2-bedroom semi-detached house · DE73 6XF
Listing removedListed 131 days
Opportunity summary
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About
NO ONWARD CHAIN Tucked away within a highly sought after cul-de-sac in the ever popular suburb of Chellaston, this two-bedroom semi-detached home presents an excellent opportunity for first time buyers, investors or those looking to create a home tailored to their own tastes.
Requiring a degree of modernisation, the property offers fantastic scope for improvement and exciting potential to extend, subject to the necessary planning permissions.
The accommodation begins with an entrance porch leading into a spacious and versatile lounge/dining room, providing an ideal setting for both everyday living and entertaining.
The fitted kitchen offers ample storage and workspace, with the potential to incorporate a cosy breakfast nook, whilst also benefiting from direct access to the rear garden.
To the first floor, the landing leads to two well proportioned bedrooms (double bedroom with built-in storage) and a comfortable single bedroom, both served by a fitted bathroom.
Outside, the property enjoys a small , lawn foregarden alongside a driveway providing convenient off road parking.
A secure side gate leads to the enclosed rear garden, which is predominantly laid to lawn and complemented by a patio seating area, mature borders, garden shed and secure fencing, creating a private outdoor space with plenty of potential for further landscaping or extension.
Ideally located, Redmires Drive is within easy reach of a wide range of local amenities including shops, highly regarded schools and regular public transport links into Derby City Centre and surrounding areas.
Commuters will appreciate the excellent transport connections, with straightforward access to the A50, A52 and M1 motorway network, as well as East Midlands Airport and major employers such as Rolls-Royce.
Offering space, potential and a desirable location, this property presents an exciting opportunity to add value and create a wonderful home in one of Derby's most popular residential areas.
Entrance Porch 3'8" x 2'3" (1.1m x 0.7m) Lounge/Diner 16'7" x 11'8" (5.0m x 3.6m) Kitchen 11'7" x 8'6" (3.5m x 2.6m) First Floor Landing 6'6" x 5'11" (2.0m x 1.8m) Bedroom One 11'8" x 11'6" (3.6m x 3.5m) Bedroom Two 13'6" x 6'6" (4.1m x 2.0m) Bathroom 8'6" x 4'11" (2.6m x 1.5m) Buyers Information 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £25 (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
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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 Redmires Drive, Chellaston
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