2-bedroom terraced house · DE73 6NB
Listing removedListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN Situated at the end of a pleasant cul-de-sac in the sought-after area of Chellaston, this well-presented two-bedroom mid town house offers an excellent opportunity for first time buyers and investors alike.
The property welcomes you with an entrance porch leading into an inner hallway, which in turn provides access to a fitted kitchen.
To the rear, a spacious and light-filled lounge/diner creates an ideal setting for both relaxing and entertaining, enhanced by a sliding patio door opening onto the rear garden.
Upstairs, the first floor hosts two good size bedrooms (including a well proportioned principal bedroom with built-in wardrobes) - both bedrooms are served by a neatly appointed family bathroom.
Externally, the property continues to impress - to the front, a low maintenance lawned foregarden sits near a driveway, which provides ample off road parking and access to the detached single garage (equipped with an up-and-over door, power and lighting.) The enclosed rear garden is predominantly laid to lawn and complemented by a patio seating area and raised decking—perfect for outdoor dining and relaxation.
Ideally located on Pinglehill Way, the property benefits from close proximity to a range of local amenities, including shops and reputable schools, as well as excellent transport links via the A50 and A6, connecting to the M1 motorway and offering convenient access to East Midlands Airport.
Combining comfort, practicality and location, this property represents a fantastic opportunity - viewings are highly recommended.
Entrance Porch 3'6" x 3'3" (1.1m x 1.0m) Inner Hallway 8'8" x 3'8" (2.6m x 1.1m) Kitchen 8'5" x 7'9" (2.6m x 2.4m) Lounge/Diner 15'9" x 11'9" (4.8m x 3.6m) First Floor Landing 5'9" x 5'0" (1.8m x 1.5m) Bedroom One 11'0" x 8'6" (3.4m x 2.6m) Bedroom Two 13'5" x 6'5" (4.1m x 2.0m) Bathroom 8'0" x 4'11" (2.4m x 1.5m) Detached Garage 16'8" x 8'5" (5.1m x 2.6m) Buyer Information 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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.
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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 Pinglehill Way, Chellaston
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