2-bedroom house · DE1 1EL
No longer listedListed 59 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Zero Deposit Guarantee Available** Holding Deposit: 288.00 summary Available Now | Stunning New Homes | Award Winning Management | Resident Events | Super-Fast Wi-Fi Included | Communal Garden | Driveway| Bluetooth Keys & Fobs | Reposit Available description An excellent opportunity to rent this stunning brand new two-bedroom home, located within the highly sought-after Friar Gate Goods Yard development and offering modern living in one of Derby's newest and most exciting residential communities.
Designed exclusively for renters, residents can enjoy a range of benefits that make everyday living more convenient and enjoyable: • Professionally managed homes • Superfast 150Mb Wi-Fi included • Reposit deposit-free option available • Resident app • Pet-friendly development • Energy-efficient homes • Smart lock entry • Well-maintained communal green spaces • Communal garden and resident parking Finished to an excellent standard throughout, the accommodation comprises an entrance hallway, a contemporary fitted kitchen, a spacious living area, a convenient downstairs WC, two well-sized bedrooms and a stylish family bathroom.
The development has been thoughtfully planned to create an attractive and welcoming environment, with landscaped communal areas providing attractive outdoor space for residents to enjoy.
An ideal home for professionals, couples and small families alike, the property offers a fantastic balance of comfort, practicality and modern design.
Conveniently positioned within easy reach of Derby city centre, Derby Railway Station, Royal Derby Hospital and the A38, the location is perfectly suited for commuters and those looking to be close to a wide range of amenities.
Offered unfurnished and available for immediate occupation, this exceptional home presents a rare opportunity to be among the first residents of this landmark new development.
Early viewing is highly recommended. While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) money laundering regulations – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property in respect of things such as furnishings to be included/excluded and what facilities are/are not available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 29, Foundry Avenue, DERBY
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