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See how verdicts work3-bedroom terraced house · DE22 3ES
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EXTENDED TERRACED HOME - IDEAL FIRST TIME BUY OR INVESTMENT - A traditional three/four-bedroom mid-terraced property, situated in this ever-popular location just off Slack Lane.
Offering excellent potential as a multi-room investment, the property provides up to four lettable bedrooms and is ideally positioned within a highly sought-after rental area, conveniently located close to several University of Derby sites, the Royal Derby Hospital and Derby City centre.
The property benefits from gas central heating and double glazing throughout, and briefly comprises a reception room/ground floor bedroom, living room, fitted kitchen, rear hallway and ground floor bathroom.
To the first floor, the landing leads to two double bedrooms and a further single bedroom. Outside, there is an enclosed rear garden with a patio area and a good-sized timber-framed shed/store.
The accommodation is entered through a double glazed entrance door into a ground floor bedroom/dining room.
This is currently used as Bedroom One, together with a spacious living room, a fitted kitchen and a ground floor bathroom.
The living room features stairs rising to the first floor and an open archway leading into the kitchen.
The kitchen is fitted with a range of matching wall and base units with complementary work surfaces, an inset sink unit and a double glazed window to the side elevation, with access through to the bathroom.
The bathroom comprises a low-level WC, wash hand basin and panelled bath with shower over, complemented by a heated towel rail and an obscure UPVC double glazed window to the rear.
To the first floor, the landing leads to three further bedrooms.
The second bedroom is a generous double bedroom and overlooks the front of the property, while the third bedroom benefits from fitted wardrobes and useful over-stairs storage, and provides loft access.
The fourth bedroom is positioned to the rear and provides a comfortable single room, ideal for continued rental use.
Externally, the property has an enclosed rear garden designed for low maintenance, with access to a good sized timber shed/store.
The property offers four lettable rooms and is currently let to three tenants,. The current weekly rents are £95, £90 and £75 per person.
Further tenancy and rental information is available upon request.
Early viewing is highly recommended to fully appreciate the accommodation, convenient location and excellent investment potential on offer.
The Location - Howe Street enjoys a highly convenient setting just off Ashbourne Road, moments from Derby City Centre.
The location offers easy access to the University of Derby, making it particularly appealing to professionals, students and investors alike.
Local amenities are plentiful, with independent cafés, supermarkets, and everyday conveniences all close by.
Residents enjoy a rich mix of nearby attractions such as the popular Markeaton Park, offering open green spaces, walking trails, park runs and a range of recreational facilities.
The property is also within easy reach of Friar Gate, known for its excellent choice of restaurants, lively bars and relaxed dining venues.
This prime position combines the energy of city living with a comfortable, community feel—ideal for those seeking accessibility without compromise.
Aml Verification - In accordance with UK Anti-Money Laundering Regulations, all buyers will be required to complete an identity verification check when an offer is accepted.
A fee of £25 + VAT per purchaser is payable.
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 Howe Street, Off Slack Lane, Derby
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