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See how verdicts work3-bedroom house · DE73 8GJ
For saleListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Spacious Victorian three bed period cottage in the heart of Melbourne with a top floor dual aspect 21 feet room ideal for either a master bedroom or a perfect home office.
Also including a large useful cellar the property is very adaptable to ideas on how to configure each floor.
Description A surprisingly spacious three bedroom mid terraced Victorian period cottage in the heart of Melbourne with an astonishingly long top floor dual aspect 21 feet room ideal for either a master bedroom or a perfect home office.
Also including a large useful cellar the property is very adaptable to ideas on how to configure each floor.
The property is a three bedroom three-storey home on the High Street comprising: - to the ground floor a beamed open-plan living room or dining room leading into a kitchen with handmade units, integrated electric oven, gas hob and an integrated dishwasher.
The first floor has a good sized lounge or bedroom two with a further bedroom and a modern three piece family bathroom.
On the top floor there is a spacious master bedroom/home office measuring 21ft in length. Outside is an enclosed courtyard area ideal for entertaining. Offered with no upward chain.
Local Area Melbourne itself is one of the most sought after locations within South Derbyshire, enjoying a particularly high standard of amenities and leisure facilities including pubs, restaurants, boutique shops, Post Office and doctors surgery.
The A50 and M1 are readily accessible for the commuter, as is East Midland airport and Parkway railway station which offers a very regular service to London St Pancras.
Entrance Via a timber front door leading to: - Open Plan Dining Kitchen With its original beams, the 22ft ground floor provides a comfortable living area leading on to a superb kitchen Dining Area Having recessed storage shelving illuminated with downlighters.
Having a diamond leaded glazed window to the front elevation and a charming small leaded window to the staircase.
The oak floor leads to: - Kitchen Area Having stone tiled flooring, painted white beams to the ceiling, hand painted custom finished matching base and wall units with roll-edge worktops, an inset Belfast sink with mixer taps, tiled splashbacks, an inset cda five ring gas burner, integrated stainless steel electric oven and dishwasher as well as overhead extractor chimney with spotlights and downlights.
Window to the rear elevation giving aspect over the courtyard. Timber stable door with glazed panel giving access to the courtyard garden.
Oak door leads to:- Cellar/Utility Room Accessed via stairs from the kitchen having timber clad walls, beamed ceilings, fitted cupboards, a fitted work surface and plumbing for a washing machine.
This room could offer extra storage space, a laundry area or even a gym.
First Floor Accommodation Landing Having two windows at the top of the stairs overlooking the courtyard, leading to the family bathroom and two bedrooms.
Bedroom Two/Lounge Spacious room having a period cast iron fireplace with a decorative wood surround.
There is a central heating radiator, TV aerial point, coving to the ceiling and a large UPVC double glazed window to the front elevation.
Bedroom Three Spacious bedroom with diamond leaded window to the front elevation, central heating radiator, telephone point.
Bathroom Having a three piece white suite comprising panelled bath with electric shower over, shower screen, spacious wash basin inset into a large wooden vanity unit with matching mirrored storage above, chrome heated towel rail, low level wc and opaque glazed window to the rear elevation.
Second Floor Accommodation Master Bedroom/Home Office 21 feet long, having three wall lights and two attractive overhead feature lights, TV aerial point, recessed storage shelving and a large airing cupboard with useful shelving storage housing the hot water cylinder and boiler providing domestic hot water and central heating.
Further storage is provided in the loft which is accessed through a hatch with a fixed retractable ladder. Single glazed diamond leaded windows to the front and the rear elevations.
Outside To the rear is a paved courtyard garden area belonging to the property. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 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
Agent & docs
FAQ
About 12, High Street, Derby
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