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See how verdicts work3-bedroom semi-detached house · DE21 7DZ
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a cul-de-sac in the popular Spondon area of Derby, this well-maintained three-bedroom semi-detached house offers well-proportioned accommodation, off-road parking and an established rear garden.
The property includes an open plan lounge dining room, fitted kitchen, a first-floor bathroom and an integral garage, with a wonderful, enclosed rear garden, making it a practical option for families and first-time buyers.
The property comprises an entrance porch, hallway, lounge area with stone fireplace, dining area with access to the rear garden, fitted kitchen and integral garage.
Upstairs are three bedrooms, including two doubles and a single bedroom/study, along with a family bathroom with bath and shower over, WC and wash basin.
Outside, the property has a lawned front garden and a block-paved driveway providing off-road parking and access to the garage.
The established rear garden is a particular feature, offering a lawn, mature planting, gravelled and paved sections, and a seating area beside the house.
The varied planting creates an attractive outlook from the rear rooms and provides plenty of scope for keen gardeners.
The property is well placed for a wide range of shops, schools and everyday amenities available within Spondon.
The area also offers convenient road connections to Derby city centre and the surrounding road network. An internal viewing is highly recommended to appreciate the accommodation and garden on offer.
Porch 6'10" x 2'8" (2.1m x 0.8m) Hallway 13'6" x 6'3" (4.1m x 1.9m) Lounge/Dining Room 23'6" x 11'1" (7.2m x 3.4m) Kitchen 9'9" x 7'11" (3.0m x 2.4m) Landing 9'4" x 5'9" (2.8m x 1.8m) Bedroom One 11'7" x 9'7" (3.5m x 2.9m) Bedroom Two 9'9" x 9'6" (3.0m x 2.9m) Bedroom Three 8'2" x 7'10" (2.5m x 2.4m) Bathroom 7'11" x 5'5" (2.4m x 1.6m) Garage/Store 24'2" x 8'5" (7.4m x 2.6m) 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. 6.
Additional AML Charges may apply for complex cases, including trusts, overseas companies, overseas owners, or company structures requiring enhanced due diligence and verification.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Farningham Close, Spondon
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