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See how verdicts work2-bedroom bungalow · DE3 9BU
Sold STCListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the sought after area of Mickleover, this spacious and extended two double bedroomed bungalow offers a spacious lounge with feature bay window, extended fitted kitchen, conservatory and modern shower room.
With ample off-road parking and detached garage, it must be viewed!
Benefitting from uPVC double glazing and gas central heating, the accommodation in brief comprises: Entrance Hall; spacious lounge with feature fireplace and bay window; fitted extended kitchen; conservatory with French doors opening to the rear garden; generous double master bedroom; good sized second bedroom and a well-appointed fitted shower room.
To the front of the property is a neat garden space with lawn and mixed flower and shrubbery beds alongside a driveway providing ample off-road parking and extending alongside the property to a detached garage at the rear.
To the rear is a good-sized enclosed garden with patio seating area, lawn and mixed flower and shrubbery beds.
Wells Road is conveniently located a short distance from local shops, public transport routes, amenities, and doctors’ surgery.
The property also has excellent access to the A38 and A50 road networks leading to the M1 motorway and East Midlands Airport. An internal viewing is recommended.
Entrance Hall Lounge 16'11" x 10'11" (5.2m x 3.3m) Kitchen 15'4" x 8'8" (4.7m x 2.6m) Conservatory 10'6" x 7'6" (3.2m x 2.3m) Bedroom One 15'3" x 10'9" (4.7m x 3.3m) Bedroom Two 9'10" x 8'10" (3.0m x 2.7m) Shower Room 6'3" x 5'6" (1.9m x 1.7m) 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
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 Wells Road, Mickleover
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