2-bedroom terraced house · DE22 1GN
Sold STCListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no upward chain, this well maintained two double bedroom terraced property is situated in a sought after location, ideally placed for the University of Derby, schools, the city centre, local amenities and offering swift access to the A38.
The property would make an excellent purchase for a first time buyer, investor, families, single person or couple, with practical accommodation throughout and the added benefit of fibre to the property, making it well suited to those working from home.
The accommodation comprises two reception rooms, providing flexible living and dining space, together with a fitted kitchen to the rear.
Upstairs are two generously sized double bedrooms and a modern first floor bathroom, which was replaced in 2023.
Externally, the property benefits from a low maintenance enclosed rear garden with a useful outbuilding for additional storage.
Residents' on-street parking is available via a permit at a small annual cost.
The property has been well cared for and offers further peace of mind with a new boiler installed in 2022, complete with a guarantee until 2032.
The gas safety check and boiler service were most recently carried out in April 2026, while the Electrical Installation Condition Report (EICR) was completed in June 2026.
Combining a convenient location with well presented accommodation and a range of recent improvements, this is a property ready to move into or let out with minimal further work required.
Entering the property through a uPVC front door, you are welcomed into the sitting room, a well proportioned reception room featuring built-in cupboards and shelving, which also house the gas meter.
Character features include moulded cornicing, a decorative picture rail and ceiling rose. A doorway leads through to the dining room.
The dining room provides a versatile second reception space, ideal for dining or additional living accommodation, and benefits from a decorative picture rail.
From here, there is access to the kitchen, while the staircase rises to the first floor.
Positioned to the rear of the property, the kitchen is fitted with rolled edge work surfaces incorporating a stainless steel sink with drainer and chrome mixer tap, complemented by tiled splashbacks.
There is a range of base and wall mounted units, integrated fridge, separate integrated freezer, integrated electric oven and grill, four ring electric hob with extractor hood over, and space for additional appliances.
A uPVC door leads out to the enclosed rear garden. The first floor landing provides access to both double bedrooms and the bathroom.
Bedroom one is a spacious double room situated to the front of the property, while bedroom two is also a comfortable double and benefits from a useful overstairs storage cupboard.
Completing the accommodation is the modern bathroom, fitted with a white three-piece suite comprising a vanity wash hand basin with storage beneath, low level WC and a P-shaped bath with chrome mixer tap and mains-fed shower over.
The room also benefits from a chrome heated towel rail, electric extractor fan and the wall-mounted Vaillant combination boiler.
Outside, the low maintenance rear garden provides an ideal space to enjoy with minimal upkeep.
A useful brick-built outbuilding offers excellent additional storage and includes appliance space and plumbing for both a washing machine and separate tumble dryer.
To view this property, please contact John German Derby office. Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Please note: It is quite common for some properties to have a Ring doorbell and internal recording devices.
Property construction: Standard Parking: On-street residents permits available Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Gas (Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: See Ofcom link for speed: Mobile signal/coverage: See Ofcom link Local Authority/Tax Band: Derby City Council / Tax Band B Useful Websites: Our Ref: JGA/06072026 The property information provided by John German Estate Agents Ltd is based on enquiries made of the vendor and from information available in the public domain.
If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.
We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof / source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property.
We use the Checkboard app to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history.
With effect from 1st March 2025 a non-refundable compliance fee of £30.00 inc.
VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.
Value & comps
No previous sales on record.
Returns
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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.
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