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See how verdicts work2-bedroom bungalow · DE55 7LP
For saleListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, two bedroom, semi-detached bungalow occupying a fabulous, semi-rural location in a development for the over 55s.
This is a spacious, semi-detached bungalow on a small development for the over 55s.
The property is sold with the benefit of no upper chain and the accommodation comprises porch, entrance hall, spacious lounge, fitted kitchen, two good sized bedrooms and well-appointed shower room.
The property is set within attractive gardens and backs onto open countryside. This particular bungalow benefits from a private driveway and carport.
The Location - The property's location gives easy access to open countryside and access to the nearby town of Alfreton with an excellent range of amenities including shops and facilities.
The property is also convenient for A38.
Accommodation - Porch - 2.02 x 0.64 (6'7" x 2'1") - A double glazed entrance door with matching sidelights provides access to porch with tiled floor and useful storage cupboard.
Hall - With central heating radiator, access to loft space and door to useful utility cupboard.
Spacious Lounge/Dining Room - 6.05 x 3.90 (19'10" x 12'9") - With fireplace with feature brick surround, tile hearth and electric fire, central heating radiator, TV aerial point and double glazed window to front.
Fitted Kitchen - 3.60 x 2.70 (11'9" x 8'10") - With granite effect worktops, tiled surrounds, inset one and a quarter stainless steel sink unit, fitted base cupboards and drawers, complementary wall mounted cupboards, appliance spaces including slimline dishwasher, fridge freezer and freestanding electric cooker, wall mounted Worcester gas fired boiler, central heating radiator and double glazed window to rear overlooking the communal grounds and wooded area beyond.
Bedroom One - 4.16 x 3.02 (13'7" x 9'10") - With central heating radiator, TV aerial point, fitted wardrobe and double glazed window to front.
Bedroom Two - 3.30 x 2.68 (10'9" x 8'9") - With central heating radiator and double glazed window to rear with pleasant open aspect.
Well-Appointed Shower Room - 2.67 x 2.15 (8'9" x 7'0") - With white suite comprising low flush WC, pedestal wash handbasin, large double shower cubicle, central heating radiator and double glazed window to rear.
Outside - The property is set within attractive gardens to both front and rear. This particular property benefits from it’s own driveway with carport providing car parking for two vehicles.
Tenure - Please note the property is leasehold with a 999 year lease which commenced in 1992.
There property is subject to a monthly service charge of £105.21 which includes grass cutting, window cleaning and building insurance.
The property is also subject to an exit fee, further details available on request. Council Tax Band C -
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 Holly Bank Close, Oakerthorpe, Derbyshire
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