2-bedroom terraced house · DE22 3DZ
For saleListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arguably one of the best examples of its type in the area.
This quite superb two double bedroom terraced home is ready for occupation, having been thoughtfully refurbished throughout to provide comfortable high specification accommodation which will appeal to be the first time buyer or investor.
Situated in this popular locality close to the city centre and University of Derby, the property is sold with IMMEDIATE VACANT POSSESSION AND NO UPWARD CHAIN. The property is sold freehold.
Council tax band A. Energy rating D.
Sitting Room - 3.41 x 3.35 (11'2" x 10'11") - UPVC double glazed door and window, feature fire surround with electric fire, radiator, Tv connection point laminate floor.
Inner Lobby - Door to cellarage. Dining Kitchen - Dining Room - 3.77 x 3.34 (12'4" x 10'11") - Laminate floor, radiator, UPVC double glazed window, staircase to first floor.
Kitchen - 3.92 x 1.83 (12'10" x 6'0") - Having a range of shaker style wall and base units, inset black glass hob with oven and grill, canopy extractor hood, space and plumbing for automatic washing machine, UPVC double glazed window and door to garden.
First Floor - Passaged Landing - With LED downlighters and radiator. Principle Bedroom - 3.42 x 3.36 (11'2" x 11'0") - With free standing wardrobe, radiator and UPVC double glazed window.
Bedroom Two - 3.77 x 2.42 (12'4" x 7'11") - With recessed wardrobe, radiator and UPVC double glazed window.
Bathroom - 2.72 x 1.84 (8'11" x 6'0") - Having modern white three piece suite with electric shower over the bath, airing cupboard (housing the boiler), radiator and UPVC double glazed window.
Outside - Paved and enclosed rear garden with gated rear access.
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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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 Slack Lane, Derby
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