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See how verdicts work4-bedroom detached house · DE22 2JZ
For saleListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a traditional 1930s built, four bedroom detached residence requiring upgrading and modernisation.
Sold with the benefit of a building plot adjacent for the erection of an impressive, four bedroom, detached new residence.
This a rare opportunity to acquire a home located in a highly desirable residential location, requiring upgrading with potential to add value.
In addition to this the purchaser would be acquiring the adjacent plot for the erection of a new home.
The existing home comprises entrance hall, spacious lounge, dining room, kitchen, rear lean to/sun room With utility and WC.
The first floor accommodation leads to four bedrooms, bathroom and separate WC. The existing property would still benefit from a good sized rear garden and parking in front of the garage.
The proposed new home will comprise entrance hall, cloak cupboard, fitted guest cloakroom, spacious lounge, open plan dining kitchen, study and utility.
The first floor would benefit from a principal bedroom, dressing area, en-suite bathroom, second bedroom with en-suite shower room, two further bedrooms and a bathroom.
This too, would have a good sized garden to the rear.
The Location - The property’s location on this quiet cul-de-sac in Allestree offers easy access to a fabulous range of amenities including Park Farm shopping centre, facilities at Blenheim Parade as well as being close to Woodlands secondary school and Portway and Lawn primary schools.
There is easy access to Derby City centre and major employers in the county.
Locally there is a great selection of amenities including Markeaton Park with children's play area, Woodlands Tennis Club and easy access to Darley Park.
Accommodation - Ground Floor - Entrance Hall - 4.82 x 1.51 (15'9" x 4'11") - A panelled and glazed door leads to hallway with central heating radiator and staircase to first floor.
Lounge - 5.81 x 3.73 (19'0" x 12'2") - With feature fireplace, bow bay window to front and door to side. Dining Room - 4.04 x 3.50 (13'3" x 11'5") - With feature fireplace and bow bay window to front.
Kitchen - 3.42 x 2.40 (11'2" x 7'10") - Comprising granite effect worktops, inset stainless steel sink unit, fitted base cupboards and drawers, inset four plate gas hob, built-in oven, appliance space for washing machine and dishwasher, pantry and window and door to rear.
Sun Room - 4.02 x 2.72 (13'2" x 8'11") - A timber framed construction in need of repair with two doors to garden, door to WC and separate door to utility/storage.
First Floor Landing - 3.25 x 1.49 (10'7" x 4'10") - With window to rear.
Bedroom One - 3.74 x 3.49 (12'3" x 11'5") - With central heating radiator, window to side with views towards Park Farm and bow bay window to front.
Bedroom Two - 4.04 x 3.12 (13'3" x 10'2") - Having a central heating radiator and bay window to front.
Bedroom Three - 3.74 x 2.26 (12'3" x 7'4") - With central heating radiator and windows to rear and side.
Bedroom Four - 2.49 x 1.94 (8'2" x 6'4") - Having a central heating radiator and window to front.
Bathroom - 2.44 x 1.80 (8'0" x 5'10") - Appointed with a sink, bath with shower over, central heating radiator, boiler and window to rear.
Separate Wc - 1.23 x 1.07 (4'0" x 3'6") - Appointed with a WC and window to rear. Outside - The property benefits from off-road parking and a garage to the front. There is a good sized rear garden.
The new build property would sit to the right of the existing property and the ground floor would comprise hall, cloakroom, WC, open plan dining kitchen with bifold doors, lounge, study and utility.
The first floor would consist of a principal bedroom with en-suite bathroom, a second bedroom with en-suite shower room, two further bedrooms and a bathroom.
The garden would lie to the rear of the property and would be a good size for this home. Council Tax Band E -
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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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 Scarsdale Avenue, Allestree, Derby
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