2-bedroom bungalow · DE24 0PG
For saleListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Upward Chain - Situated in one of Alvaston’s most sought-after residential areas, this two-bedroom detached bungalow offers spacious accommodation, generous outside space and excellent potential for modernisation.
Although the property would benefit from some updating throughout, it provides a fantastic opportunity for someone looking to create a home to their own taste.
The bungalow benefits from gas central heating, mostly uPVC double glazing, driveway parking, a garage/storage space to the side and a private rear garden.
Upon entering, the hallway provides access to the principal rooms.
The bay-fronted lounge is a bright and welcoming reception room, while the kitchen to the rear provides a versatile space with plenty of scope for reconfiguration and modernisation along with having space for a breakfast table if required.
off the kitchen is a conservatory stretching the rear of the bungalow and offering both additional living space and the option of a utility area.
The master bedroom, positioned to the front of the property, is a spacious double room. The second bedroom is located to the rear, alongside the family bathroom.
To the rear, the private garden is predominantly laid to lawn and benefits from mature shrubs, established planting and fenced boundaries.
To the front, there is a driveway providing off-road parking together with a well-maintained foregarden and front access into the storage garage.
Stiles Road is pleasantly positioned within Alvaston, offering a popular residential setting with a range of local amenities, schools and transport links within walking distance nearby.
The property is also well placed for access to Derby city centre and the surrounding road network.
Living Room 11'11" x 14'3" (3.6m x 4.3m) Kitchen Diner 11'10" x 13'0" (3.6m x 4.0m) Bedroom 1 11'11" x 12'1" (3.6m x 3.7m) Bedroom 2 11'11" x 10'11" (3.6m x 3.3m) Conservatory 24'2" x 6'11" (7.4m x 2.1m) Bathroom 8'6" x 5'5" (2.6m x 1.6m) 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
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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 Stiles Road, Alvaston
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