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See how verdicts work5-bedroom bungalow · DE74 2FW
Listing removedListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**No onward chain** Article 4 ** Substantial 5 bedroom dormer bungalow situated on a large plot with stunning rural views.
This spacious bungalow has very generous room sizes and is on a pedestrianised lane.
**No onward chain** Article 4 ** Substantial 5 bedroom dormer bungalow situated on a large plot with stunning rural views.
This spacious bungalow has very generous room sizes and is on a pedestrianised lane.
Detached and with no onward chain and empty possession it would make an excellent family home or an excellent buy to let opportunity.
The bungalow has been let as a 5 bedroom house in multiple occupation for the last few years and has all relevant permissions.
This is a great opportunity to purchase a property in popular and very well located Kegworth village.
Comprising 4/5 generous double bedrooms, a spacious lounge, kitchen/diner with separate utility room and WC, 5th bedroom with flexible use as a second reception room, 2 bathrooms, substantial front and rear gardens, a garage and a spacious driveway with parking for several vehicles.
The home sits on a large plot set back from the lane, it has parking to the rear accessbile via Mill Lane.
Bridge Fields is one of the most sought after addresses in the village, it has stunning rural views, and is walking distance from countryside and river walks as well as a short walk to local shops and amenities.
It has double glazing and gas central heating throughout with a modern Glowworm boiler which has a gas safety certificate, the current owner has over the last 4 years added insulation and a new roof.
The property is located in the popular village of Kegworth. With excellent transport links, it is within commuting distance of Nottingham, Derby, Leicester and London, with regular trains to St.
Pancras from East Midlands Parkway railway station and close to the M1 motorway.
The village is close to Sutton Bonington Campus of Nottingham University, Roxhill freight hub, East Midlands Airport and DHL, which makes it perfectly located for a buy to let property.
Ground Floor - Kitchen - 4.32m x 2.46m (14'2 x 8'1) - Good sized fitted kitchen with a range of cream gloss wall and base units, an oven with hobtop and extractor fan, sink with mixer tap and drainer, space for an American style fridge freezer, modern dark grey worktops, wood effect flooring and a window allowing in some natural light.
It has an open plan to the dining room which has a lovely garden room extension and patio doors to the rear garden.
There is also access through to a self contained utility room and a storage cupboard. The open plan kitchen diner is a light and spacious room and is the heart of the home.
Dining Room - 4.39m x 1.96m (14'5 x 6'5) - The dining area is open plan to the kitchen and has a continuation of the wood effect flooring and neutral decor.
There is access to the rear garden via sliding patio doors and a garden room extension, a sunny spot ideal for an easy chair or two.
Lounge - 6.76m x 3.07m (22'2 x 10'1) - Very generous lounge with a double aspect, it has a window to the front with views over the front garden and fields beyond.
There are four windows in total allowing in lots of natural light. The lounge has wood effect flooring and neutral decor.
The lounge is large enough to accomodate living and a dining area or office area.
Utility Room/ Wc - 2.41m x 2.13m (7'11 x 7) - Useful utility room with additional storage, a Belfast style sink and a WC.
Bedroom 1 - 4.57m x 3.18m (15 x 10'5) - Generous double bedroom with modern grey carpeting and neutral decor, it has a front facing aspect.
Bedroom 2 - 3.63m x 3.61m (11'11 x 11'10) - Generous double bedroom with modern grey carpeting and neutral decor, it has a rear facing aspect.
Bedroom 3/ Reception Room - 3.43m x 3.30m (11'3 x 10'10) - The third of the ground floor bedrooms is currently laid out as a double bedroom, it has modern carpeting, neutral decor and a front facing aspect.
It has a fitted storage and could be used as an additional reception room like a home office.
Bathroom - 3.40m x 2.31m (11'1" x 7'6" ) - Bathroom with modern three piece white suite comprising a full sized shower bath with shower over and glas shower screen, WC and hand basin.
The bathroom is finished with tiling, modern lino and a ladder style radiator.
First Floor - Bedroom 4 - 5.00m x 3.61m (16'5 x 11'10) - Generous L shaped double bedroom with modern caroeting and neutral decor, it has a double aspect with stunning rural views and is finished with fitted storage.
Bedroom 5 - 17'1 x 16'4 (55'9"'3'3" x 52'5"'13'1") - Generous double bedroom with three double glazed windows providing front and rear views, modern carpeting, neutral decor, fitted storage and eaves storage.
Shower Room - 3.18m x 1.93m (10'5 x 6'4) - First floor shower room with a white suite comprising a shower cubicle with tiling and glass shower door, WC and hand basin.
The bathroom is finished with neutral decor and modern grey lino to the floor. Outside - The home is situated on a generous plot on a pedestrian lane.
To the front of the property is a gate from Bridge Fields leading into the generous front garden, which has a hedged boundary, large area of lawn, shrubs, trees and a pathway to the front door.
There is access at the side of the property to the rear garden. To the rear of the property is the driveway, which is accessed via Mill Lane.
The driveway is extensive and leads up to a standalone, garage and behind the garage is a useful shed. The rear garden has lawns, a hedged boundary, flower beds, shrubs and a patio area.
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 Bridge Fields, Kegworth, Derby
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