3-bedroom terraced house · DE23 3AY
Listing removedListed 247 days
Opportunity summary
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About
35% shared ownership, ideal first time buy - This well-presented home offers an excellent opportunity for first-time buyers seeking a stylish and easy-to-maintain property within a welcoming community setting.
The layout is thoughtfully arranged with a bright lounge opening onto the garden, a contemporary fitted kitchen and three generous double bedrooms providing flexibility for growing households or home working.
The enclosed rear garden and two side-by-side parking spaces enhance everyday convenience, while the shared ownership scheme makes this an accessible step onto the property ladder.
With local amenities, green space and schooling all within easy reach, this home delivers both comfort and practicality.
The Detail The accommodation begins with an inviting entrance hallway featuring laminate flooring and access to a convenient ground floor WC.
To the front, the fitted kitchen is finished with white high-gloss wall and base units, complemented by an integrated electric oven, gas hob and designated space for additional appliances, all set against a contemporary wood-grain effect floor.
To the rear, the lounge offers a spacious living environment with a built-in storage cupboard and French doors opening directly onto the garden, creating a natural flow between indoor and outdoor living.
Upstairs, the landing leads to three well-proportioned double bedrooms.
The principal bedroom enjoys a front-facing aspect with fitted wardrobes and a useful overstairs storage area, while the two further bedrooms overlook the rear.
The family bathroom is appointed with a panel bath, electric shower, heated towel radiator and mosaic-style flooring.
Outside, the property benefits from an enclosed rear garden featuring both patio and lawn areas, providing an ideal space for outdoor seating and everyday use.
Gated access leads directly to the rear where two side-by-side parking spaces are positioned for convenience.
The Location Highfields in Littleover is a well-established residential area offering a balance of everyday convenience and access to open surroundings.
Within walking distance are local shops including a Co-op, takeaway options and green spaces, while Highfields Spencer Academy is close by, making the location particularly appealing for families.
The property is well placed for those working at the Royal Derby Hospital and Toyota, with straightforward road links connecting to both.
Littleover village centre is a short drive away, providing a wider range of independent shops, cafés, pubs and supermarkets.
Positioned on the edge of South Derbyshire countryside, the area also offers easy access to nearby walking routes and open landscapes, giving a pleasant sense of space while remaining well connected to the city.
Shared Ownership Details The Property is offered on a 35 % shared ownership basis in conjunction with Places For People The current rental charge is £424.67 per month Aml Verification In accordance with UK Anti-Money Laundering Regulations, all buyers will be required to complete an identity verification check when an offer is accepted.
A fee of £25 + VAT per purchaser is payable.
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.
Area
Agent & docs
FAQ
About 12, Arundel Way, Derby
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