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See how verdicts work1-bedroom terraced house · DE73 8EH
Listing removedListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A conveniently located one bedroom mid terrace cottage renovated to a high specification in a sought after location.
Briefly comprising: - lounge, refitted country style kitchen, bedroom and luxury bathroom and garden to the rear.
Description A conveniently located one bedroom mid terrace cottage renovated to a high specification in a sought after location.
Having gas fired central heating system and double glazing with accommodation briefly comprising: - lounge, refitted country style kitchen, bedroom and luxury bathroom and garden to the rear.
The cottage is situated in a sought after location on Chapel St enjoying a central location in the highly favoured and popular village of Melbourne.
Melbourne itself enjoys a high standard of amenities including the Sainsburys superstore, Post office, Nat West bank, doctor's and dentist surgery and a wide range of quality public houses and restaurants whilst being well placed for the commuter with East Midlands airport, Parkway railway station and major link roads.
Front Living Room Accessed via a timber front door giving access to the living room having oak effect lvt flooring, central heating radiator, UPVC double glazed window to the front elevation, feature fireplace incorporating an electric log burner effect fire sitting on a stone hearth with an oak mantle over, television bracket mounted to the chimney breast, useful built in corner cupboard providing storage, decorative panelling to wall, glazed panelled door giving access to the: - Kitchen A stunning country style refitted kitchen having a range of matching base and wall units with wood effect laminate work surface over, fully tiled splashback to the food preparation and cooking area, inset white acrylic sink and drainer with chrome mixer tap over, integrated washing machine, integrated smeg electric fan assisted oven, smeg four burner gas hob with matching extractor fan and light over, space for full height fridge/freezer, useful storage cupboard currently being used as a pantry having shelving and light, half glazed and wood door giving access to the rear garden, UPVC double glazed window to the rear elevation, oak effect lvt flooring continues through from the living room, central heating radiator, panelled wooden door giving access to: - Staircase/First Floor Landing Carpeted stairs leading to the landing area having a panelled door to a useful large storage cupboard with light, loft access and further panelled door off to: - Master Bedroom Having UPVC double glazed window to the front elevation, oak effect lvt flooring, low level central heating radiator, chimney breast with recesses to the sides.
Bathroom Accessed off the landing via a panelled door to a high specification fully refitted three piece modern white suite comprising of bath with side mounted gold taps, gold mains shower with rain head and separate shower attachment and glazed shower screen, low level wc, hand wash basin fitted to vanity unit with storage beneath and gold mixer tap over, part tiled walls to the bathing and shower area with inset shower niche for toiletries and product storage, UPVC double glazed opaque window to the rear elevation, useful cupboard space housing the boiler providing central heating and domestic hot water, ceramic tiled flooring, central heating radiator.
Outside To the rear is a shared pathway with the neighbouring properties leading to a private rear garden having a paved seating area leading to a further raised patio, pathway leading to the end of the garden, lawn area with border edge inset with mature trees and shrubs and a further paved and gravelled seating area at the rear of the garden.
Agent Notes Please note that an £80 aml fee covers the cost of carrying out the required identity and anti-money laundering checks when an offer has been accepted.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
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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 27, Chapel Street, DERBY
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