1-bedroom house · DE11 9NH
Listing removedListed 158 days · slow let
Opportunity summary
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About
AVAILABLE IMMEDIATELY - UNFURNISHED - £167.30 HOLDING DEPOSIT REQUIRED - FULL DEPOSIT OF £836.53 REQUIRED ON COMMENCEMENT OF TENANCY, PLUS FIRST MONTHS RENT - DELIGHTFUL ONE BEDROOM DUPLEX PROPERTY - HIGH SPECIFICATION - CAR PARKING SPACE IN NEARBY COURTYARD - COUNCIL TAX BAND A - ENERGY RATING C.
Living Room - 4.84 x 4.22 maximum (15'10" x 13'10" maximum) - Lounge Area - Having radiator, television and media connection points and UPVC double glazed window to side aspect.
Hallway - Having composite and opaque double glazed entrance door. Guests Cloak Room/Wc - Having white two piece suite, radiator and UPVC opaque double glazed window to front aspect.
Kitchen Area - Having a range of fitted wall and base cupboards, inset black glass four ring ceramic hob with electric oven and grill, canopy extractor hood with down lighter, space for fridge freezer, understairs storage cupboard (housing the space and plumbing for automatic washing machine) and staircase to first floor.
First Floor Landing - With UPVC double glazed French door (having Juliette balcony), radiator, storage cupboard (housing the wall mounted combination gas boiler) and access to roof space.
Bedroom - 3.40 x 2.85 (11'1" x 9'4") - Having a television connection point, radiator and UPVC double glazed window to side aspect.
Shower - Having modern white three piece suite with walk in shower, chrome and glass shower cabinet and door, radiator and UPVC opaque double glazed window to front aspect.
Outside - Occupying a private position on Merton Close, having car parking in the near by court yard.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Merton Close, Church Gresley
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