Summary - 15 Archer Street DE24 8WR
2 bed 1 bath Terraced
Newly renovated, income-ready terrace steps from Pride Park and Derby centre.
• Two double bedrooms and two reception rooms, newly renovated interior
• Newly fitted kitchen with built-in appliances
• Previously let at £787 pcm (2025) — clear rental track record
• Vacant possession on completion; freehold title
• Maintenance-free courtyard garden with external brick WC
• Off-street parking and quiet cul-de-sac location near Pride Park
• EPC D; solid brick walls assumed uninsulated — higher heating costs
• Located in very high crime, very deprived area — affects demand
Set for sale at auction, this well-maintained Victorian mid-terrace offers immediate vacant possession and clear rental potential. Recently refurbished throughout, the property features two double bedrooms, a newly fitted kitchen with integrated appliances, and two reception rooms — a practical layout for lettings or a buy-to-let portfolio. It previously achieved £787 pcm before refurbishment, indicating achievable income for investors.
Located on a quiet cul-de-sac adjoining public open space and within easy reach of Pride Park and Derby city centre, the house benefits from off-street parking and a maintenance-free courtyard with a brick-built external WC. Solid brick construction beneath a replacement roof, plus UPVC double glazing and gas central heating, reduce short-term maintenance needs.
Important considerations: the property sits in an area of very high crime and very high deprivation, and the solid brick walls are assumed to be uninsulated — factors that may affect tenant demand and running costs. The EPC is D. Buyers should note auction terms: a binding sale on the day, a 10% deposit (minimum £5,000) and a buyers’ fee (1.2%, minimum £1,500 inc. VAT). Read the Legal Pack and Special Conditions carefully before bidding.
For purchasers seeking a compact, newly renovated investment near Derby city centre, this terrace offers straightforward management, immediate occupation or re-let potential, and attractive entry-level pricing at auction.
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