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 work2-bedroom semi-detached house · DE72 3AP
For saleListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £230,000 - £240,000 no upward chain... This two-bedroom semi-detached house presents an excellent opportunity for buyers seeking a property with potential in a convenient location.
Ideal for those looking to put their own stamp on a home, the property is offered with no upward chain and boasts excellent transport links, making it a practical choice for commuters and families alike.
Upon entering, you are welcomed into a bright and airy living room, providing a comfortable space for relaxation and entertaining.
The fitted kitchen features ample cabinetry and worktop space, offering scope for customisation to suit your taste.
The ground floor is further enhanced by a modern three-piece bathroom suite, while the first floor hosts two generously sized double bedrooms.
A convenient first floor W/C adds to the functionality of the layout, ensuring comfort and ease for every-day living.
With its versatile interior and well-proportioned rooms, this property offers a fantastic blank canvas to create a stylish and inviting home.
The outdoor space further enhances the appeal of this residence.
To the front, a neat garden is adorned with a variety of established plants, creating an attractive approach and offering a sense of privacy.
Gated side access leads to the spacious rear garden, where you will find a generous lawn bordered by mature planting, perfect for children to play or for keen gardeners to cultivate.
A patio area provides the ideal setting for alfresco dining or relaxing in the sun, while two useful storage sheds offer practical solutions for outdoor equipment and tools.
The entire garden is enclosed by privet hedging and panelled fencing, ensuring a secure environment for both relaxation and entertaining.
Must be viewed Entrance Hall (2.24m x 0.87m) The UPVC door opens into a tiled entrance hall, and provides access to the accommodation.
Living Room (4.59m x 3.75m) The living room features a UPVC double glazed window to the front elevation, a radiator, a stone-effect feature fireplace with surround, decorative coving to the ceiling, and carpeted flooring.
Hall (0.75m x 0.88m) The hallway has carpeted flooring and a radiator.
Kitchen (3.00m x 3.69m) The kitchen is well appointed with a range of fitted base and wall units complemented by coordinating work surfaces, incorporating a one-and-a-half bowl sink with a mixer tap and drainer.
Integrated appliances include a fan oven, gas hob with an extractor hood above, together with an integrated fridge freezer.
The washing machine and dishwasher, both less than four years old, are available to be included in the sale.
Additional features include tiled splashbacks, vinyl flooring, a radiator, and a UPVC double glazed window overlooking the rear elevation.
Rear Porch (1.46m x 1.13m) The rear porch features vinyl flooring, a power point and space for another appliance such as a tumble drier or additional fridge or freezer, and a UPVC door providing access to the rear garden.
Bathroom (1.46m x 3.08m) The bathroom is fitted with a low level flush W/C, a pedestal wash hand basin, and a panelled bath with a wall-mounted electric shower.
Additional features include a UPVC obscured double glazed window with white roller blind, an extractor fan, a radiator, partially tiled walls, and vinyl flooring.
Landing (0.88m x 0.86m) The first floor landing features carpeted flooring, a UPVC double glazed window to the side elevation with roman blind, and provides access to the first floor accommodation.
Master Bedroom (4.57m x 3.73m) The main bedroom features a UPVC double glazed window to the front elevation with custom made roman blind, a radiator, a built-in storage cupboard, and carpeted flooring.
Bedroom Two (3.03m x 3.72m) The second bedroom features a UPVC double glazed window to the rear elevation with custom made roman blind, a radiator, a TV point, carpeted flooring, and provides access to the adjoining W/C.
W/C (1.67m x 0.80m) This space is fitted with a low level flush W/C, a wall-mounted wash hand basin, and vinyl flooring.
Additional Information Broadband Speed - Ultrafast 1800 - 220 Mpbs | Phone Signal – Mostly Good 4G / 5G coverage | Electricity – Mains Supply | Water – Mains Supply | Heating – Gas Central Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - No | Construction – Brick Built | Accessibility – No | Other Material / Safety Issues – No known safety issues have been disclosed by the seller.
| Any Legal Restrictions – No | Council Tax Band Rating - Erewash Borough Council - Band B | Tenure: Freehold | Disclaimer Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement.
Front Garden To the front of the property is a small garden with a variety of established plants and gated side access leading to the rear garden.
Rear Garden To the rear of the property is a spacious garden featuring a patio area, a lawn, a planted border, two useful storage sheds, and a privet hedging and panelled fencing boundary, providing a pleasant outdoor space for relaxing and entertaining.
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
.png)
FAQ
About 40 Richmond Avenue, Derby
Explore nearby