2-bedroom terraced house · DE21 7NU
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no upward chain, this two-bedroom mid-town house would make an ideal first-time purchase or investment opportunity.
The property benefits from UPVC double glazing, gas central heating, and a garage situated in a nearby block, providing useful additional storage and parking.
Occupying a popular cul-de-sac location, the accommodation briefly comprises: reception hallway, fitted kitchen with built-in oven, hob and extractor hood, and a spacious lounge/diner with a door providing access to the rear garden.
To the first floor are two double bedrooms and shower room with three piece suite. Outside, there are gardens to both front and rear elevations.
A garage is situated in a separate block within close proximity to the property.
Ormskirk Rise occupies a popular no through road location and is conveniently situated for local amenities within Spondon including shops, schools and transport links together with excellent road links with the A52 therefore providing excellent road links for both Nottingham and Derby.
Entrance Hall 9'2" x 5'5" (2.8m x 1.6m) Kitchen 8'1" x 5'8" (2.5m x 1.7m) Lounge Diner 19'1" x 11'8" (5.8m x 3.6m) First Floor Landing 9'10" x 5'9" (3.0m x 1.8m) Bedroom One 9'9" x 11'9" (3.0m x 3.6m) Bedroom Two 7'10" x 11'8" (2.4m x 3.6m) Shower Room 7'4" x 5'6" (2.2m x 1.7m) 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
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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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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 advisors before making any investment decisions.
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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 Ormskirk Rise, Spondon
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