2-bedroom house · DE55 4JX
Listing removedListed 70 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Coming Soon*** Modern Mid Terraced Property Undergoing Light Refurbishment Throughout Step into a home where comfort and practicality meet, nestled in the heart of Somercotes, Derbyshire.
This charming two-bedroom mid-terraced property is currently undergoing a thoughtful refurbishment, ensuring it will be fresh and welcoming for its new tenants.
It's a space designed to work hard during the week and welcome you home at the weekend, offering a seamless blend of modern living and everyday ease.
The heart of this home is its spacious, open-plan living and kitchen area. Imagine new floorings underfoot, creating a bright and airy atmosphere perfect for both relaxing and entertaining.
The kitchen zone is well-appointed with a hob and oven, making meal preparation a breeze, and features patio doors that open directly onto the rear garden, inviting natural light and fresh air indoors.
Upstairs, you will find two comfortable double bedrooms, providing ample space for rest and personal retreat.
The bathroom is fitted with a shower over the bath, catering to both quick morning routines and relaxing evening soaks.
Outside, the enclosed rear garden offers a private oasis with a patio area, ideal for enjoying a morning coffee or unwinding after a long day.
This property is offered to let unfurnished, providing you with a blank canvas to make it truly your own. We are seeking an ideal long-term tenancy, offering stability and peace of mind.
Please note, we are unable to accommodate pets at this property.
With a Council Tax Band A, this home presents an attractive and affordable opportunity for those looking to settle in a well-connected yet quietly tucked away location.
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.
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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 379 Somercotes Hill, Somercotes, Derbyshire
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