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See how verdicts work2-bedroom semi-detached house · DE73 6PD
Sold STCReduced £10k (−4.8%) on 26 OctListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN This deceptively spacious two double bedroom semi-detached home offers a superb move-in-ready opportunity.
Occupying a generous corner plot in a pleasant cul-de-sac within the highly popular Chellaston area, the property offers well proportioned accommodation, ample parking and an established rear garden - ideally suited to first time buyers, young professionals or investors.
The accommodation briefly comprises: Entrance hall; ground floor cloakroom/WC; generous lounge/diner offering a comfortable and versatile space in which to relax or entertain; well appointed breakfast kitchen fitted with a range of units and incorporating a useful breakfast nook and direct access into the rear garden; a good size understairs pantry provides valuable additional storage.
To the first floor are two well proportioned double bedrooms, both served by a fitted bathroom.
The principal bedroom is positioned to the front of the property and benefits from a useful built-in overstairs storage cupboard, while the second double bedroom provides further flexible accommodation.
Outside, occupying a corner position, the property benefits from a tarmac driveway to the side providing ample tandem parking, together with gated access to the rear garden.
A paved pathway leads from the driveway to the front entrance, with a small lawned area completing the frontage.
To the rear is a good size enclosed garden, predominantly laid to lawn and complemented by mature established shrubbery and well stocked flowerbeds.
A paved patio provides an ideal seating area for outdoor dining and entertaining, while an outside tap adds further practicality.
Pingreaves Drive is ideally situated within the sought after Chellaston area, offering convenient access to a wide range of local amenities.
Nearby are a variety of shops, supermarkets, eateries and highly regarded schools, together with childcare facilities and everyday conveniences.
Excellent transport links provide straightforward access to major road networks and public transport services, making the location particularly appealing for commuters.
A selection of leisure facilities, green open spaces and attractive countryside walks are also close at hand, providing an excellent balance between convenience and outdoor recreation.
Offering spacious and versatile accommodation, generous parking and an established garden, this appealing two-bedroom semi-detached home represents an excellent opportunity for those seeking a ready-to-move-into property in a popular and well connected Derby suburb - viewings are highly recommended to fully appreciate the space and position of the property on offer.
Entrance Hall 9'3" x 3'1" (2.8m x 0.9m) Cloakroom/WC 5'1" x 2'11" (1.6m x 0.9m) Lounge/Diner 17'11" x 11'4" (5.5m x 3.5m) Breakfast Kitchen 14'9" x 8'8" (4.5m x 2.6m) Pantry/Storage Area 7'9" x 3'1" (2.4m x 0.9m) First Floor Landing 9'9" x 6'4" (3.0m x 1.9m) Bedroom One 14'9" x 8'2" (4.5m x 2.5m) Bedroom Two 14'11" x 7'11" (4.5m x 2.4m) Bathroom 7'1" x 6'7" (2.2m x 2.0m) Buyer Information 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (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. 6.
Additional AML Charges may apply for complex cases, including trusts, overseas companies, overseas owners, or company structures requiring enhanced due diligence and verification.
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
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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
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FAQ
About Pingreaves Drive, Chellaston
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