2-bedroom terraced house · DE21 7JB
Let agreedListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly decorated spacious 2 bedroomed unfurnished 3 storey, end town house with gas central heating, upvc double glazing & garage. The Acc.
Comprises: Utility, downstairs w.c, lounge, dining kitchen, 2 double bedrooms & shower room. To the rear is an enclosed, low maintenance garden.
The Accommodation comprises: Upvc part glazed front entrance door to - Entrance Hall With upvc double glazed window to entrance door, 2 x single central heating radiators, new door matting flooring, smoke alarm and courtesy door to garage.
Utility (3.66m max x 2.54m (12'0" max x 8'4" )) With upvc double glazed window to rear, single central heating radiator, white pedestal washbasin with tiled splashback, upvc part double glazed door to garden, gas combination boiler and new grey tile effect vinolay flooring.
Downstairs W.C. With white low level w.c, upvc double glazed obscured window to rear and new grey tile effect vinolay flooring.
Stairs & Landing (To First Floor) With single central heating radiator, beige fitted carpet, wooden obscured window to garden room and smoke alarm.
2 cupboards off, one with shelving and one with hanging rail.
Lounge (4.95m x 3.66m (16'3" x 12'0")) With 2 upvc double glazed windows to front, double central heating radiator, telephone point, television aerial, curtain pole and beige fitted carpet.
Dining Kitchen (3.61m x 2.74m (11'10" x 9'0")) With range of cream base and wall units, new grey square edge worktops with tiled splashback, inset 1 1/2 bowl stainless steel sink and drainer unit, upvc double glazed window to rear, Integrated new electric single oven with gas hob and extractor hood over.
Single central heating radiator and new grey tile effect vinolay flooring.
Stairs & Landing (To Second Floor) With single central heating radiator, new grey fitted carpet, loft access and smoke alarm.
Bedroom 1 (3.68m x 3.66m max (12'1" x 12'0" max)) With 2 upvc double glazed windows to front, single central heating radiator, new grey fitted carpet, telephone point, and 2 curtain poles.
Bedroom 2 (3.66m x 2.77m (12'0" x 9'1")) With upvc double glazed window to rear, single central heating radiator, new grey fitted carpet and curtain pole.
Shower Room With new 3 piece white suite consisting of a vanity washbasin, low level w.c, walk in shower unit with electric shower.
Chrome central heating towel radiator and grey laminate effect vinolay flooring. Garage With up and over door, power and lighting.
Outside To the front of the property is a garage with up and over door. To the rear of the property there is an enclosed, low maintenance garden.
Additional Information Holding deposit £150.00 - This is taken to secure the property whilst references are carried out. This will then be used towards the initial rent/deposit payment.
Some pets may not be allowed.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 11, Locko Court, Spondon
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