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See how verdicts work2-bedroom house · DE23 3UQ
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a superbly presented, two bedroom, mid-terrace bungalow, aimed at the over 55s, sold on the basis of a 75% shared ownership.
The property provides low maintenance, easy living in a safe and quiet cul-de-sac. It benefits from fore garden and driveway to front.
To the rear of the property is a very pleasant, private garden featuring patio, artificial lawn, woodchip borders, timber fencing and has a pleasant, open outlook.
Internally, the property has a spacious entrance hall, lounge/dining room, two bedrooms, a good sized breakfast kitchen and shower room.
The Location - Heatherton Village is a popular estate in Littleover which benefits from a bus service, parade of shops, easy access into Littleover Village Centre, close proximity to nearby garden centre in Findern as well as the A38 and A50.
Accommodation - Spacious Entrance Hall - 6.14 x 1.06 (20'1" x 3'5") - A panelled and glazed entrance door provides access to spacious entrance hall with central heating radiator, oak flooring and two useful storage cupboards.
Lounge/Dining Room - 4.18 x 3.37 (13'8" x 11'0") - Having a feature fireplace incorporating electric fire, central heating radiator and double glazed sliding patio door to garden offering pleasant views.
Breakfast Kitchen - 3.80 x 2.36 (12'5" x 7'8") - Comprising granite effect worktop, tiled surround, inset stainless steel sink unit, fitted base cupboards and drawers, complementary wall mounted cupboards, inset four plate gas hob with extractor hood over and built-in oven beneath, appliance space suitable for fridge freezer and washing machine, wall mounted Vaillant boiler, central heating radiator and double glazed window to front.
Bedroom One - 4.00 x 3.38 (13'1" x 11'1") - With central heating radiator and double glazed window to front.
Bedroom Two - 3.55 x 2.05 (11'7" x 6'8") - With central heating radiator and double glazed window to rear. There is a countertop incorporating appliance space beneath.
Bathrooom - 2.77 x 1.51 (9'1" x 4'11") - Comprising low flush WC, pedestal wash handbasin, good sized shower cubicle and chrome towel radiator.
Outside - To the front of the property is a lawned fore garden and adjacent driveway providing off-road parking.
To the rear is a very pleasant private garden with attractive open outlook, patio area, artificial lawn, woodchip border, close slat timber fencing and gate.
Tenure - Please note that the property is leasehold sold on a 75% shared ownership basis.
We have been advised by the vendor that the property is subject to an annual fee of £1,227.41 which equates to £102.28 per month.
This covers a care link alarm, British Gas service and buildings insurance. Please note the property is managed by Places for People. There are 104 years left on the lease. Council Tax Band B -
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

FAQ
About Grosvenor Drive, Littleover, Derby
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