2-bedroom terraced house · DE23 6WS
Sold STCListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom freehold terraced property on Provident Street provides well proportioned accommodation across two floors.
With two reception rooms, a fitted kitchen and an enclosed rear yard, it represents a practical option for first time buyers, couples or investors seeking a conveniently located home in Derby.
The ground floor begins with a front living room featuring wood-effect flooring, neutral décor and a window overlooking the street.
A door leads through to the second living room, which offers further flexible reception space and has a window to the rear.
From here, there is access to the fitted kitchen, which includes a range of wall and base units, worksurfaces, a sink beneath the rear window and space for appliances.
A glazed external door opens onto the rear yard. On the first floor, the landing provides access to two well sized bedrooms.
The larger bedroom is positioned at the front, while the second bedroom overlooks the rear. Both rooms are neutrally presented and carpeted.
The bathroom is fitted with a white suite comprising a corner shower enclosure, WC and handbasin, complemented by tiled walls and flooring.
Outside, the property has an enclosed rear yard with a paved surface, brick and block boundary walls, raised planting areas and gated access.
The space provides a low maintenance area for outdoor seating and container planting. On-street parking is available locally.
Provident Street is situated within an established residential area of Derby, with access to local shops and everyday amenities.
Derby city centre and its wider range of retail, leisure and transport facilities are also within reach, making the location convenient for commuters and those wishing to remain close to the city.
Internal viewings are highly recommended to appreciate the accommodation on offer.
Living Room 12'3" x 11'3" (3.7m x 3.4m) Dining Room/Lounge 12'2" x 11'4" (3.7m x 3.5m) Kitchen 9'10" x 6'9" (3.0m x 2.1m) First Floor Landing 11'9" x 2'8" (3.6m x 0.8m) Bedroom One 14'0" x 11'7" (4.3m x 3.5m) Bedroom Two 11'3" x 11'1" (3.4m x 3.4m) Shower Room 9'9" x 6'9" (3.0m x 2.1m) Buyer Information 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property. 6.
Additional AML Charges may apply for complex cases, including trusts, overseas companies, overseas owners, or company structures requiring enhanced due diligence and verification.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Provident Street, Normanton
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