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3 Bed Terraced House, Refurb/BRRR, Derby, DE24 9NL £149,000

Morlich Drive, Sinfin, Derby, DE24 9NL - 2 views - 6 months ago
  1. Deal Search
  2. Derby
  3. DE24
  4. DE24 9NL
Sold STC
Refurb/BRRR
ROI: 3%
~93 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Derby
  • More Deals in DE24
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Derby
  • More Refurb/BRRR Deals in DE24

Property History

Listed for £149,000

June 4, 2025

Floor Plans

Description

  • Spacious 3-bedroom end-terrace +
  • Generous slabbed rear garden - low maintenance +
  • Bright and airy living room +
  • On-street parking available +
  • Strong rental potential for investors +
  • Close to local amenities and transport links +
  • In need of modernisation - excellent investment potential +
  • Kitchen with room to reconfigure or update +

SUMMARY
Investor alert! This 3-bed end-terrace on Morlich Drive, Derby, offers spacious living, a low-maintenance slabbed garden, and on-street parking. Requiring some modernisation, it's a great value-add project with strong rental potential in a popular residential area.

DESCRIPTION
Positioned in a quiet residential area of Derby, this spacious three-bedroom end-terrace on Morlich Drive presents a fantastic opportunity for investors or buyers looking for a property with potential. Requiring a degree of modernisation throughout, this home is perfect for those seeking a renovation project or value-add investment.

The ground floor features a wide entrance hall leading into a generous living room with large windows that allow in plenty of natural light. The kitchen is functional but would benefit from refurbishment, offering the chance to create a modern open-plan space. Upstairs, there are three well-sized bedrooms and a family bathroom, all offering scope for improvement and redecoration.

Outside, the property boasts a spacious, slabbed rear garden-ideal for tenants or future buyers wanting a low-maintenance outdoor space. On-street parking is available to the front of the property.

Morlich Drive is conveniently located with easy access to Derby city centre, local shops, schools, and regular public transport. The area has proven rental appeal among families and professionals, making this an ideal property for investors looking to generate strong yields post-renovation. With the right updates, this home has the potential to significantly increase in both value and rental income.

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Bagshaws Residential, Derby

01332 215045

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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