We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom property · DE21 7NG
Listing removedReduced £20k (−10%) on 8 AugListed 306 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Hall and Benson are pleased to bring to market this three-bedroom, semi-detached property in the heart of Spondon, offering huge potential for renovation and customization.
This spacious home is ideal for buyers seeking a project, investors, or anyone looking to put their own stamp on the property!
Description Nottingham Road, offers a traditional layout with an entrance hallway, a front reception room, a second living/dining room and a kitchen with access to the rear garden.
Upstairs, the property features three well-proportioned bedrooms and a family bathroom.
The home currently has no central heating, giving the opportunity to fully update and reconfigure to suit your needs.
Outside, the property benefits from a private driveway to the front and a mature rear garden, providing excellent outdoor space with potential for landscaping, extensions (subject to planning), or simply creating a peaceful retreat.
Located close to Spondon village, schools, amenities and transport links, this property offers convenience as well as fantastic scope for improvement.
To The Front Having a driveway with a side gate leading to the rear of the property. The front UPVC door opens into the entrance hallway.
Entrance Hallway 8' 6" x 4' 10" ( 2.59m x 1.47m ) Having a front aspect double-glazed window with handy understair storage, a pantry cupboard with a rear aspect window and a gas wall heater.
Reception Room One 11' 1" x 15' ( 3.38m x 4.57m ) Having a double-glazed front aspect bay window with fitted carpet and an electric fire.
Reception Room Two 13' x 12' 3" ( 3.96m x 3.73m ) Having a double-glazed rear aspect window with fitted carpet and a gas fire.
Kichen 6' 8" x 9' 5" ( 2.03m x 2.87m ) Having a double-glazed rear aspect window.
Kitchen is fitted with a selection of wall and base units with a gas hob, an electric oven and tiled flooring Landing Having fitted carpet and access to the attic space.
Bedroom One 13' 1" x 12' 4" ( 3.99m x 3.76m ) Having a rear aspect double-glazed window and fitted carpet.
Bedroom Two 9' 2" x 9' 1" ( 2.79m x 2.77m ) Having a front aspect double-glazed window and fitted carpet.
Bedroom Three 11' 4" x 11' 8" ( 3.45m x 3.56m ) Having a front aspect double-glazed window and fitted carpet. Bathroom Having a rear aspect double-glazed window with fitted carpet.
Suite includes a bath, low-level WC and a handwash basin. Airing cupboard housing the water tank. To The Rear Spacious rear garden with grass lawn and a handy outdoor WC. 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: Connells 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: Connells 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
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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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.
Area
Agent & docs
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FAQ
About 49, Nottingham Road, Derby
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