2-bedroom bungalow · DE24 0XE
Sold STCReduced £5k (−3.1%) on 16 SepListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Offered with no upward chain, this well-presented two-bedroom semi-detached bungalow occupies a peaceful cul-de-sac position in Alvaston.
Benefiting from a spacious lounge, fitted kitchen, driveway, detached garage and generous rear garden, this property is ideal for downsizers and first-time bungal description Situated within a quiet cul-de-sac in the ever-popular suburb of Alvaston, this attractive two-bedroom semi-detached bungalow is offered to the market with the benefit of no upward chain, making it an excellent opportunity for buyers seeking a smooth and straightforward move.
The accommodation is well maintained throughout and comprises an entrance hallway with useful storage, a spacious and light-filled lounge, and a fitted kitchen providing ample storage and workspace.
To the rear of the property are two generously proportioned bedrooms overlooking the garden, together with a family bathroom.
Externally, the property enjoys excellent kerb appeal with a well-kept front garden and a driveway providing off-road parking.
Double gates lead to additional parking and a detached brick-built garage, offering valuable storage or workshop space.
The enclosed rear garden is of a particularly good size and features a patio seating area, lawn and established flower and shrub borders, creating an enjoyable outdoor space for relaxing or entertaining.
Combining comfortable single-storey living, a desirable location and excellent potential for a range of purchasers, this charming bungalow is sure to attract strong interest and early viewing is highly recommended.
Agents Note The sale of this property is subject to receipt of Grant of Probate. Please obtain an update from the branch with regards to the potential timeframes involved.
Agents Note Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
About The Area Alvaston is a well-established and highly convenient residential area located to the south-east of Derby city centre.
The area offers a wide range of local amenities including supermarkets, independent shops, healthcare facilities and leisure amenities, together with well-regarded schools.
Excellent transport links are available via the A6, A50 and A52, providing straightforward access to Derby, Nottingham, Leicester and the M1 motorway.
Regular public transport services and nearby green spaces further enhance the appeal, making Alvaston a popular choice with families, professionals and those looking to downsize. 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.
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 advisors 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 3, Cheverton Close, Derby
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