1-bedroom house · DE3 9GT
Let agreedListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3038633. Two delightful rooms available in modern spacious bungalow. Located at the bottom of a large garden it is a haven of peace and quiet.
Ideal location for nhs professionals working at Derby Royal, Rolls Royce and Toyota Graduates new to the area. Ideal if you are looking for something a calmer and quieter than a busy HMO.
10 minute walk to Derby Royal and short walk to Mickleover village. The area is well served with Pubs/restaurants, Tescos, Butchers, bakery and much more.
Further afield you can enjoy walks along the Great Northern Greenway Bridleway and numerous countryside walks through quaint villages. Rooms are available on a single occupancy basis only.
Single occupancy of annex may be possible (Please enquire about price) Please note the 2 rooms are located in separate annex from main house where home owners live and rooms are available on a Lodger agreement basis Summary & Exclusions: - Rent Amount: 2 rooms available, from £710.00 each per month (£163.85 per week) - Deposit / Bond: From £491.53 per room - 2 Bedroom Property (2 rooms currently available for rent) - 1 Bathrooms - Property comes furnished - Available to move in from 03 October 2026 - Live-In Landlord - Minimum tenancy term is 2 months - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills Included - Property has parking - Property has garden access - EPC Rating: EPC Not Required (Shared Accommodation) If calling, please quote reference: 3038633 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
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When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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 Western Road, Mickleover, Derby
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