2-bedroom terraced house · DE21 2RS
Sold STCListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brought to the market with no upward chain is the two bedroom end of terraced property situated on a pleasant cul-de-sac in the sought after Derby suburb of Oakwood.
Located close to local shops and amenities, the property has the benefit from uPVC double glazing, gas central heating, off-road parking and a good-sized and enclosed rear garden.
In brief, the accommodation comprises; Entrance hallway, a spacious lounge and a modern fitted kitchen having a sliding patio door leading to the rear garden.
Found to the first floor are two bedrooms with the master bedroom having fitted wardrobes, first floor landing and a family bathroom having a three piece suite.
To the front of the property is a lawned foregarden along with a driveway providing off-road parking.
At the rear the property is a good-sized rear garden laid mainly to lawn, patio area, gravel beds and fenced boundaries.
Ivybridge Close is well situated for Oakwood and its range of amenities including shops, schools and transport links together with easy access for Derby City Centre and further road links including the A52, M1 motorway and A50 respectively.
Entrance 2'8" x 5'9" (0.8m x 1.8m) Living Room 13'2" x 11'5" (4.0m x 3.5m) Kitchen 8'10" x 11'7" (2.7m x 3.5m) First Floor Landing 2'8" x 5'9" (0.8m x 1.8m) Bedroom One 10'10" x 8'3" (3.3m x 2.5m) Bedroom Two 8'11" x 6'5" (2.7m x 2.0m) Bathroom 8'1" x 4'9" (2.5m x 1.4m) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
Value & comps
No previous sales on record.
Returns
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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.
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