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See how verdicts work4-bedroom house · DE21 7SL
Listing removedReduced £2.5k (−0.9%) on 27 MayListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A highly impressive and genuinely deceptively spacious four bedroom, two en-suite, three storey townhouse also featuring a superb kitchen with island, first floor lounge, pleasant low maintenance gardens, sub-divided garage with gym/office and tandem length driveway.
This beautifully presented property offers both UPVC double glazing and gas central heating briefly comprising, large entrance hallway with a cloaks cupboard, dining room, large dining kitchen with island and French doors, to the first floor is the spacious lounge and en-suite bedroom one, to the second floor is en-suite bedroom two with fitted wardrobes, two further single bedrooms and bathroom.
Externally there is a recessed storm porch to the front, a low maintenance garden to the rear with superb patio leading off from the kitchen.
A detached garage is sub-divided into a gym/office accessed from French doors and storage area with traditional up and over door, in front of the garage is a tandem length driveway.
The property enjoys a highly convenient position on a small modern development with ease of access into Spondon's impressive local amenities and facilities including schooling, supermarket, café and popular public houses.
Ease of access can also be sought to Pride Park, the city centre and A52 connecting to Nottingham. A highly impressive home with excellent floorspace.
Accommodation - Ground Floor - Entering the property beneath a recessed storm porch with store area into: Entrance Hallway - A very welcoming and spacious hallway having a built-in double width cloaks cupboard, space for furniture, stairs lead to the first floor with a storage area beneath, laminate flooring throughout, central heating radiator.
Cloakroom Wc - Low level WC and pedestal wash hand basin, laminate flooring, extractor fan, radiator.
Dining Room - 4.22m x 2.64m (13'10" x 8'8") - With open plan access from the hall (double doors could be re-installed) providing ample space for formal dining, tall UPVC double glazed front facing window, radiator.
Dining Ktchen - 4.45m x 4.22m (14'7" x 13'10") - A really impressive large kitchen space featuring an extensive range of fitted cupboards with white drawers and doors, replacement granite effect work surfaces and superb matching island/breakfast bar, stainless steel sink and drainer, tiled walls, electric oven, gas hob and extractor fan, integrated dishwasher and washing machine with space for an upright fridge freezer, laminate flooring, radiator and UPVC double glazed French doors with adjoining picture windows lead to the rear garden.
First Floor - Landing - With access into the lounge and bedroom one, stairs continue to the first floor, radiator.
Lounge - 4.42m x 4.22m (14'6" x 13'10") - A spacious room enjoying an elevated front aspect, twin UPVC double glazed windows, laminate flooring, electric fire, media connections, two radiators.
Bedroom Two - 4.45m x 2.64m (14'7" x 8'8") - A spacious and comfortable double bedroom with twin rear facing UPVC double glazed windows, two radiators and access into: En-Suite - 2.82m x 1.24m (9'3" x 4'1") - Neutrally appointed with a three piece suite comprising a shower cubicle with glazed screen door, mains chrome shower, pedestal wash hand basin and low level WC, vinyl flooring, extractor fan, radiator.
Second Floor - Landing - With loft access, built-in cupboard with hot water cylinder and boiler, radiator.
Bedroom One - 4.42m x 3.38m (14'6" x 11'1") - A second spacious and comfortable double bedroom with fitted wardrobes having sliding mirrored doors, twin front facing UPVC double glazed windows, two radiators and access into: En-Suite - 1.80m x 1.73m (5'11" x 5'8") - A second neutrally appointed en-suite with a three piece suite comprising a shower cubicle with glazed screen door, mains chrome shower, pedestal wash hand basin and low level WC, vinyl flooring, extractor fan, radiator.
Bedroom Three - 2.69m x 2.16m (8'10" x 7'1") - A comfortable single bedroom having a rear facing UPVC double glazed window, radiator.
Bedroom Four - 2.26m x 2.16m (7'5" x 7'1") - A further comfortable single bedroom/home office also with a rear facing UPVC double glazed window, radiator.
Main Bathroom - 2.39m x 1.60m (7'10" x 5'3") - Appointed with a white three piece suite comprising a deep bath with handheld shower attachment and tiled surrounding walls, pedestal wash hand basin and low level WC, vinyl flooring, extractor fan, radiator.
Outside - Externally there is a recessed storm porch to the front, a low maintenance garden to the rear with superb patio leading off from the kitchen.
A detached garage is sub-divided into a gym/office accessed from French doors and storage area with traditional up and over door, in front of the garage is a tandem length driveway.
Office/Gym - 2.90m x 2.64m (9'6" x 8'8") - With UPVC double glazed French doors, laminate flooring, plastered walls, power and light.
Garage - 2.77m x 2.26m (9'1" x 7'5") - Up and over, power and light.
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 Towpath Way, Spondon, Derby
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