2-bedroom house · DE3 0DT
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OUTLOOK OVER BEAUTIFUL GREEN - An extended modern two bedroom end townhouse, occupying this delightful south facing plot overlooking a central green in this highly sought after position on the edge of Mickleover.
This property requires some cosmetic updating but offers exciting potential and would be ideally suited to the first time buyer, person looking to downsize or investor.
This property offers a most convenient position on the edge of Mickleover within easy access of an excellent range of local amenities in the village centre and offering easy access to employment opportunities at the Royal Derby Hospital, Rolls-Royce and Toyota.
The property features a layout that in brief comprises: entrance hallway, cloakroom wc, kitchen, living room and garden room.
Upstairs the first floor offers two well proportioned bedrooms and bathroom. Outside the property has two car parking spaces to the front.
There is a south facing garden to the rear with paved patio seating area, area laid to lawn and a fence panelled boundary.
The Detail - The property is entered via a composite panelled door into a welcoming hallway with wood-effect laminate flooring, providing access to the ground floor accommodation and useful under-stairs storage, downstairs wc, kitchen and the living room.
The kitchen is positioned to the front, fitted with maple effect panelled units, work surfaces, integrated hob with extractor, and ceramic tiled flooring and splashbacks.
To the rear, the well proportioned living room opens through double glazed doors into a garden room with wood flooring with ornamental timber fireplace and uPVC French doors lead directly onto the garden.
The first floor offers two bedrooms, including a generous primary room at the front of the property. This has mirrored fitted wardrobes and open views across green space.
The bathroom is fitted with a white three-piece suite, electric shower over the bath, recessed lighting, and an obscure-glazed window.
Externally, the property benefits from a double-width driveway and a fully enclosed south facing rear garden with patio, lawn and fence panelled boundary.
The Location - Mickleover is an extremely popular residential suburb of Derby approximately 4 miles from the city centre providing a first class range of local amenities including a supermarket, a range of shops, doctors and dentists.
Local shops include a large Tesco supermarket and a Marks & Spencers convenience store and petrol station.
There are also several public houses within the centre of Mickleover Village and a recent addition is the Binary Bar and Restaurant.
Leisure facilities include Mickleover Golf Course, walks in nearby open countryside and access to the local cycle network.
Excellent transport links are close by including easy access to the A38 and A50 trunk roads and the M1 motorway.
There are good schools at primary and secondary level, this property falls within the catchment area for the noted John Port School and Sixth Form Centre, private education is also available at Derby High School and Derby Grammar School.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About Wilson Close, Mickleover, Derby
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