5-bedroom terraced house · DE23 6LN
Sold STCListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Asset Brokers are delighted present this fantastic 5 bed 4 bathroom HMO on Clarence Road, Derby.
Offering a great income of £20,880 PA & fully managed by a local and reputable agent this is a fantastic turnkey investment for a first time investor or an experienced investor looking to add to their portfolio.
The property was taken back to brick just shy of 5 years ago but has been very well maintained by the current managing agent and is in a great condition.
The property is currently fully tenanted and has experienced little void periods in the time it has been operating.
Located on Clarence Road, the property is close to all local amenities and is not a far walk from Normanton Park.
Derby Town centre is only 1.5 miles form the property and also Derby Hospital is only 1.6 miles away. An excellent first time investment opportunity or addition to a growing portfolio.
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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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.
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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 Clarence Road, Derby, Derbyshire
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