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See how verdicts work4-bedroom house · DE24 8NL
Listing removedListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal buy to let investment opportunity currently generating annual gross income of £19,800 which is an impressive 12% gross return on investment.
This semi detached house is let on a individual room basis, with four lettable bedrooms, kitchen diner, conservatory, driveway and enclosed garden, being sold with the tenants in situ or with vacant possession.
The property benefits from gas central heating and double glazing.
This perfect investment opportunity is located with good access to the city centre, Pride Park, Rolls Royce and with access to the ring road, A6 and A50.
To the ground floor there is an entrance porch, welcoming hallway, kitchen diner, handy cloakroom, lounge and bedroom one. To the first floor there is three bedrooms and a family bathroom.
To the front there is a driveway providing off street parking. To the rear there is an enclosed garden with a decked patio and lawn. Viewing is essential.
Ground Floor Entrance Porch Door from the side and door leading to the hallway.
Hallway Radiator, understairs storage cupboard, stairs to the first floor, doors to the cloakroom, bedroom one and kitchen diner. Bedroom One (4.27m x 3.45m) UPVC double glazed window to the front.
Radiator, feature fireplace with a modern feature surround, coving. Kitchen Diner (4.27m x 2.77m) Matching wall and base units, roll edge work surface with a one and half sink drainer with mixer tap.
Integral electric oven, gas hob and extractor over. Integral dishwasher, space for a fridge, space for a freezer and space for a washing machine. Radiator and wall mounted boiler.
UPVC double glazed window and door to the lounge. Lounge (3.7m x 2.77m) UPVC double glazed window to the rear and double glazed patio doors to the garden. Radiator.
Cloakroom UPVC double glazed window to the side. WC and wall mounted wash hand basin. First Floor Landing Doors off to three bedrooms and family bathroom.
Bedroom Two (3.9m x 3.45m) UPVC double glazed window to the front. Radiator. Bedroom Three (3.89m x 2.8m) UPVC double glazed window to the rear. Radiator.
Bedroom Four (2.72m x 2.13m) UPVC double glazed window to the front. Radiator. Bathroom UPVC double glazed window to the rear.
Three piece suite in white comprising a panelled bath with shower over, pedestal wash hand basin and WC. Radiator and part tiled walls. Outside Large front driveway with space for multiple vehicles.
Side access leading to rear where there is an enclosed garden with a decked patio and lawn.
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
Agent & docs
FAQ
About 38, Coleman Street, Derbyshire
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