2-bedroom terraced house · DE24 0TG
Sold STCListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Upward Chain A beautifully presented, two-bedroom, mid terrace property, upgraded by the current owners to an exceptional standard and located in a popular area of Alvaston and ideal for first time buyers.
Featuring upgraded uPVC double glazing throughout, gas central heating, a recently upgraded kitchen, a landscaped rear garden and parking to the side - it will make a fantastic first home!
In brief the accommodation on offer comprises; entrance hall, living room to the front with a feature gas fireplace, a stunning fitted kitchen to the rear with fully integrated appliances including a fridge/freezer, dishwasher, oven, hob, a microwave, a fantastic pantry larder cupboard and leading through into a conservatory with full length fitted blinds, French doors to the garden and a downstairs W.C with space and plumbing for the washing machine.
To the first floor are two bedrooms, both with fitted wardrobe space and the family bathroom with shower over bath.
The property benefits from gas central heating by way of a combination boiler and upgraded uPVC double glazing throughout along with newly replaced guttering and fascia's.
Externally to the front of the property is a tidy gravelled frontage and to the right of the property on the end of the row is parking along with gated access to the rear.
The garden is south facing and has been beautifully landscaped with artificial grass, a decked seating area and a garden shed, along with new fenced boundaries.
Appian Way is very conveniently located within Alvaston giving easy access to the A50 and A6, good local schools, shops, Elvaston Castle and its lovely walks and grounds, Keldholme Lane park and other local amenities.
Hallway 4'5" x 4'4" (1.4m x 1.3m) Living Room 14'10" x 10'1" (4.5m x 3.1m) Kitchen 9'2" x 13'1" (2.8m x 4.0m) Sunroom 8'6" x 8'10" (2.6m x 2.7m) Bedroom 1 9'3" x 13'3" (2.8m x 4.0m) Bedroom 2 11'3" x 6'8" (3.4m x 2.0m) Bathroom 5'6" x 6'3" (1.7m x 1.9m) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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
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FAQ
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