2-bedroom house · S6 6BE
Sold STCListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** CHAIN FREE ** FREEHOLD PROPERTY ** SEMI-RURAL LOCATION ** Occupying a substantial sized plot on a highly sought after road in Stannington is this charming two double bedroom detached bungalow which is offered to the open market with no onward chain.
A rare and exciting opportunity, as this will be the first time the property is available on the open market since originally built, the property has obvious potential to be fully renovated, extended or potentially even replaced by a new build house subject to the normal planning consents.
It has been well maintained over the years, and benefits from gas central heating with a modern boiler, timber double glazed windows, and generous off road parking.
Briefly the accommodation comprises an inner porch which leads into an entrance hall, a 19ft lounge that has dual aspect windows and a stone fireplace, two double bedrooms which each have fitted cupboards, a bathroom that has a suite which includes a bath and a separate shower enclosure, and a kitchen diner that has space for a small table and chairs along with a pantry, and access to the rear garden.
Outside - The extensive sized plot features two separate driveways, a detached single garage, and a small garden area to the front of the property.
At the rear is a fabulous sized east facing garden which comprises a paved sun terrace, lawn areas, an orchard, planted beds, a timber shed, and a brick-built outbuilding.
Location - Offering a range of superb local amenities, and excellent transport links including key bus routes into the city centre and neighbouring areas.
There are several wonderful green spaces to explore on the doorstep, including the Loxley and Rivelin Valleys, while the glorious outdoor scenery of the Peak National Park is a short distance away.
Material Information - The property is Freehold and currently Council Tax Band D. Valuer - Chris Spooner ANAEA
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
Agent & docs
FAQ
About Greaves Lane, Stannington, Stannington
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