite in white.
To the front there is a driveway providing off street parking and to the rear there is an enclosed lawn garden. Viewing is essential.
Places close by: On-site Restaurant ‘The Pepperpot’ serves breakfast, lunch & dinner 7 days a week.
Intu Shopping Centre - 1 min Walk Derby City Centre - 5 min Walk Derby Train Station - 5 min Walk Derby County fc - 20 min Walk University of Derby - 10 min Drive East Midlands Airport - 29 min Drive Peak District National Park - 30 min Drive Kitchen/Lounge/Dining Room (7.82m x 4.45m) Kitchen with integrated cooker oven and hob with space for appliances.
UPVC Front door and double glazed window to the front. Cloakroom to the left on entry. Spacious living room. Central heating radiator. UPVC Double glazed patio doors leading to rear garden.
Bedroom 1 (4.1m x 2.51m) Double Bedroom. UPVC Double glazed windows to the rear. Central heating radiator. Bedroom 2 (3.63m x 2.34m) Double Bedroom. UPVC Double glazed windows to the front.
Central heating radiator. Bedroom 3 (3m x 1.85m) UPVC Double glazed windows to the rear. Central heating radiator. Bathroom (2.03m x 1.7m) Family bathroom with three piece suite in white.
UPVC Double glazed window to the front. Outside Off street parking to the front. Low maintenance rear garden.
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
About 19, Erasmus Drive, Derbyshire
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