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See how verdicts work2-bedroom bungalow · DE24 0PS
Sold STCReduced £5k (−2.1%) on 26 OctListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a fantastic position, set back from the road with an especially generous driveway providing ample off-road parking and overlooking an attractive green space, this very well-presented two-bedroom detached bungalow offers spacious and versatile accommodation throughout.
Benefitting from gas central heating via a combination boiler, the property also features a private, enclosed and low-maintenance rear garden, beautifully maintained front gardens and a detached garage.
In brief, the accommodation comprises an entrance hallway, a spacious lounge with contemporary décor, a modern fitted kitchen and a sunroom spanning the rear of the bungalow overlooking the garden.
To the front of the property are two well-proportioned double bedrooms and a modern shower room.
The south-facing rear garden is particularly well presented, being mainly laid to lawn with a seating area, detached garage and garden shed.
To the front, the property enjoys an attractive landscaped garden and a substantial driveway extending alongside the bungalow to the garage.
Elvaston Lane is conveniently located within easy reach of the A6, A50, A52 and M1, offering excellent transport links in and out of Derby.
The property is also ideally positioned for access to nearby footpaths and scenic walks leading towards Elvaston Castle and the surrounding countryside.
Hallway 8'11" x 2'11" (2.7m x 0.9m) Living Room 10'6" x 16'10" (3.2m x 5.1m) Kitchen 7'4" x 10'7" (2.2m x 3.2m) Sunroom 16'4" x 6'10" (5.0m x 2.1m) Bedroom 1 9'10" x 13'7" (3.0m x 4.1m) Bedroom 2 7'11" x 10'5" (2.4m x 3.2m) Bathroom 5'6" x 5'9" (1.7m x 1.8m) 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Elvaston Lane, Alvaston
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