2-bedroom house · DE23 1HF
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Upon entering the property, you are welcomed into a large and spacious entrance hallway, featuring an attractive electric fireplace with decorative surround.
To the left is the fitted kitchen, offering wood-effect preparation work surfaces, white base units, an integrated dishwasher, electric oven, and extractor hood.
Off the kitchen is a useful pantry area providing additional storage, shelving, a bench seating area, plumbing for appliances, and space for a freestanding fridge freezer.
French doors lead directly onto the rear garden, allowing plenty of natural light and easy access to the outdoor space.
To the right of the hallway is the spacious living room, complete with a feature electric fireplace and surround.
Also accessed from the hallway is a further reception room, ideal as a home office, study, reading room, or hobby space.
The first floor comprises two generous double bedrooms and a modern family bathroom fitted with a contemporary suite and shower over the bath.
Externally, the property benefits from a private rear garden with a pond and established shrubs.
To the front pebbled garden with mature planting and three external storage sheds/outbuildings, one of which has previously been fitted out as a home office, offering excellent flexibility for those working from home.
Early viewing is highly recommended to appreciate the space, plot size and versatility this home has to offer.
Video tour available Council Tax Band: C Holding Deposit: £253.00 Charming 2 bedroom cottage Spacious entrance hallway Two large double bedrooms Living room with feature electric fireplace Modern fitted kitchen with integrated dishwasher Additional reception room/study Pantry with utility space and additional storage Three external storage sheds/outbuildings Ample external storage Parking for 2 cars
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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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 338, Derby
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