We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · DE4 2QL
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with NO CHAIN & IMMEDIATE POSSESSION Early viewing is highly recommended of this TWO DOUBLE BEDROOM MID TERRACE STONE COTTAGE which has undergone a full scheme of refurbishment and is located in this extremely sought after Derbyshire location within reach of town centra amenities, bus routes and train station.
Fabulous South Westerly rooftop views at the rear towards open countryside!! Ideally suited to first time buyers, small families or investors alike with great scope as a holiday let!
Internally the cottage retains many original features and benefits from gas central heating with a Combi boiler and uPVC double glazing.
Comprises on the ground floor of a superb tiled family bathroom with 3 piece suite in White and two useful cellars for storage.
First floor has a cosy front reception room and re-fitted modern breakfast kitchen.
On the first floor front double bedroom and second double bedroom to the rear which enjoys far reaching rooftop views towards open countryside. Front forecourt garden with stone boundary walling.
Good sized South Westerly facing rear enclosed garden with fenced boundaries and lawned area. Patio area. Gated access to the front with a right of way over the neighbouring property.
Enjoys superb views over the rooftops towards open countryside.
Additional Information - Gas Central Heating-Combi boiler uPVC double glazed windows New internal doors and fittings New carpets and flooring Gross Internal Floor Area- 81.9Sq.m/ 881.8Sq.Ft.
Council Tax Band -B Secondary School Catchment Area -Highfields School Ground Floor Hallway - 5.87m x 0.74m (19'3" x 2'5") - Composite rear door leads into the hallway.
Staircase climbs to the first floor Superb Family Bathroom - 3.43m x 1.75m (11'3" x 5'9") - Comprising of a newly fitted 3 piece White suite which includes a bathtub with fountain taps, pedestal wash hand basin and low level WC.
Black heated towel rail. The Combi boiler is located within a store cupboard.
Cellar - 3.73m x 1.93m (12'3" x 6'4") - Cellar - 2.64m x 1.19m (8'8" x 3'11") - First Floor - Reception Room - 3.33m x 3.68m (10'11" x 12'1") - Front composite entrance door leads into this cosy reception room with front aspect window.
Inset hearth with log burner. Corner meter cupboard and downlighting. Inner Hallway - Stairs climb to the first floor.
Superb Breakfast Kitchen - 3.63m x 3.33m (11'11" x 10'11") - Comprising of a range of modern base and wall units with complementary work surfaces.
Inset composite sink and attractive 'brick' style tiled splashbacks. Integrated electric oven and hob with chimney extractor above. Inset original stove. Downlighting and laminate flooring.
Access staircase to the ground floor.
Views over the rooftops towards countryside Second Floor - Front Double Bedroom 1 - 3.66m x 3.33m (12'0" x 10'11") - A generously proportioned main double bedroom which enjoys a pleasant front aspect.
Rear Double Bedroom 2 - 3.61m x 3.33m (11'10" x 10'11") - A second double bedroom with rear aspect window and fabulous countryside views over the rooftops.
Outside - Front forecourt garden with stone boundary walling. Good sized South Westerly facing rear enclosed garden with fenced boundaries and lawned area. Patio area.
Gated access to the front with a right of way over the neighbouring property. Enjoys superb views over the rooftops towards open countryside.
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 Derwent Terrace, Old Hackney Lane, Hackney, Matlock
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