2-bedroom terraced house · DE21 7NU
Listing removedReduced £10k (−5.9%) on 6 FebListed 368 days
Opportunity summary
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About
Summary Hall and Benson are pleased to bring to market this two-bedroom, mid-terrace property on the quiet residential area of Ormskirk Rise!
This well-maintained home is perfect for first-time buyers, those looking to downsize or investors alike. Early viewings highly recommended!
Description Ormskirk Rise is a well-maintained two-bedroom, mid-terrace property, situated in a popular residential area of Spondon!
The property comprises of a welcoming hallway, leading to the modern fitted kitchen, offering ample storage throughout with the potential to open up into an open kitchen/dining space!
The bright spacious lounge/dining area is filled with natural light due to the patio doors which open up to the enclosed rear garden!
Upstairs, comprises of two well-proportioned bedrooms and a family bathroom fitted with a contemporary suite including a newly fitted bath with shower over, wash basin and WC.
Outside, the property boasts a delightful private garden to the rear, a perfect spot to unwind!
Residents also benefit from private on-road paring and easy access to local amenities and transport links!
Entrance Hallway Accessed via UPVC front door leading into the hallway with tiled flooring and window to the front.
Lounge 19' 9" x 11' 8" ( 6.02m x 3.56m ) Having laminate flooring, electric fire, understairs storage cupboard and sliding patio door to the rear.
Kitchen 5' 8" x 9' 3" ( 1.73m x 2.82m ) Having tiled flooring, window to the front, wall and base units, gas hob and electric oven.
First Floor Landing Having carpet flooring, airing cupboard and loft access.
Bedroom One 9' 11" x 11' 6" To wardrobe front ( 3.02m x 3.51m To wardrobe front ) Having carpet flooring, a radiator, window to the rear and storage cupboard.
Bedroom Two 11' 8" x 7' 11" ( 3.56m x 2.41m ) Having carpet flooring, window to the front and a radiator.
Bathroom Having tiled flooring, tiled walls, bath with electric shower over, W.C, wash hand basin and a radiator.
Rear To the rear the garden has a decked area with a gravelled section, rear access gate and a shed. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 12, Ormskirk Rise, Derby
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