2-bedroom detached house · DE21 4QU
Listing removedReduced £45k (−15.8%) on 6 FebListed 409 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary No Onward Chain - an attractive and rare opportunity to purchase a two bedroom detached bungalow in Chaddesden.
Description Ashley Adams are delighted to bring to market this expansive, two bedroom bungalow in the sought after area of Morley Road Chaddesden.
The property is well located, set back from the road offering the new owner privacy and peace. The bungalow offers huge potential, with large bedrooms and an impressive plot with alot of potential.
To the rear of the property is a freestanding garage. The accommodation in brief comprises of; entrance hall, kitchen, lounge, two double bedrooms and wet room.
Chaddesden is a desirable location, just a short distance from Oakwood and Derby City Centre.
The property is close to all local amenities such as doctors, dentists, opticians and schools at all levels. Derby County Football training ground is just a short distance away.
Morley Road has excellent road links providing easy access to the City Centre, A52 and the A61 along with connections to the M1 corridor.
Viewing is highly advised to truly appreciate the accommodation on offer here, and the real potential the property has! Entrance Hall Accessed via UPVC double glazed door to the side elevation.
Doors to all internal rooms. Radiator. Lounge 11' x 16' 1" ( 3.35m x 4.90m ) Having feature gas fireplace. Double glazed UPVC window to the front elevation. Radiator.
Kitchen 7' 1" x 10' ( 2.16m x 3.05m ) Having a range of wall and base units with countertops over. Space and plumbing for all white goods. Double glazed UPVC windows to the front and side elevations.
Bedroom One 20' 1" x 9' min ( 6.12m x 2.74m min ) Having built in wardrobes and double glazed doors to the rear garden. Radiator.
Bedroom Two/ Sitting Area 17' x 7' min ( 5.18m x 2.13m min ) Double glazed UPVC window to the rear elevation. Radiator. Wet Room Having walk in shower, W.C. And hand basin.
Double glazed UPVC window to the side elevation with privacy glass. Radiator.
Outside To the front, the property is set back from the road with an attractive low level brick wall, allowing privacy and security.
There is a driveway with space for at least two cars and the paved area leading to the side access of the property.
To the rear, the garden is largely laid to patio, with a large lawn to the side and freestanding garage. 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.
Burchell Edwards 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.
Burchell Edwards 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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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
Agent & docs
FAQ
About 47a, Morley Road, Derby
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