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See how verdicts work2-bedroom bungalow · DE21 7GD
For saleReduced £10k (−3.8%) on 24 JunListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-presented traditional bay-fronted detached bungalow, situated in a popular and established residential location.
This attractive home offers comfortable and well-maintained accommodation throughout, making it ideal for a range of buyers.
Description A well-presented traditional bay-fronted detached bungalow, positioned within a popular and established residential area.
The property offers well-proportioned accommodation including a pleasant lounge that opens into a conservatory, two bedrooms, off-road parking, and a private enclosed rear garden.
Early viewing is highly recommended.
The accommodation benefits from gas central heating and UPVC double glazing and briefly comprises: Entrance hallway, lounge with feature fireplace leading through to the conservatory, a fitted breakfast kitchen, two bedrooms, and a bathroom fitted with a three-piece suite.
Externally, the property provides ample off-road parking to the front, whilst to the rear there is a fully enclosed garden offering a good degree of privacy.
Lodge Lane is conveniently located for Spondon and its range of local amenities, as well as providing excellent transport links to the A52, A50, M1 motorway, and East Midlands Airport.
Hallway Carpeted with radiator providng access to : Living Room Carpeted with electric feature fireplace and mantle, radiator and access to the conservatory.
Conservatory Vinyl flooring, with upvc double glazed windows and french doors out.
Kitchen Fitted breakfast kitchen with marble worktop island in the centre, exposed brick cooking space with ceramic hob, a range of base units, fitted electric oven, ceramic one and a half sink with a window over and acess to the pantry Bathroom Fitted three piece suite with tiled flooring and wall, radiator to the side, bath with shower over, toilet, sink and window over.
Bedroom 1 Large double bedroom with carpet flooring, bay window to front and window to the side, radiator and ample bedroom furniture space Bedroom 2 Double bedroom with fitted wardrobes, carpet flooring, window to front and radiator.
Outside To the front of the property is a driveway providing off road parking and a laid lawn, to the rear of the property is a private enclosed garden with patio area and lawn with shed space and outside tap.
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: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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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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FAQ
About 18, Lodge Lane, Derby
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