3-bedroom bungalow · DE21 6WL
For saleReduced £20k (−9.3%) on 28 JulListed 151 days
Opportunity summary
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About
A surprisingly spacious and versatile three bedroom chalet style semi detached bungalow with two reception rooms.
Conservatory, parking and garage, good size rear garden, close to local amenities, no upward chain. Viewing recommended. A surprisingly spacious three bedroom semi detached dormer bungalow.
Offering spacious and adaptable living accommodation with a double bedroom on the ground floor, as well as two reception rooms, one of which could become a second double bedroom.
Also on the ground floor is the bathroom, fitted kitchen and large uPVC double glazed conservatory. To the first floor, there are two double bedrooms, as well as an attic storage space.
Centrally heated served from a modern gas combination boiler (installed approximately 2 years ago) and double glazed windows throughout.
The property is offered for sale with no upward chain and offers great potential for a variety of buyers to put their own mark upon it.
A shared driveway leads to off-street parking and a garage and the rear garden is of a generous size with patio and seating areas, as well as lawn and garden shed.
Situated in this highly regarded residential suburb, great for families and commuters alike as Cherry Tree Hill Primary School is an easy walk from the property, with other schools for all ages also within easy reach.
There is open space nearby with Mossey Yard Plantation and Chaddesden Brook, as well as Spondon Asda being a couple of minute's drive away.
Derby city centre is within easy reach, as are local major employers such as Rolls Royce. With flexible accommodation, this property will suit a variety of buyers. Viewing highly recommended.
Entrance Hall Accessed from a uPVC double glazed door to the side of the property allowing access to all ground floor rooms and stairs leading to the first floor.
Lounge (5 x 3.64 (16'4" x 11'11")) This versatile space could also be used as a double bedroom and has radiator and double glazed square bay window to the front.
Sitting Room (4.34 x 3.63 (14'2" x 11'10")) Patio doors opening to the conservatory.
Conservatory (4.89 x 4.42 (16'0" x 14'6")) A large useable space with uPVC double glazed windows and French doors opening to the rear garden. Connecting door to kitchen.
Kitchen (3.08 x 1.87 (10'1" x 6'1")) Range of wall, base and drawer units, with work surfacing and inset single bowl sink unit with single drainer, gas cooker point, plumbing for washing machine, double glazed window.
Bedroom One (3.21 x 3 (10'6" x 9'10")) Radiator, double glazed window to the front.
Bathroom (2.01 x 1.74 (6'7" x 5'8")) Three piece suite comprising wash hand basin, low flush WC, bath with shower over, radiator, double glazed window.
Inner Hallway Accessed from the main hallway which has a door to the kitchen and stairs leading to the first floor.
First Floor Walk-in attic storage space with roof window and doors to bedrooms two and three.
Bedroom Two (3.65 x 2.81 (11'11" x 9'2")) Cupboard housing gas combination boiler (for hot water and central heating) installed approximately 2 years ago, double glazed dormer window to the rear.
Bedroom Three (3.65 x 2.70 (11'11" x 8'10")) Radiator, double glazed dormer window.
Outside To the front, there is a hedged-in garden, open shared driveway leading along the side of the property to off-street parking and a semi detached single garage (approx.
20' x 10' - Vendor advised). The rear garden is a generous size with patio areas, lawn, various flower and shrub beds and borders and garden shed. A three bedroom semi detached dormer bungalow.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 39, Lime Grove, Derby
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