3-bedroom detached house · DE22 2UP
Sold STCListed 200 days
Opportunity summary
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About
An extremely spacious, well positioned, two/three bedroom, detached bungalow located in sought after Allestree.
The property is sold with the benefit of no upper chain and comprises entrance hall, fitted guest cloakroom, fabulous spacious lounge/dining room, study/third bedroom off, kitchen, two good sized bedrooms and a bathroom.
The property occupies an elevated position and benefits from a low maintenance fore-garden with good sized driveway passing through wrought iron gates and leading to a detached garage.
To the rear of the property is a tiered garden with lower level block paved patio, middle level lawn with herbaceous borders and upper level terrace, again with well-stocked borders and a greenhouse.
The garden offers a good degree of privacy. The Location - Accommodation - The property is located in Allestree, a popular suburb north of Derby noted for its excellent amenities.
There is good schooling at all levels, Park Farm shopping centre, further shops along Blenheim Parade and the A6, easy access to excellent transport links and Derby City centre as well as local parks and nature reserve.
Entrance Hall - 3.65 x 1.24 (11'11" x 4'0") - A UPVC double glazed entrance door provides access to L-shaped hallway with central heating radiator and two useful cupboards, one housing the boiler and one housing the hot water cylinder.
Fitted Guest Cloakroom - 1.73 x 0.83 (5'8" x 2'8") - Fully tiled with a white suite comprising low flush WC, corner wash handbasin, central heating radiator and window to side.
Spacious Lounge/Dining Room - 7.24 x 3.60 (23'9" x 11'9") - Featuring a fireplace with brick surround, raised hearth, display mantle and space for an electric fire, two central heating radiators, feature glass block window to side and double glazed sliding patio door to garden.
Study/Bedroom Three - 3.64 x 2.53 (11'11" x 8'3") - With central heating radiator and window to rear.
Kitchen - 3.65 x 2.55 (11'11" x 8'4") - Featuring roll edged preparation surfaces with tiled surrounds, inset sink unit with mixer tap, fitted base cupboards and drawers, complementary wall mounted cupboards, four plate gas hob with extractor hood over and built-in double oven, appliance space suitable for fridge, freezer and washing machine and window and door to side.
Bedroom One - 4.61 x 3.57 (15'1" x 11'8") - Having a central heating radiator and window to front. Bedroom Two - 3.41 x 3.03 (11'2" x 9'11") - With central heating radiator and window to front.
Bathroom - 2.44 x 1.40 (8'0" x 4'7") - Fully tiled with a white suite comprising low flush WC, pedestal wash handbasin, bath with shower over, central heating radiator and window to side.
Outside - To the front of the property is a low maintenance fore-garden with adjacent block paved driveway passing through wrought iron gates and giving access to a detached garage.
To the rear of the property is a lower level patio, mid-level lawn and upper level terrace with greenhouse. The garden has a high degree of privacy. Council Tax Band D -
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.
Area
Agent & docs
FAQ
About Home Farm Drive, Allestree, Derby
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