2-bedroom house · DE55 4DD
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A superb stone built barn conversion in this unique mews development of ultra executive barn conversions.
The Marketing Agents strongly recommend purchasers view the property at their earliest opportunity.
The gas fired centrally heated accommodation comprises open plan hallway, lounge open plan to dining area, oak fitted kitchen, two double bedrooms and family bathroom.
Double garage and two allocated parking spaces Communal courtyard situated on the fringe of Riddings Parks in this splendid conservation area.
Entrance Hallway: Part glazed Georgian style entrance door with glazed header over, radiator, meter box cupboard, dog leg stairs rising to first floor, with useful under stairs storage areas, open plan to......
Ktchen: 2.42m x 2.19m (7'11" x 7'2") , Having an Asterite single drainer bowl and a quarter sink unit with mixer tap inset to the work surface, range of oak fronted wall and base units, drawer units, Stoves four ring gas hob with electric fan assisted double oven below, extractor fan to the canopy, part tiled walls, leaded light wall mounted display unit, Baxi Solo gas fired central heating boiler operating central heating and hot water system, fluorescent lighting to ceiling, Myson wall mounted heater, plumbing for washing machine, Georgian style double glazed window enjoys the view over the courtyard and The Granary.
Lounge: 6.64m x 2.85m (21'9" x 9'4") , Two Georgian style UPVc glazed window to the rear courtyard, radiator, attractive mock beams to ceiling with plate rack, four wall light points and TV aerial point.
Dining Room: 2.49m x 2.16m (8'2" x 7'1") , Two UPVc double glazed windows with tiled sill to the Granary and courtyard.
Stairs Rise To And Turn The First Floor: Landing with access to the roof space and six panel doors open to......
Dual Aspect Bedroom 1: 5.47m x 3.83m (17'11" x 12'6") , There is a light and airy feel with the benefit of three windows enjoying a dual aspect with views to the front courtyard and Ridding's Park to the rear.
Two radiators, telephone point, TV aerial point, two ceiling light points.
Bedroom 2: 2.58m x 2.57m (8'5" x 8'5") , A built in cabin style bunk bed with fitted wardrobe to the side Bathroom: 3.25m x 1.65m (10'7" x 5'4") , Containing a three piece white suite comprising a p-shaped shower bath with glass shower screen, pedestal wash hand basin, fully tiled to the shower area, low flush WC, radiator, double glazed Velux roof light and airing cupboard contains the pre-lagged hot water cylinder with shelving over for linen.
Externally To The Front: The property has the benefit of a lovely approach in this communal cobbled courtyard space with cobbled communal area with block paved patio area directly in front of the property, there are two official car parking spaces to the property and there is a communal bin store area.
Externally To The Rear: Electric wrought iron gates opening to the communal parking and garaging area, electric communal exterior lighting.
Viewing: By appointment through Savidge & Brown on , pressing option 2 for residential sales. Postcode: The postcode for the satellite navigation user is DE55 4DD.
Park Mews Management Fee: Please note that there is a Riddings Park Mews Residents Association and there is a service charge levied of £500.00 per annum for the maintenance of the communal areas which is to be paid annually in December.
Offer Procedure: Before contacting a Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs.
Under the Estate Agency Act 1991 you will be required as soon as possible from making an offer to provide us financial information in order to verify your position before we can finally recommend your offer to the vendor.
We will also require proof of identification in order to adhere to Money Laundering Regulations. These particulars do not constitute any offer or contract nor any part thereof.
Anti-Money Laundering Procedure: In accordance with the UK Money Laundering Regulations, we are required to carry out Anti-Money Laundering (aml) checks on all buyers.
This includes identity verification, sanctions screening, and Politically Exposed Persons (pep) checks, along with ongoing monitoring.
A fee of £36.00 per person (inclusive of VAT) will be payable to cover the cost of these checks.
Buyers will be required to provide proof of identity, proof of address, and evidence of the source of funds before we can proceed with the sale.
Disclaimer: Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office.
Services: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification.
Measurements: Please note all the measurement details are approximate and should not be relied upon as exact.
Services: All mains gas, water, electric and drainage services are connected to the property.
Broadband: The following information has been taken from Ofcom: Standard: Highest available download speed - 17Mbps Highest available upload speed - 1 Mbps Ultrafast: Highest available download speed - 10000 Mbps Highest available upload speed - 10000 Mbps Mobile Phone Coverage: The following information has been taken from Ofcom: EE - Good outdoor O2 - Good outdoor 3 - Good outdoor Vodafone - Good outdoor Flood Risk: The following information has been taken from gov.UK: Yearly chance of flooding - Very low Yearly chance of flooding between 2040 and 2060 - Very low
Value & comps
No previous sales on record.
Returns
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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
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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.
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