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See how verdicts work3-bedroom terraced house · DE24 0TR
For saleReduced £10k (−7.1%) on 26 OctListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-proportioned three-bedroom terraced home is situated on Manifold Drive in Alvaston, offering a fantastic opportunity for first-time buyers and those looking to step onto the property ladder through shared ownership.
The property is offered for sale with no upward chain, allowing for a smooth and straightforward purchase.
Internally, the accommodation comprises in brief: an entrance leading into a comfortable lounge, providing a welcoming space to relax.
To the rear, there is a kitchen diner offering ample room for both cooking and dining, making it a practical and sociable area for everyday living.
To the first floor, the property offers three bedrooms, providing flexible accommodation for families, guests, or those working from home. A family bathroom completes the first-floor layout.
Externally, the property benefits from a low-maintenance setting, ideal for buyers seeking convenience and ease of upkeep.
The property is available on a 50% shared ownership basis, with the option to staircase to a higher ownership percentage, including full ownership, subject to the relevant process.
This makes it an accessible and flexible option for a range of buyers.
Alvaston is a popular residential area offering a variety of local amenities, including shops, schools, and transport links, providing easy access to Derby city centre and surrounding areas.
Please note: Buyers are advised that the services, systems, and appliances at the property have not been tested.
Lounge 13'8" x 12'11" (4.18m x 3.95m) Accessed via the double-glazed front entrance door, having stairs leading to the first floor, double glazed bay window to the front elevation and two radiators.
Kitchen 13'9" x 7'10" (4.20m x 2.41m) Having a range of wall and base units with worktop, with an inset sink, integrated oven, integrated hob, a double glazed window to the rear elevation, double glazed door to the rear elevation and a boiler.
Landing Having doors leading to: Bedroom Three 7'2" x 8'6" (2.19m x 2.61m) Having a double glazed window.
Bedroom Two 11'6" x 6'3" (3.51m x 1.92m) Having a double glazed window to the front elevation and a radiator Bedroom One 7'11" x 9'4" (2.43m x 2.87m) Having a double glazed window to the rear elevation and a radiator.
Bathroom 5'4" x 5'9" (1.65m x 1.76m) Having a WC, wash hand basin, bath with overhanging shower, double glazed window to the rear elevation.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
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FAQ
About Manifold Drive, Alvaston
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