2-bedroom bungalow · DE22 1FF
Listing removedListed 108 days · slow let
Opportunity summary
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About
A refurbished 2 double bedroomed unfurnished mid terraced bungalow with gas central heating & upvc double glazing. The Acc.
Comprises: Entrance porch, lounge, new kitchen with oven, 2 double bedrooms & new bathroom with shower. To the rear is an enclosed garden.
The Accommodation comprises: Upvc part glazed front entrance door to - Entrance Porch With upvc double obscured glazed windows to front & both sides, door matting and cupboard.
Lounge (4.72m x 3.76m (15'6" x 12'4")) With upvc double glazed window to front with curtain pole over, single central heating radiator and new grey fitted carpet.
Kitchen With range of new white base and wall units, grey square edge worktops with matching splashback, inset stainless steel sink and drainer unit and upvc double glazed window to rear.
Integrated single oven with gas hob and extractor hood over, single central heating radiator and new grey tile effect vinolay flooring.
Inner Hall With new grey fitted carpet and small storage cupboard.
Bedroom 1 (3.58m x 3.35m (11'9" x 11'0")) With upvc double glazed window to rear with curtain pole over, single central heating radiator and new grey fitted carpet.
Bedroom 2 (3.02m x 2.67m (9'11" x 8'9")) With upvc double glazed window to front with curtain pole over, single central heating radiator and new grey fitted carpet.
Bathroom With new 3 piece white suite consisting of a vanity washbasin, low level w.c, panelled bath with aqua board surround and electric shower over.
Chrome central heating towel radiator and new grey tile effect vinolay flooring. Outside To the rear is a garden mainly laid with lawn with small paved area. There is a rear gate to the side entry.
Additional Information Holding deposit £205.00 - This is taken to secure the property whilst references are carried out. This will then be used towards the initial rent/deposit payment.
Please note: There are still a few works to be completed, which may be seen on the photos Disclaimer: Austin Property Management Services Ltd assumes no responsibility or liability for any errors or omissions in the content of this advert.
In some cases photos taken prior to the current tenants occupation may be used, the condition will be expected to be similar to the photos used.
Whilst every care has been taken to ensure that the information provided is accurate and as up to date as possible, there is however no guarantees of completeness, accuracy, usefulness or timeliness.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 21, St Matthews Walk, Derby
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