3-bedroom semi-detached house · DE1 2RJ
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discount Market Rent 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. For busy parents craving peace and privacy, look forward to relaxing in your top floor master suite.
Not only will you have an en-suite shower and separate dressing room but also a generous outdoor terrace overlooking the garden to unwind al fresco.
Carefully designed to be energy-efficient, you'll be saving money on bills plus, because everything's right on your doorstep, you can cut down on short car journeys.
Within a maximum ten-minute walk, you'll be at Derbion shopping centre and its 150 brands, the train station and its connections across the region, or the River Derwent and its peaceful walkways.
There's an outdoor swimming pool and spa retreat at the nearby gym to keep your body and mind happy.
Or pack your hiking gear and reach the southern edge of the Peak District National Park in just half an hour.
Our resident services team is on hand to provide support, share local knowledge and help you feel at home from day one. Take out a flexible, professional tenancy and look forward to your new chapter.
A snapshot of your new home: Type: 3 bed Westley DMR house Location: Castleward, Derby Energy-efficient: EPC rating B Your new home has: Spacious lounge for family gaming nights or inviting friends round for drinks Stylish dining kitchen with reliable integrated appliances to bring everyone together at mealtimes Double doors to your private garden for hosting BBQs or setting up a swing for the kids Welcoming hallway with space to keep shoes and the vacuum cleaner out of sight Luxurious master suite to the top floor with en-suite shower, dressing room and spacious private terrace for morning coffee or yoga al fresco Second double bedroom for kids to make their own Single bedroom for the smallest member of the family, guests or private office set-up Contemporary bathroom with overhead shower to match everyone's mood Downstairs WC to wave goodbye to queues on the landing 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 for a friendly face 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.
Nil Deposit option available This home is available with flatfair's Nil Deposit solution. Skip the traditional tenancy deposit and pay a one-off check-in fee equal to 28% of one month's rent (+VAT).
It's a simple upfront alternative that can help reduce moving costs. Please note this fee is non-refundable and cannot be used to cover any future damages. Who's my landlord?
Renting with Placefirst means stability, service and no surprises. Our homes come with rolling tenancies, giving you the flexibility to rent for as long as you need.
We're a pet-friendly landlord with a dedicated resident services team, access to in-house maintenance support and emergency assistance when required.
One thing to bear in mind: images are representative of the quality and finish of our homes. We recommend arranging a viewing to see the exact property type and layout available.
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 advisors 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
About Canal Street, Derby, Derby City
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