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 work4-bedroom terraced house · DE1 1NZ
Listing removedListed 297 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Derby, a short distance from the vibrant shopping centre, this is a spacious terrace property which benefits from gas central heating and double glazing.
Directions - Leave Derby city centre along Beckett Street and turn right onto Macklin Street.
Turn left onto Gerard Street North where the property is situated on the right hand side clearly identified by our "For Sale" board.
The property requires a programme of general modernisation and improvement and in brief comprises an entrance hall with staircase leading to the first floor with understairs storage and access to the cellar, lounge, dining room and kitchen with access to the rear.
To the first floor are two good sized bedrooms and a bathroom with separate toilet. A further staircase leads to two additional attic rooms. Outside the property benefits from a garden to the rear.
Gerard Street North is a much sought after residential location in the heart of the city and is a short walk from the vibrant city centre with its wealth of bars, restaurants and the Derbion shopping centre.
The property is perfectly placed for ease of access to local parks and riverside walks as well as being within easy reach of the ring road giving onward travel to the A50, A52 and M1 corridor.
This property does require upgrading and improvement and its full potential can only be appreciated via inspection.
Accommodation - Entering the property through double glazed door into: Entrance Hall - With staircase leading to the first floor, understairs storage and access to the cellar.
Lounge - 4.27m x 3.91m (14' x 12'10") - With double glazed window to the front elevation, feature fireplace with gas fire, moulded coving to the ceiling and radiator.
Dining Room - 3.51m x 4.90m (11'6" x 16'1") - (Measurement taken to the centre of the bay window) With bay window overlooking the rear garden, feature fireplace with gas fire and radiator.
Kitchen - 3.15m x 2.08m (10'4" x 6'10") - With a range of work surface/preparation areas, wall and base cupboards and space for a freestanding cooking range.
The kitchen has a sink unit with drainer beside a double glazed window overlooking the rear elevation and there is appliance space and double glazed door leading to the rear elevation.
First Floor - Landing - With a further staircase leading to the attic rooms as well as a double glazed window overlooking the front elevation and radiator.
Front Bedroom One - 4.24m x 3.89m (13'11" x 12'9") - With double glazed window to the front elevation, decorative fireplace and radiator.
Bedroom Two - 4.29m x 3.53m (14'1" x 11'7") - With double glazed window to the rear elevation, open shelving and radiator.
Bathroom - 2.08m x 2.31m (6'10" x 7'7") - With wash hand basin with cupboard beneath, bath with shower over the bath, frosted double glazed window and cupboard with boiler providing domestic hot water and central heating.
Separate Toilet - With WC. Second Floor - Landing - With glazed access to loft. Rear Bedroom Three - 3.12m x 3.18m (10'3" x 10'5") - With Velux style window, cupboard and radiator.
Bedroom Four - 3.07m x 3.51m (10'1" x 11'6") - With Velux style window, cupboard and radiator. Storage Space - Walk in storage cupboard with under eve storage.
Outside - Outside the property benefits from a garden area to the rear. Please Note - Prospective purchasers should note that this property requires a full programme of modernisation and improvement.
In addition, the property and others in the immediate vicinity have undergone professional treatment for Japanese knotweed. While treatments have been completed, monitoring is ongoing.
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
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 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 10 Gerard Street NorthDerby
Explore nearby