2-bedroom bungalow · DE22 2UR
Listing removedReduced £5k (−1.8%) on 3 AprListed 326 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to purchase a most spacious detached bungalow having the benefit of refitted kitchen, refitted shower room and new soffits, facias and guttering but requiring some further updating.
In brief the property comprises Entrance Hall, spacious Lounge/Dining Room, Kitchen, two good size Bedrooms large Shower Room and a useful additional w.c.
Outside the property stands on a larger than average plot with a low maintenance foregarden and sweeping drive affording pedestrian access from the left and further driveway leading to the detached garage and gated side access leading to the rear garden mainly laid to lawn, large patio seating area and summer house.
Lambourne Drive is conveniently situated for access to local amenities including shopping at the local Store, Park Farm Centre and of course the wider amenities in Derby City Centre itself, local schools, the University, public transport routes, recreational facilities including Markeaton Park, Allestree Park and the noted Kedleston Hall and grounds nearby by and useful road links via the A6, A52, A38, and A50 giving access to the M.1 ENTRANCE HALL: Having door to side, coat cupboard, and further cupboard housing gas central heating and domestic hot water boiler, radiator.
ADDITIONAL W.C. Having UPVC double glazed window to side, two piece suite comprising wash basin and w.c.
L SHAPED LOUNGE/DINING ROOM: 24'1" x 23' 9"/11'10" minimum(7.357m x 7.262/3.621m minimum) Having sliding patio doors leading to the rear garden, further window to rear, feature fireplace, two radiators KITCHEN: 11'11" x 8'5"(3.655m x 2.585m) Having door and window to side, range of wall, base and drawer units incorporating ample food preparation surfaces, stainless steel sink unit and drainer, integrated electric hob, built in oven, plumbing for washing machine, space for fridge freezer.
BEDROOM ONE: 15'4" x 11'7"(4.688m x 3.542m) Having UPVC double glazed window to front, built in wardrobes and dressing table, radiator.
BEDROOM TWO 11'3" x 9'7"(3.443m x 2.944m) Having UPVC double glazed window to front, built in wardrobes, radiator.
SHOWER ROOM Having UPVC double glazed window to side, three piece suite comprising shower cubicle, wash basin and w.c.,
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 230, Lambourn Drive
Explore nearby
