2-bedroom terraced house · DE55 4ND
Sold STCListed 405 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroomed end terraced investment property BEING SOLD WITH TENANT IN SITU producing an income of £6,000.00 per annum. The accommodation comprises: lounge, dining room, kitchen.
Two bedrooms and bathroom. Externally garden to the front and rear enclosed garden. Situated in a popular village close to the local village amenities.
Lounge: 3.27m x 2.87m (10'8" x 9'4") , UPVc double glazed window, brick built fire place, UPVc entrance door, double panelled radiator and door to stairway rises to the first floor.
Dining Room: 3.41m x 4.09m (11'2" x 13'5") , Brick built fire place, UPVc double glazed window to rear.
Kitchen: 3.44m x 1.98m (11'3" x 6'5") , Single drainer sink unit with hot and cold taps, range of wall and base units, two UPVc double glazed windows, plumbing and space for washing machine, appliance space, laminate flooring, double panelled radiator and UPVc door to rear.
On The First Floor: Landing with access to roof space and door opens to....
Front Bedroom 1: 3.27m x 3.08m (10'8" x 10'1") , UPVc double glazed window, double panelled radiator and over stair storage area.
Rear Bedroom 2: 3.40m x 2.28m (11'1" x 7'5") , UPVc double glazed window enjoys the view of the rear garden and cupboard houses the wall mounted gas boiler.
Bathroom: 2.37m x 1.57m (7'9" x 5'1") , Containing a white suite comprising: panelled bath with an electric shower over, wash hand basin, tiled splash back, low flush WC, UPVc double glazed window, radiator and panelled ceiling.
Externally To The Front: Brick built front garden with pedestrian access to side with gated access opening to....
Externally To The Rear: A good sized lawn garden with paved patio area, mature palm tree and a timber garden store. Viewing: By appointment through Savidge & Brown on pressing option 2.
Offer Procedure: Before contacting a Building Society, Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs.
Under the Estate Agency Act 1991 you will be required as soon as possible from making an offer to provide us financial information in order to verify your position before we can finally recommend your offer to the vendor.
We will also require proof of identification in order to adhere to Money Laundering Regulations. These particulars do not constitute any offer or contract nor any part thereof.
Disclaimer: Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office.
SERVICES: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification.
MEASUREMENTS: Please note all the measurement details are approximate and should not be relied upon as exact.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About Birchwood Lane, Somercotes, DE55
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