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See how verdicts work4-bedroom bungalow · DE24 0GD
For saleReduced £10k (−2.9%) on 26 OctListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO UPWARD CHAIN PREMIER PROPERTY * Sitting on a corner plot is this deceptively spacious three-bedroom, detached bungalow located in the highly popular area of Alvaston.
Offering spacious living accommodation throughout and a very well-presented interior which has been upgraded and improved extensively throughout by the current owner, this extended property occupies a generous plot and features off road, driveway parking with two double garages, a private and enclosed garden, uPVC double glazing, gas central heating, oak internal doors to all rooms, ample internal storage, bespoke radiators, fitted wardrobes from Hammond’s and a burglar alarm with CCTV system.
In brief, the accommodation comprises; entrance hallway, a boot room/drying room, a spacious lounge, a conservatory overlooking the rear garden, inner hallway having fitted storage units, a modern fitted kitchen having a built in water filter, separate utility room, a study/fourth bedroom, three bedrooms with one of the bedrooms being currently used as a dressing room, bedroom two has an ensuite and the master bedroom has an additional room off it that is plumbed for a master ensuite ready to be fitted by the new owner; along with a family bathroom having a four piece suite and under floor heating.
At the front of the property is a driveway providing off road parking for multiple vehicles, an alarmed double garage with electric rolling doors and a side access door.
The side of the property can be accessed via a secure side gate giving access to a lawned garden, with a bike shed, garden shed and access via a sliding gate off Boulton Lane providing ample additional parking (ideal for a motorhome/van) and another double garage currently used as a workshop.
Rockhouse Road is ideally located just off Boulton Lane in a sought after area of Alvaston and this fantastic bungalow must be viewed to truly appreciate the standard and size of accommodation on offer.
Entrance Hall 15'3" x 7'8" (4.7m x 2.3m) Lounge 14'5" x 11'1" (4.4m x 3.4m) Kitchen 10'0" x 9'10" (3.0m x 3.0m) Conservatory 12'6" x 8'5" (3.8m x 2.6m) Boot Room/Drying Room 4'3" x 5'4" (1.3m x 1.6m) Bedroom 12'2" x 13'8" (3.7m x 4.2m) W.C/ Potential En-Suite 7'1" x 6'0" (2.2m x 1.8m) Bedroom 9'10" x 8'11" (3.0m x 2.7m) En-Suite 6'9" x 3'11" (2.1m x 1.2m) Bedroom/Dressing Room 9'3" x 10'8" (2.8m x 3.2m) Bedroom/Study 12'10" x 4'6" (3.9m x 1.4m) Max Measurements are 12'10 x 10"0 (L Shaped Room) Bathroom 6'1" x 8'7" (1.9m x 2.6m) Bike Store 15'9" x 2'8" (4.8m x 0.8m) Garage 17'6" x 15'9" (5.3m x 4.8m) Workshop/Garage 16'0" x 16'4" (4.9m x 5.0m)
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Rockhouse Road, Alvaston
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