2-bedroom bungalow · DE5 9RR
For saleListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NEEDLESS TO SAY, YOU NEED TO VIEW NEEDHAM!
*** This stunning 2 bedroom detached bungalow is ready to move into and boasts spacious, light and airy living space perfect for those who want life on one level with no hassle!
The beautifully presented and maintained accommodation comprises of an entrance hallway, lounge/dining room opening into a conservatory, 2 double bedrooms, shower room, fitted kitchen/dining room and a utility room.
Outside is a private driveway giving access to an integral garage and at the rear a low maintenance private and enclosed garden provides outside space.
Located in a popular residential area close to many amenities and great for access to the A610 and Heanor and Ripley town centres. Call our sales team today to book your viewing!
Entrance Hall Composite entrance door, radiator and doors to lounge, kitchen and both bedrooms.
Lounge 7.18m x 3.73m (23' 7" x 12' 3") UPVC double glazed window to the front, radiator, feature fireplace with inset gas fire, Karndean flooring, French door to conservatory.
Dining Kitchen 3.53m x 3.52m (11' 7" x 11' 7") A range of wall base units with worksurfaces incorporating an inset stainless steel sink & drainer unit.
Integrated appliances including double electric oven, electric hob, and fridge freezer.
UPVC double glazed window to the rear, tiled flooring, plumbing for washing machine and dryer, ceiling spotlight, wall mounted boiler, radiator and door to utility and rear garden.
Utility Tiled flooring. Bedroom 1 3.53m x 2.93m (11' 7" x 9' 7") UPVC double glazed window to the front, fitted wardrobes and radiators.
Bedroom 2 3.52m x 2.93m (11' 7" x 9' 7") UPVC double glazed window to the rear, fitted wardrobe and radiator.
Bathroom White four piece suite comprising wc, vanity sink, panel bath and mains fed cubicle shower.
Obscured uPVC double glazed window to the front, chrome heated towel rail and ceiling spotlights. Garage Singe garage, fitted with power and electric roller up doors.
Outside To the front of the property are double wrought iron gates giving access to a paved driveway, garage, entrance door and timber gate to the rear.
To the rear of the property is a paved patio area palisaded by a mixture of brick walls and timber fencing.
*** AGENT NOTE *** AGENT NOTE: The seller has provided us with the following information; The gas boiler is located in the utility room and is seventeen years old.
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
Agent & docs
FAQ
About Needham Street, Codnor, Ripley, DE5
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