2-bedroom terraced house · DE1 1EL
Let agreedListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Zero Deposit Guarantee Available** Holding Deposit: 288.00 summary Available Now | Stunning New Homes | Award Winning Management | Resident Events | Super-Fast Wi-Fi Included | Communal Garden | Driveway| Bluetooth Keys & Fobs | Reposit Available description An excellent opportunity to rent this beautifully presented brand new two-bedroom home, forming part of the impressive Friar Gate Goods Yard development and offering stylish accommodation in a highly convenient location.
Designed for modern renters, the development provides a range of attractive features and resident benefits, including: • Professionally managed homes • Superfast 150Mb Wi-Fi included • Reposit deposit-free option available • Resident app • Pet-friendly development • Energy-efficient homes • Smart lock entry • Well-maintained communal green spaces • Communal garden and resident parking The property has been finished to a superb standard throughout and offers well-planned accommodation comprising an entrance hallway, modern fitted kitchen, spacious living room, downstairs WC, two generous bedrooms and a contemporary family bathroom.
Located within one of Derby's newest residential developments, the home offers a fantastic opportunity to enjoy modern living within a growing community, whilst remaining close to a range of everyday amenities and transport links.
Externally, residents benefit from parking facilities and access to attractive communal gardens, providing pleasant outdoor space to relax and enjoy.
The property will particularly appeal to professionals, couples and small families looking for a high-quality home that offers both comfort and practicality.
Ideally situated for access to Derby city centre, Derby Railway Station, Royal Derby Hospital and the A38, the location is perfect for commuters and those needing convenient access to major employers and road networks.
Offered unfurnished and available for immediate occupation, this exceptional home is ready to move straight into. Early viewing is strongly recommended to fully appreciate the accommodation on offer.
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) money laundering regulations – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property in respect of things such as furnishings to be included/excluded and what facilities are/are not available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 advisors 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 31, Foundry Avenue, DERBY
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