3-bedroom terraced house · DE23 8UR
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular Balfour Road, this well-presented three-bedroom mid-terraced property offers spacious and versatile accommodation, making it an ideal purchase for first-time buyers, growing families, or investors alike.
The ground floor comprises two generously sized reception rooms, providing flexible living space to suit a variety of needs.
The front reception room offers a welcoming lounge area, perfect for relaxing or entertaining guests, while the second reception room can be utilised as a dining room, family room, or additional sitting area.
To the rear of the property is a fitted kitchen offering ample storage and workspace, with convenient access to the family bathroom located on the ground floor.
To the first floor, the property benefits from three well-proportioned bedrooms, each offering comfortable living space with plenty of natural light.
These rooms provide flexibility for family living, guest accommodation, or home office use.
Externally, the property enjoys the benefits of a traditional terraced home and offers excellent potential for buyers looking to personalise and add value.
Ideally positioned, this property benefits from excellent transport links, with strong road network connections providing easy access to surrounding towns, city centres, and major commuter routes.
Public transport options are also readily available nearby, making daily commuting straightforward and convenient.
In addition, a range of local amenities including shops, schools, and everyday services are all within easy reach.
Early viewing is highly recommended to fully appreciate the space, convenience, and potential this property has to offer.
Living Room 11'2" x 11'3" (3.41m x 3.43m) Accessed via the double glazed front entrance door having a radiator, double glazed window to the front elevation and a door leading to: Reception Room 11'2" x 12'2" (3.41m x 3.73m) Having stairs leading to the first floor, radiator and a double glazed window to the rear elevation.
Kitchen 10'4" x 6'4" (3.16m x 1.94m) Having a range of wall and base units incorporating work surfaces, having an inset sink and a range of appliances.
radiator, double glazed window to the side elevation, double glazed door to the side elevation, and this is where the boiler is housed and door leading to: Bathroom 10'7" x 4'9" (3.25m x 1.47m) Having a radiator, double glazed window to the outside, shower enclosure, wash hand basin and a WC.
First Floor Landing Having doors leading to: Master Bedroom 11'3" x 11'3" (3.44m x 3.43m) Having a radiator, and a double glazed window.
Bedroom Two 7'10" x 12'2" (2.41m x 3.73m) Having a storage cupboard, radiator and a double glazed window.
Bedroom Three 6'4" x 10'4" (1.95m x 3.16m) Having a radiator and a double glazed window.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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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
About Balfour Road, Derby
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