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See how verdicts work2-bedroom property · DE24 8FF
Sold STCReduced £15k (−12%) on 26 OctListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Upward Chain This superbly spacious two bedroom detached park home is located on the popular Alvaston Park Homes site and benefits off road parking, a garage, wrap around gardens, an ensuite and walk in wardrobe off the master bedroom, gas central heating and double glazing, its one not to be missed!
In brief the accommodation on offer comprises; Entrance hallway with storage, a superbly spacious dual aspect living room, opening through to a dining room; the fitted kitchen with ample storage, the master bedroom with an ensuite shower room and a walk in wardrobe; a second double bedroom with fitted wardrobes and the family bathroom with shower over bath.
Externally there are well maintained gardens wrapping around the park home, a garden shed, driveway parking and a garage with front and side door, electric and lighting.
The property benefits from gas central heating via a combination boiler and double glazing throughout.
Being conveniently located for local amenities, Alvaston park, and easy access to road and transport links to Derby town centre, an early viewing is highly recommended to avoid disappointment.
Please note that there is a ground rent of £48.69 payable per week.
Hallway 5'11" x 3'11" (1.8m x 1.2m) Living Room 16'5" x 15'3" (5.0m x 4.7m) Kitchen 9'9" x 9'5" (3.0m x 2.9m) Dining Room 8'8" x 9'8" (2.6m x 3.0m) Bedroom 1 9'1" x 9'5" (2.8m x 2.9m) Ensuite 5'3" x 5'0" (1.6m x 1.5m) Wardrobe Bedroom 2 9'10" x 9'6" (3.0m x 2.9m) Bathroom 5'7" x 6'5" (1.7m x 2.0m) Ground Rent £82.61 per week including the garage 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
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.
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About Leeside, Alvaston
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