2-bedroom house · DE24 3LL
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IDEAL FIRST TIME BUY OR INVESTMENT - A well presented two bedroom mid townhouse located within this most convenient cul-de-sac location, close to excellent local shops and amenities at the Asda District Centre.
The property would be ideally suited to the first time buyer, investor or person looking to downsize.
NO CHAIN INVOLVED The accommodation has the benefit of uPVC double glazing and in brief comprises: living room with open plan staircase to the first floor and dining kitchen.
The first floor landing leads to two well proportioned bedrooms and bathroom with white three piece suite. Outside, the property has a block paved driveway.
There is a delightful enclosed rear garden with patio area, area laid to lawn and a fence panelled boundary.
The Detail - The property opens into an entrance hallway with a cloaks cupboard and open-plan access to the living room.
The living room features a window to the front elevation and an open-plan staircase rising to the first floor. A doorway leads through to the dining kitchen.
The dining kitchen is fitted with oak-effect units, stainless steel handles and granite-effect laminated worktops incorporating a stainless steel sink and drainer.
There is an integrated electric oven with a four-ring electric hob and extractor hood over, along with space and plumbing for a washing machine.
A window overlooks the rear garden, and a door provides direct access outside.
Upstairs, the primary bedroom benefits from two windows to the front elevation and a useful storage cupboard over the stairwell. The second bedroom overlooks the rear garden.
The bathroom is fitted with a white three-piece suite comprising a low-level WC, pedestal wash basin, and a panelled bath with shower over.
Externally, the property enjoys a block-paved driveway to the front. To the rear, there is an enclosed, easy-to-maintain garden with a paved patio, lawn, and fenced panel boundaries.
The Location - Stenson Fields is a popular residential suburb of Derby located approximately five miles south of Derby City centre and is conveniently located within easy access of the Sinfin District Centre, which offers a major supermarket and a range of local shops and amenities including a post office and local health centre, also located close to open countryside offering some lovely walks.
Stenson Marina is located close by and positioned on the Trent & Mersey canal.
There is good access to the A38 and A50 which are located just a few minutes drive away and both these give onward access to the M1 and the main motorway network and East Midlands International Airport.
Aml Verification - In accordance with UK Anti-Money Laundering Regulations, all buyers will be required to complete an identity verification check when an offer is accepted.
A fee of £25 + VAT per purchaser is payable.
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.
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FAQ
About Stornoway Close, Stenson Fields, Derby
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