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See how verdicts work2-bedroom semi-detached house · DE22 2GD
Opportunity summary
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About
A really well positioned two bedroom semi-detached property located close to Allestree old village and park.
The property is attractively offered for sale with immediate vacant possession, no upward chain and with the benefit of a pending planning permission application for a two storey side and rear extension adding a third bedroom.
Directions - From Kingscroft accessed from the A6, proceed past Allestree recreation ground, taking the next right onto Cornhill, first left onto West Bank Road, first left into Riddings where the property will be found a short distance on the left.
Internally, the gas centrally heated and UPVC double glazed accommodation briefly comprises, entrance hall with stairs to the first floor, bay windowed lounge, dining kitchen, two first floor double bedrooms and bathroom with shower over bath.
Externally, there is a double width block paved driveway to the front continuing to the rear where there is a long lawned rear garden, patio and shed.
Excellent potential for extension to both side and rear subject to planning permission. The property has the benefit of outdoor security lighting.
Located off West Bank Road close to Allestree old village and beautiful park, the property enjoys a highly convenient position in the ever popular Allestree, also close to local shopping facilities, schools, popular cafes and public houses A superb home and location.
Accommodation - Ground Floor - Entrance Lobby - Main front door, stairs to first floor.
Lounge - 3.84m x 3.76m (12'7 x 12'4) - UPVC double glazed bay window to the front elevation, fireplace with inset coal effect gas fire, understairs storage cupboard, media connections and radiator.
Kitchen - 4.80m x 2.57m (15'9 x 8'5) - Fitted with a range of wall and base units with matching cupboard and drawer fronts, laminate work surfaces and tiled splashback, stainless steel sink and drainer, electric oven and hob with extractor fan over, washing machine and fridge freezer, tiled floor, UPVC double glazed window and door to garden, radiator.
First Floor - Landing - UPVC double glazed side window.
Bedroom One - 4.78m x 2.92m (15'8 x 9'7) - A spacious bedroom with wardrobe recess, UPVC double glazed window and radiator Bedroom Two - 2.90m x 2.74m (9'6 x 9'0) - A second generous bedroom with rear facing UPVC double glazed window and radiator.
Bathroom - 1.96m x 1.93m (6'5 x 6'4) - White panelled bath with electric shower over and screen, wash basin and WC, tiled floor and walls, UPVC double glazed window and radiator.
Outside - Externally, there is a driveway to the front providing off road parking with side gated access to the long lawned garden with fenced borders and large shed with power and light.
Planning Application - The vendor is currently in the process, pending consideration, of seeking full detailed planning permission for a 'Two storey side and rear and single storey front and rear extensions to dwelling house (porch, utility, living space, bedroom and enlargement of bathroom)' Application reference 26/00741/FUL
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
Agent & docs
FAQ
About Riddings, Allestree, Derby
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