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See how verdicts work2-bedroom bungalow · DE7 8JA
Listing removedListed 447 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two-bedroom detached bungalow situated on a corner plot, featuring a spacious kitchen diner, modern shower room, garage, and a convenient driveway.
The property boasts a desirable location with no onward chain, making it an ideal home in a popular area. Gas central heating and Double glazing and gardens to the front and rear aspects.
Positioned in a popular residential location, with easy access to local shops, schools and amenities and transport links into Nottingham and derby city centres.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. ILK250204/8 Inner Hall Dg entrance door.
Doors leading to bedrooms one and two, lounge, shower room and kitchen/diner.
Dining Kitchen (4.3m x 3m) Having built in seating /dining area with storage under, recess for washing machine, built in fridge/freezer, door to inner hallway, dg window to the side aspect, radiator to the wall, part tiled walls, dg window to the front aspect and door to the side, a range of eye, base and drawer storage units four ring gas cooker.
Bedroom 1 (3.6m x 4.53m) With dg to the front aspect, radiator to the wall, Fitted triple wardrobes and dressing table area, glass brick feature window to the front aspect, laminate flooring.
Bedroom 2 (2.94m x 2.77m) Dg window to the rear aspect, radiator to the wall.
Shower Room (3.5m x 1.9m) Wash hand basin, WC, ladder effect heated towel rail, walk in shower with electric shower and dg window to the rear.
Lounge (3.18m x 2.89m) Dg window to the front aspect, brick fire surround, radiator to the wall, laminate flooring, electric fire.
Corner Plot With a private seated area, access to the garage, gates leading to driveway, security lighting, water supply. Garage (2.7m x 5.64m) Detached with electric fob and roller shutters.
Parking And Driveway Having driveway parking for two vehicles, and gardens with plants and shrubs and gated access to the rear garden and garage.
Tenure Freehold Erewash Borough Council Band C EPC Rating D Buyer Guide
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
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FAQ
About 89, Springfield Gardens, Derbyshire
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