2-bedroom terraced house · DE23 8PP
Let agreedListed 94 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very smartly presented two bedroom mid terrace property having been professionally upgraded to include a new kitchen and bathroom.
The gas centrally heated and UPVC double glazed accommodation in brief comprises, lounge, inner lobby with access to a cellar, separate dining room and fitted kitchen with oven and hob.
To the first floor, there are two separate bedrooms and bathroom. Externally there is ample street parking whilst to the rear there is a long rear garden with brick store.
The property is located close to all local facilities in this ever popular residential location. Derby city centre is a short distance away as are both hospitals.
Accommodation - Lounge - 3.73m x 3.25m (12'3" x 10'8") - Main UPVC double glazed front door and window, laminate floor covering, gas fire and radiator. Inner Lobby - Access to the cellar.
Dining Room - 3.73m x 3.30m (12'3" x 10'10") - A second spacious reception room also having laminate floor covering, stairs lead to the first floor, rear facing UPVC double glazed window and radiator.
Kitchen - 2.72m x 1.83m (8'11" x 6') - Fitted with a newly installed range of wall and base units with matching cupboard and drawer fronts, laminate work surfaces and tiled splashback, stainless steel sink and drainer, electric cooker and gas hob with an extractor fan over, space for a tall fridge freezer and washing machine, UPVC double glazed door and window to the rear.
First Floor - Landing - Passaged with access to all first floor rooms, radiator.
Bedroom One - 3.73m x 3.28m (12'3" x 10'9") - A spacious double bedroom with new carpeting, front facing UPVC double glazed window and radiator.
Bedroom Two - 3.73m x 2.39m (12'3" x 7'10") - A second spacious bedroom having a built-in wardrobe, rear facing UPVC double glazed window.
Bathroom - 2.72m x 1.83m (8'11" x 6') - Fitted with a newly installed three-piece white bathroom suite, comprising a 'P' shaped bath with enlarged showering area, matching curved screen and mains chrome shower, wash basin and low-level WC, tiled walls, UPVC double glazed window, built-in cupboard housing a combination boiler, radiator.
Outside - Ample street parking to the front. To the rear there is a long rear garden enclosed by fencing and brick wall with gated front access and store shed.
Council Tax Band A - Please Note - Tenants are required to pay to the first months rent and deposit, the deposit being equivalent to 5 weeks rent or less, prior to a tenancy commencing.
A holding deposit equivalent to 1 weeks rent or less will be required on making an application for the property, this amount will be deducted from the total required.
The holding deposit will be retained by the landlord/letting agent if false or misleading information is provided which affects a decision to let the property and calls into question your suitability as a tenant While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) MONEY LAUNDERING REGULATIONS prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 10 Pear Tree StreetDerby
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