We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DE23 8AQ
Listing removedListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Browning Street, this traditional two double bedroom mid-terrace property offers spacious and versatile accommodation arranged over two floors, together with a generous rear garden.
The property presents an excellent opportunity for first-time buyers or buy to let investors The property is accessed via a front entrance door leading into a welcoming entrance hallway, with stairs rising to the first floor and access to the principal ground floor rooms.
The reception room is positioned to the front of the property and benefits from good natural light.
This space has previously been divided into two separate rooms by way of a stud wall, creating flexible accommodation which could be retained as two individual reception areas, a lounge and dining room, or easily reinstated to a larger open through-lounge depending on a purchaser’s preference.
The Kitchen offers ample space for fitted units and appliances, along with access to the rear garden.
A useful ground floor shower room is also located to the rear, fitted with shower enclosure, wash hand basin and WC, providing practical convenience.
To the first floor, the landing provides access to two well-proportioned double bedrooms. Both rooms offer comfortable sleeping accommodation with space for wardrobes and additional furnishings.
Externally, the property benefits from a particularly generous rear garden, a notable feature for a property of this style.
The garden offers significant potential for landscaping, outdoor entertaining space, or possible extension (subject to the necessary planning permissions).
Browning Street is conveniently situated within close proximity to Derby city centre, providing easy access to a wide range of shops, supermarkets, cafes, restaurants and leisure facilities.
The area is popular with both homeowners and tenants due to its accessibility and established residential setting. **This property has been previously used as a Air B&B****
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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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 Browning Street, Derby, Derbyshire
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