3-bedroom house · DE22 3AN
For saleReduced £5k (−3.3%) on 5 AugListed 104 days
Opportunity summary
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About
Summary No Onward Chain - a well presented and recently modernised, two bedroom period terraced home in the heart of Derby City Centre.
Description Ashley Adams are delighted to bring to market this recently modernised, spacious, two bedroom period home just a few minutes from Markeaton Park and Derby University Campus.
The accommodation in brief comprises of; entrance hall, lounge, dining room, kitchen, two double bedrooms, bathroom and rear garden.
Ideally positioned within easy reach of Derby city centre, this property presents an excellent investment opportunity in an area that continues to benefit from strong rental demand.
Offering well-proportioned accommodation and convenient access to major employers, universities, public transport links, and a wealth of local amenities, the property is well suited to both professional tenants and students alike.
Its central location makes it an attractive option for investors seeking a property with broad letting appeal and the potential for consistent occupancy.
The surrounding area benefits from ongoing regeneration and excellent connectivity, with straightforward access to Derby Railway Station, Pride Park, and key road networks.
Whether you're looking to expand an existing portfolio or acquire a first investment property, this home offers a compelling combination of location, practicality, and investment potential.
With demand for quality rental accommodation remaining strong across the city, this is an opportunity not to be missed.
Entrance Hall Having internal doors to lounge and dining room and stairs rising to the first floor. Double glazed UPVC door to the front elevation.
Lounge Double glazed UPVC window to the front elevation. Radiator. Dining Room Archway through to the kitchen. Double glazed UPVC window to the rear elevation. Radiator.
Kitchen Having a range of wall and base units with countertops over and space and plumbing for all white goods. Double glazed UPVC window to the rear elevation and door to the garden.
Bedroom One Double glazed UPVC window to the front elevation. Radiator. Bedroom Two Double glazed UPVC window to the rear elevation. Radiator.
Bathroom Having three piece suite to include bath with shower over, W.C. And hand basin. Double glazed UPVC window with privacy glass to the rear elevation. Radiator.
Outside There is a low maintenance garden with patio area and retaining brick walls. The property sits within a permit parking area. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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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 advisors 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
FAQ
About 4, Merchant Street, Derby
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