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 · DE1 3SP
Sold STCReduced £10k (−5.6%) on 26 OctListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within easy walking distance of Derby City Centre, this well-presented two bedroom mid-terrace home offers an excellent opportunity for first-time buyers, investors or those seeking convenient city living.
The property is entered via a useful porch leading into a welcoming lounge featuring a fireplace as a focal point.
To the rear, the modern fitted kitchen provides a range of units and space for appliances, with access through to a bright conservatory overlooking the garden.
Upstairs, the property offers two bedrooms, including a generous double bedroom and a second bedroom ideal as a nursery, office or guest room.
The bathroom is fitted with a three-piece suite with shower over bath.
Externally, the home benefits from a private enclosed rear garden, providing outdoor space rarely found so close to the city centre. On-street parking is available to the front.
With excellent access to the A38, A52 and A50, this is a fantastic home offering convenience, practicality and strong long-term appeal. EPC rating: D.
Tenure: Freehold, Porch Useful entrance space providing storage and leading into the main living accommodation Lounge Comfortable front living room with feature fireplace and space for seating and dining furniture.
Kitchen Modern fitted kitchen with a range of wall and base units, work surfaces and space for appliances. Access to conservatory.
Conservatory Bright additional reception space overlooking the rear garden with direct access outside. Bedroom One Generous double bedroom positioned to the front of the property.
Bedroom Two Second bedroom ideal as a single bedroom, nursery or home office. Bathroom Three-piece suite comprising bath with shower over, wash basin and WC.
Outside Private enclosed rear garden. On-street parking available. Disclaimer In line with AML regulations, Northwood (Derbyshire) Ltd must verify all purchasers’ identities.
The cost is £35 + VAT (£42 inc. VAT) per person, payable to our verification partner before a sale can be agreed.
These particulars are issued in good faith but do not form part of any offer or contract. Details should be independently verified.
Measurements are approximate, and services or appliances have not been tested. Buyers should make their own enquiries or surveys.
Please contact us for clarification if travelling some distance to view.
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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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 Watson Street, City Centre, Derby, DE1
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