3-bedroom detached house · DE73 5SL
Let agreedReduced £100 (−6.7%) on 10 SepListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Recently refurbished to a high specification and boasting a modern and stylish interior, is this three-bedroom detached property is available Mid October.
Situated within the sought-after Derby suburb of Chellaston, this stunning property also features ample off road parking with a garage, uPVC double glazing, gas central heating and a low maintenance rear garden.
In brief, the accommodation comprises: Entrance hall with storage cupboard; spacious lounge with dual-aspect windows; separate dining room; modern fitted breakfast kitchen having a range of high-specification integrated appliances.
First floor landing; three good sized bedrooms; modern fitted bathroom.
Outside, the property stands back behind a foregarden and a generous block-paved driveway providing ample off road parking and giving access to the attached garage.
To the rear is an enclosed garden with patio area seating area, outside tap and fence boundaries. Springfield Road is ideally situated just a short drive away from local shops, well-regarded schools.
The property also benefits from excellent road links with the A50 and A6 road networks leading to the M1 motorway and East Midlands Airport.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Springfield Road, Chellaston
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