4-bedroom detached house · DE1 2RJ
Let agreedListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Our Discounted Market Rent homes combine affordability with the same high-quality service, modern finishes, and lifestyle experience as our standard market apartments and homes.
You'll enjoy all the benefits of a Placefirst home, in a vibrant, welcoming community.
Be the first family to move into this brand-new 4 bed home in Castleward Place, Derby's exciting new residential development.
Carefully designed for comfort and convenience, you'll be moments from Derbion and its 150 brands for retail therapy and restaurant treats.
Just down the road, you'll find the community's outstanding new primary school plus nearby playgrounds for post-pick-up fun.
Your energy-efficient home is spacious and stylish with thoughtful touches to match modern life.
Think generous outdoor terrace for extra living space, en-suite to master, downstairs WC and stacks of storage.
Design detail even extends to the exterior with curved corners to your living room and two of the four bedrooms to reflect the local traditional architecture.
For commuters, Derby train station is a short walk away for journeys to Nottingham, Leicester and Birmingham, or hop in the car to reach the M1 that's just ten miles away.
Our resident services team is on hand to provide support, share local knowledge and help you feel at home from day one.
Available at a discounted market rent, enjoy the reassurance of a professional landlord committed to making renting straightforward. Take out a flexible tenancy and look forward to your new chapter.
A snapshot of your new home: Type: 4 bed Callix DMR house Location: Castleward, Derby Energy-efficient: EPC rating - B Your new home has: Generous lounge with bright dual-aspect windows for family movie nights or entertaining friends Stylish dining kitchen with integrated appliances for baking with the kids and sharing family mealtimes Dedicated utility room for separating life from laundry Double doors to your private garden for a quiet morning coffee or setting up a swing Welcoming hallway with large storage cupboard for hiding shoes, coats and the vacuum cleaner Large first-floor terrace overlooking the garden for al fresco eating and entertaining Master bedroom with en-suite shower for privacy and convenience Two further double bedrooms to create a spacious base for children Single fourth bedroom for the youngest member of the family, guests or handy WFH base Contemporary bathroom for singing in the shower or sinking into the tub Downstairs WC to wave goodbye to rush hour queues You'll also enjoy: Quick walking access to Derbion shopping centre and Derby train station Neighbouring green space alongside the River Derwent Dedicated resident services team on hand to support you Residents' app The reassurance of a professional landlord IMPORTANT - This home is offered as part of the Discounted Market Rent scheme on this development.
As such there is an eligibility criteria that must be met and is as follows: Who can apply for a Discounted Market Rent home?
Discounted Market Rent homes are available to help eligible households access a quality home at a reduced rent.
You may be eligible if you: Are a keyworker Already live in Derby Do not currently own your own home Have a household income within the required income range Not sure if you qualify?
We’re here to help. Our friendly lettings team can talk you through the criteria and check whether you may be eligible for a Discounted Market Rent home.
We’d encourage you to get in touch — it’s always worth having a conversation. And if you don’t meet the criteria for Discounted Market Rent, don’t worry!
We have a range of other homes available and our team will be happy to help you find a home that’s right for you.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
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