3-bedroom bungalow · DE74 2JF
Listing removedReduced £25k (−6.3%) on 29 JunListed 162 days
Opportunity summary
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About
Impressive detached bungalow - situated at the very heart of castle donington - three bedrooms - refurbished kitchen/diner.
This well propertioned home has gas centrally heated accommodation comprising side entarnce hall, refurbished open plan kitchen.diner, lounge and garden room.
Additionally three bedrooms and bathroom with a contemporary suite.
The property and town Highly individual and well proportioned detached bungalow which was remodelled and modernised during 2020/2021 and subsequently further enhanced by the current owners.
Briefly this delightful home has accommodation comprising side entrance hall, lovely open plan kitchen/diner which has recently been refurbished, lounge, garden room, three bedrooms and a contemporary bathroom.
Landscaped private gardens with decking and lawn. Double concrete sectional garage with twin manual doors and off road parking. Superbly located for all the local amenities within Castle Donington.
Castle Donington itself is a vibrant location with a high standard of amenities including shops, post office, doctors surgery, pharmacy, super market, pubs and restaurants.
For the commuter East Midlands airport, Parkway railway station and the national motorway network are all readily accessible as are the centres of Nottingham, Derby and Leicester via the 24 hour running Skylink bus service.
Accommodation entrance hall Accessed via a modern composite entrance door. Double glazed side panels.
Utility space Plumbing for washing machine and space above in stack system for tumble dryer boot room Housing the Worcester combination gas boiler and modern electric consumer unit.
Open plan kitchen/diner 19' 7" x 18' 4" (5.97m x 5.59m) Having been refurbished by the current vendors and including a range of replacement units and work surfaces, inset sink and drainer with contemporary style tap over.
Stoves seven ring gas burners with double oven, grill and warming draw. Stoves extractor hood. Integrated dish washer and wine cooler.
Further virtual full height larder unit providing great storage and incorporating a microwave oven. Twin double glazed windows to the front elevation.
Ample space for dining room table, two central heating radiators, laminate flooring. Lounge 14' 3" x 12' 6" (4.34m x 3.81m) With triple aspect double glazed window to front, side and rear elevations.
Two central heating radiators. Central fire place with timber lintel and tiled hearth. Laminate flooring.
Garden room 13' 1" x 8' 7" (3.99m x 2.62m) With bi-fold doors opening to decking area and gardens. Lamanite flooring. Inner hallway With central heating radiator.
Bedroom one 15' 2" x 10' 6" (4.62m x 3.2m) With double glazed window to the side elevation. Central heating radiator.
Bedroom two 14' 4" x 11' 4" (4.37m x 3.45m) With double glazed windows to the rear elevation. Central heating radiator.
Bedroom three 10' 11" x 9' 11" (3.33m x 3.02m) With double glazed window to the side elevation. Central heating radiator. Access to the roof space.
Bathroom With a modern suite in white of free standing bath, wash hand basin and W.C. Separate tiled cubicle housing twin headed and horizontal body jets mains fed shower.
Chrome style heated towel rail, opaque double glazed window to the side elevation, extractor fan.
Outside The property is situated on an elevated plot and is accessed via a short set of steps which leads to a block paved pathway accessing the front entrance door.
There are boundaries of panelled fencing. Stocked flower beds with an array of mature plants and shrubs. To the rear is a concrete base and sectional double garage with galvanised metal roofing.
Twin manual up and over doors, side service door. Block paved driveway provides off road parking, the area being secured by twin hard wood timber hinged gates.
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.
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FAQ
About 1, Park Lane, Derby
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