2-bedroom house · DE23 8UY
Listing removedListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** freehold ** A unique opportunity to purchase this retail/residential property, on a freehold basis, located within Derby.
The property benefits from having residential use making it an ideal prospect for a buy to let landlord but could remain as a retail premises with it currently set up as a barber shop/vape shop.
In brief the property comprises of an open plan downstairs, with a separate kitchen and bathroom to the ground floor and two bedrooms to the first floor, outside is a low maintenance courtyard garden.
Viewing is essential in order to appreciate the potential on offer. Offered with no upward chain.
Located within a convenient area of Derby having excellent public transport and road links into the City, short distance to nearby Victory Road Rolls Royce site and within walking distance to supermarkets and amenities.
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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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 advisors before making any investment decisions.
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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 10, Newdigate Street, Derbyshire
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