2-bedroom terraced house · DE1 1PF
Under offerListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO UPWARD CHAIN Located close to the City Centre and within in area that is ideal for buy to let and first-time buyers, this spacious two-bedroom home offers a generous lounge diner, fitted kitchen with integrated appliances, conservatory and modern fitted bathroom.
With ample rear garden and off-road parking provided to the rear, it must be viewed.
Benefitting from uPVC double glazing and gas central heating, the accommodation in brief comprises: Entrance Porch; spacious lounge diner with stairs off to the first floor and central feature fireplace; spacious fitted kitchen with integrated appliances; uPVC double glazed conservatory; first floor landing; two well-proportioned first floor bedrooms and a fitted bathroom.
To the front of the property is an enclosed garden space, whilst to the rear is a good-sized garden with patio seating area and mixed flower and shrubbery beds along with a gate giving access to the parking space at the rear.
Gerard Street is conveniently located close to local shops and public transport routes into Derby city centre and the Vibrant Cathedral quarter.
Entrance Porch Lounge Diner 14'0" x 12'6" (4.3m x 3.8m) Kitchen 12'6" x 9'4" (3.8m x 2.8m) Conservatory 9'10" x 9'8" (3.0m x 3.0m) First Floor Landing Bedroom One 14'4" x 9'4" (4.4m x 2.8m) Bedroom Two 9'1" x 6'1" (2.8m x 1.9m) Bathroom 5'10" x 5'7" (1.8m x 1.7m) 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
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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
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FAQ
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