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See how verdicts work2-bedroom terraced house · DE55 1RG
Sold STCListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Derbyshire Properties are delighted to present this traditional two bedroom home on the well regarded Sleetmoor Lane.
Boasting impressive plot with rear paddock totalling approximately a third of an acre, this home would be perfect for those with equestrian interests.
Internally, the home briefly comprises; Living Room, Kitchen & Bathroom to the ground floor with two impressive double Bedrooms to the first floor.
The outside space is what makes this property unique. The front garden is mainly shrubs and plants, with a stone-built front wall and pathway leading the front door.
Pedestrian and vehicular access is via the drive to the next-door property, which leads to a parking area for 2 vehicles and a building containing a small garage and workshop.
The workshop is currently used as a music room, with a window and door to the front and a wood-burning stove. This could easily be repurposed as a home office or gym.
Adjoining the garage/workshop building is a sizeable, block-built shed, next to which is a garden area with a veg plot, greenhouse and twin stables/sheds of corrugated steel panels.
Beyond this is a further garden/paddock that makes this property stand out - land measuring approximately a third of an acre (according to the owners’ information), which lends itself to a variety of potential uses - currently having mature fruit trees and bushes, greenhouses, a children's play area, additional timber-built storage and a large chicken coop.
This could be further developed as a smallholding, private garden, or returned to sufficient accommodation for a small horse.
This area of land backs onto woodland, so is tranquil, peaceful and full of wildlife – set away from other properties and the main road.
Living Room 4.20m x 3.10m (13' 9" x 10' 2") Upvc double glazed front door to the Lounge. Window to the front. Brick chimney-breast with inset log burner and tiled hearth.
Breakfast Kitchen 4.20m x 2.64m (13' 9" x 8' 8") Feature fireplace, with inset gas stove and wooden mantle. Fitted floor to ceiling unit with drawers.
Sink unit with one and a half bowl sink with mixer tap. Plumbing for washing machine. Cooker point. Tiled floor. Window to the rear. Rear Lobby 1.92m x 1.80m (6' 4" x 5' 11") Door to the rea.
Tiled floor. Radiator. Space for fridge freezer. Wall mounted Baxi combi boiler. Ground Floor Bathroom 2.27m x 1.73m (7' 5" x 5' 8") Panelled bath with shower. Pedestal wash hand basin.
Low level W.C. Towel rail. Tiled floor. Window to the side. Landing Bedroom One 4.24m x 3.25m (13' 11" x 10' 8") Brick chimney breast with feature fireplace and tiled hearth. Radiator.
Window to the rear. Wooden flooring. Bedroom Two 4.25m x 3.18m (13' 11" x 10' 5") Fitted wardrobe. Radiator. Window to the front.
Outside The outside space is what makes this property unique. The front garden is mainly shrubs and plants, with a stone-built front wall and pathway leading the front door.
Pedestrian and vehicular access is via the drive to the next-door property, which leads to a parking area for 2 vehicles and a building containing a small garage and workshop.
The workshop is currently used as a music room, with a window and door to the front and a wood-burning stove. This could easily be repurposed as a home office or gym.
Adjoining the garage/workshop building is a sizeable, block-built shed, next to which is a garden area with a veg plot, greenhouse and twin stables/sheds of corrugated steel panels.
Beyond this is a further garden/paddock that makes this property stand out - land measuring approximately a third of an acre (according to the owners’ information), which lends itself to a variety of potential uses - currently having mature fruit trees and...
Council Tax We understand that the property currently falls within council tax band A, with Amber Valley Borough Council.
However, we would recommend any prospective purchasers make their own enquiries with the local authority. Disclaimer 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Derbyshire Properties have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Derbyshire Properties have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 Sleetmoor Lane, Somercotes, DE55
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