3-bedroom bungalow · DE21 7GB
For saleReduced £10k (−4.2%) on 22 AugListed 816 days
Opportunity summary
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About
Summary Hall & Benson are happy to offer this two/three bedroom bungalow in the sought after location of Spondon, the property is only a short distance from Spondon village which offers a range of local amenities with access to a range of transport links including Spondon train station.
Description We are delighted to offer to the market this two/three bedroom bungalow in the sought after location of Spondon, the property is only a short distance from Spondon village which offers a range of local amenities and brilliant access to a range of transport links including Spondon train station.
The Property benefits from full double glazing, modern fitted kitchen and multi car drive. As well as new kitchen the current owner has added upgrades to the electrics and boiler.
In brief the property comprises of two bedrooms, Lounge, dining room, kitchen, drive to the front and garden to the rear.
The property also offers the possibility to use the living room as a third bedroom. Lounge 12' 9" max x 12' 2" max ( 3.89m max x 3.71m max ) With fitted carpet and patio door to the rear.
Dining Room 12' 2" max x 11' 3" max ( 3.71m max x 3.43m max ) With fitted carpet, window to the side of the property and doorway leading in to the kitchen.
Kitchen A modern fitted kitchen with vinyl flooring, a range of wall and base units, electric hob and oven, room for a dishwasher and windows to the side and rear of the property.
Bedroom 1 10' 4" max x 9' 7" max ( 3.15m max x 2.92m max ) With fitted carpet and window to the front of the property.
Bedroom 2 15' 1" max x 11' max ( 4.60m max x 3.35m max ) With fitted carpet and bay window to the front of the property.
Bathroom With vinyl flooring, bath, walk in shower, low level w/c, wash hand basin and tiled splash back. Outside To the front of the property is a multi car block paved driveway.
To the rear is the properties garden with is part laid to lawn and part patio area with fenced surround. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
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FAQ
About 17, Vancouver Avenue, Derby
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