3-bedroom terraced house · DE24 9ND
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance to the property is via a uPVC double glazed entrance door to which opens into an entrance hall with a window to the front, built-in storage, stairs rising to the first floor and doors leading off to the ground floor accommodation including the ground floor WC which is fitted with two piece suite comprising vanity wash hand basin with base cupboard and tiled splashbacks and WC with hidden cistern, vinyl flooring.
The kitchen is fitted with a matching range of base and eye level units with worktop space over, polycarbonate sink unit with single drainer, mixer tap and ceramic tiled splashbacks, plumbing for automatic washing machine, space for fridge/freezer, tumble dryer and cooker with extractor hood over, double glazed window to rear, and a matching entrance door to the garden.
The dining room is a very spacious multi-functional room with a double glazed patio door opening onto the garden and an under-stairs storage cupboard whilst the living room has double aspect windows over looking the front and rear elevations.
On the first floor stairs lead to a central landing with a window to the front, a built-in linen cupboard with shelving, boiler cupboard housing wall mounted gas combination boiler serving heating system and domestic hot water and doors to the bedrooms and bathroom.
The master bedroom is a generous double overlooking the rear garden whilst bedroom two is an equally well proportioned room this time with two windows over looking the garden, the room also has two entrance doors and could be split to make two smaller single rooms.
Bedroom three is a good sized single room that could accommodate a double bed if required.
The family bathroom has been fitted with three piece suite comprising panelled bath with separate electric shower over, pedestal wash hand basin and low-level WC, with tiled splashbacks and window to the front.
Outside, to the front is a block paved fore garden with wrought iron railings which overlooks communal green space.
The rear garden has a generous patio area leading onto a tiered lawn with gated access onto Grampion Way, timber screen fencing and double timber gates for potential vehicular access subject to planning permission, concrete shed with power laid on and a further timber shed to remain and outside tap for garden hose.
To the side of the house is ample residents parking. Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Agents notes: It is common for property Titles to contain Covenants; a copy of the Land Registry Title is available to view on request.
It is quite common for some properties to have a Ring doorbell and internal recording devices.
Property construction: Standard Parking: Residents parking Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Gas (Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: See Ofcom link for speed: Mobile signal/coverage: See Ofcom link Local Authority/Tax Band: Derby City Council / Tax Band A Useful Websites: Our Ref: JGA/01072026 The property information provided by John German Estate Agents Ltd is based on enquiries made of the vendor and from information available in the public domain.
If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.
We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof / source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property.
We use the Checkboard app to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history.
With effect from 1st March 2025 a non-refundable compliance fee of £30.00 inc.
VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.
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.
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