2-bedroom house · DE73 8FX
Listing removedListed 132 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modernised, spacious 2 double bedroomed unfurnished mid terraced house with gas central heating & part upvc double glazing.
The Accommodation comprises: Lounge, dining kitchen with pantry, 2 large double bedrooms & bathroom with shower. To the rear is a low maintenance garden.
The Accommodation comprises: Wooden front entrance door to - Lounge (3.61m max x 3.51m (11'10" max x 11'6")) With wooden single glazed sash window to front, dark grey fitted carpet, double central heating radiator, telephone point and television aerial.
Dining Kitchen (3.61m max x 3.58m (11'10" max x 11'9")) With range of Oak base and wall units, grey mottled rolled edge worktops with tiled splashback, inset stainless steel sink and drainer unit.
Upvc double glazed window to rear, Ideal Logic gas combination boiler, space for freestanding electric cooker with chimney style extractor hood over, double central heating radiator and Grey Oak laminate flooring.
Large under stairs storage cupboard off. Stairs & Landing With single central heating radiator, loft access, grey fitted carpet and smoke alarm.
Bedroom 1 (4.78m max x 3.51m (15'8" max x 11'6")) With wooden single glazed window to front, double central heating radiator, grey fitted carpet and fitted cupboard off with shelving.
Bedroom 2 (3.61m max x 2.49m max (11'10" max x 8'2" max)) With upvc double glazed window to rear, grey fitted carpet, double central heating radiator and television aerial.
Bathroom With 3 piece white suite consisting of a pedestal washbasin, low level w.c, panelled bath with tiled surround and chrome bar shower over.
Double central heating radiator, beige tile effect vinolay flooring, wall light with shaver point and extractor fan.
Outside To the rear is an enclosed low maintenance garden with paved area, lawn and borders.
Additional Information Holding deposit £215.00 - This is taken to secure the property whilst references are carried out. This will then be used towards the initial rent/deposit payment.
Disclaimer: Austin Property Management Services Ltd assumes no responsibility or liability for any errors or omissions in the content of this advert.
In some cases photos taken prior to the current tenants occupation may be used, the condition will be expected to be similar to the photos used.
Whilst every care has been taken to ensure that the information provided is accurate and as up to date as possible, there is however no guarantees of completeness, accuracy, usefulness or timeliness.
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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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 7, Hope Street, Derby
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