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 work3-bedroom house · DE22 3XW
Sold STCListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented three bedroom end of terrace house available with either vacant possession or tenants in situ, making it an excellent opportunity for first-time buyers, families and investors alike.
The property benefits from uPVC double glazing, gas central heating, an enclosed rear garden and off-road parking.
The accommodation begins with a welcoming entrance hallway providing access to the ground floor accommodation.
The fitted kitchen offers a range of wall and base units with space for appliances, while the spacious living room enjoys French doors opening onto the rear garden, creating an ideal space for both everyday living and entertaining.
Completing the ground floor is a convenient downstairs WC. To the first floor are three well-proportioned bedrooms together with the family bathroom, fitted with a three-piece suite.
Outside, the property benefits from off-road parking to the front.
The enclosed rear garden is mainly laid to lawn with a patio seating area and gated side access, providing an ideal outdoor space to enjoy throughout the year.
Spey Drive is ideally situated close to a range of local shops and amenities, with Kingsway Retail Park just a short drive away offering an excellent selection of retail and leisure facilities.
The property is also conveniently positioned for the Royal Derby Hospital, Derby City Centre and excellent road links including the A38 and A52, making it an ideal location for commuters.
Ground Floor Hallway Welcoming entrance hallway with composite front door, central heating radiator, useful understairs storage cupboard and stairs rising to the first floor.
Kitchen (3.43m x 2.67m) Fitted with a range of wall and base units incorporating a stainless steel sink and drainer, integrated oven with hob and extractor fan, uPVC double glazed window to the front and central heating radiator.
Downstairs WC Fitted with a two-piece suite comprising a low-level WC and wash hand basin, with central heating radiator.
Living Room (4.78m x 3.4m) Spacious living room with central heating radiator and uPVC double glazed French doors opening onto the rear garden.
First Floor Bedroom One (3.53m x 3.1m) Double bedroom with uPVC double glazed window, central heating radiator, fitted wardrobes and access to the en-suite shower room.
En-Suite (1.75m x 1.6m) Fitted with a three-piece suite comprising a walk-in shower, wash hand basin and low-level WC, with central heating radiator.
Bedroom Two (3.3m x 2.18m) Double bedroom with uPVC double glazed window and central heating radiator.
Bedroom Three (2.54m x 2.36m) Bedroom with uPVC double glazed window and central heating radiator.
Bathroom (2.03m x 1.7m) Fitted with a three-piece suite in white comprising a panelled bath, wash hand basin and low-level WC, with central heating radiator.
Outside To the front of the property is a driveway providing off-road parking. The enclosed rear garden features a patio seating area, lawn and gated side access leading to the front of the property.
Agents Note Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
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 5, Spey Drive, Derbyshire
Explore nearby