2-bedroom semi-detached house · DE56 1RQ
Listing removedListed 83 days · slow let
Opportunity summary
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About
This is a modern end town house situated in the much sought after and desirable area of Belper.
The property is conveniently situated for the local amenities and major road links to the M1 and A38 making the area ideal for comuting. There is also a midland mainline railway link.
The property has the benefit of gas central heating and double glazing.
Internally; the property has an Entrance Hallway, Lounge and Dining Kitchen fitted with an extensive range of modern shaker style wall and base units with built in oven and hob, space for fridge/freezer and plumbing for an automatic washing machine.
On the first floor there are two Bedrooms and Bathroom fitted with a modern white three piece suite.
Externally; the property benefits from having ample off road parking and an enclosed rear garden designed for ease of maintenance As Agents we would strongly advise an early inspection to avoid disappointment.
Available from 12th of September subject to satisfactory referencing and conditions The property is offered on an Assured Periodic Tenancy.
Holding deposit: Equal to one weeks rent of £219.00 This will be withheld if any relevant person, including any guarantor, withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement and / or Deed of Guarantee within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing.
Security Deposit: £1095.00 Equal to Five weeks rent of this covers damage or defaults on the part of the tenant during the tenancy.
The deposit will be registered with The Deposit Protection Service (DPS) Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s): Tenants are liable to the cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord and any other persons requiring keys will be charged to the tenant.
Variation of Contract (Tenants Request): £50 (inc VAT) per agreed variation.
To cover the costs associated with taking landlords instructions as well as the preparation and execution of new legal documents.
Derbyshire Properties Estate Agents Limited are members of Client Money Protect Limited Membership no.CMP004627 and The Property Ombudsman Membership no.D11026.
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
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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 Mulberry Close, Belper, Derbyshire, DE56
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