2-bedroom terraced house · DE5 9QF
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***ATTENTION FIRST TIME BUYERS*** Whitegates are DELIGHTED to bring to market this cosy TWO BEDROOM property which is ideally located close to schools, shops, amenities and transport links!
Briefly comprising of: Living room, kitchen, two bedrooms, bathroom, on street parking, good sized private rear garden and TWO outbuildings. Viewings are HIGHLY RECOMMENDED!
The Details Ground Floor Living Room Fitted carpet, radiator, uPVC double glazed window to front elevation and composite door to front elevation.
Kitchen Laminate flooring, radiator, spotlights, fitted wall and base units, integrated oven, gas hob with extractor fan, space for fridge freezer, sink and drainer, understairs storage cupboard, uPVC double glazed window and door to rear elevation.
First Floor Landing Fitted carpet and loft access. Bedroom 1 Fitted carpet, radiator and uPVC double glazed window to rear elevation.
Bedroom 2 Fitted carpet, radiator and uPVC double glazed window to front elevation.
Bathroom Laminate flooring, wall mounted heated towel rail, spotlights, panelled bath, shower, hand wash basin and WC.
Outside The property is set back from the road with access gate, retaining wall and paved area to front door.
To the rear is a good sized garden with courtyard area, lawned area and decked area. There are also two outbuildings.
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 Mill Lane, Codnor, Ripley, Derbyshire, DE5
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