2-bedroom bungalow · DE21 7GL
For saleReduced £10k (−9.1%) on 17 SepListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-presented two-bedroom bungalow situated in a popular residential location within Spondon, offering a spacious living room, fitted kitchen, shower room, enclosed low-maintenance rear garden and no upward chain.
Ideal for downsizers, retirees or those seeking single-storey living.
Description Occupying a pleasant position within a sought-after residential development in Spondon, this two-bedroom bungalow offers well-proportioned accommodation throughout and is available with no upward chain.
The property is entered via a central hallway providing access to all rooms.
To the front elevation is a spacious living room featuring a decorative fireplace and large window allowing for excellent natural light.
The fitted kitchen is positioned to the rear and comprises a range of wall and base units, work surfaces and useful pantry/storage facilities.
There are two bedrooms, with the principal bedroom offering generous proportions and the second bedroom lending itself to use as a guest room, study or hobby room.
The shower room is fitted with a shower area, wash hand basin and WC. Externally, the property benefits from an attractive frontage with lawned communal areas and pathway access to the entrance.
To the rear is an enclosed low-maintenance garden/courtyard providing a private outdoor space requiring minimal upkeep.
Gascoigne Drive is conveniently positioned for local shops, amenities, public transport links and access to Derby city centre.
The property represents an excellent opportunity for purchasers seeking comfortable single-storey accommodation within a well-established location.
Front Set within a pleasant residential development, the bungalow benefits from lawned communal areas, pathway access to the entrance door and an established low-maintenance frontage.
Entrance Hall Providing access to all principal rooms, with useful built-in storage cupboards.
Living Room A bright and welcoming reception room featuring a large front-facing window and decorative fireplace with timber surround, providing ample space for both seating and living room furniture.
Kitchen Fitted with a range of wall and base units with work surface over, stainless steel sink and drainer, appliance spaces and rear-facing window.
Bedroom One A generous double bedroom positioned to the rear elevation with space for bedroom furniture and enjoying views over the rear garden area.
Bedroom Two A versatile second bedroom ideal as a guest bedroom, home office or hobby room, with window to the front elevation.
Shower Room Fitted with a wet-room style shower area, wash hand basin and low-level WC. Obscure glazed window provides natural light and ventilation.
Rear External The rear garden is enclosed by brick boundary walls, creating a private and secure outdoor space.
Designed for ease of maintenance, the garden provides ample room for outdoor seating and includes a rotary washing line, making it an ideal space for relaxing and everyday use.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 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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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 40, Gascoigne Drive, Derby
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