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See how verdicts work2-bedroom detached house · DE3 0EL
For saleReduced £5k (−3.2%) on 6 FebListed 1147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IMMEDIATE POSSESSION - NO UPWARD CHAIN.
Circa 1852 former chapel, skilfully converted to provide sizeable accommodation which must be viewed to appreciate the location and size of accommodation on offer.
This delightful detached property is ideal for the first time buyer or investor and is situated close to the village with its array of shops, bars and amenities.
Gas centrally heated and UPVC double glazed throughout, the home briefly comprises; sizeable living area with hallway, dining area and fitted kitchen, guest's cloakroom / Wc, light and spacious sitting rom.
On the first floor a study / landing leads to two bedrooms and bathroom with white suite. Outside, to the front is a paved area. Freehold. Council tax band B. Energy rating C.
Open Plan Dining Hallway - 7.45 x 2.62 extending to 4.73 (24'5" x 8'7" extend - Kitchen Area - Having a range of modern wall, base and drawer units with laminated rolled edge working surfaces, tiled splash backs, ceramic tiled floor, inset black glass four ring ceramic hob with electric oven and grill, canopy extractor hood with down lighter, space and plumbing for automatic washing machine, space for slim line dish washer, inset stainless steel sink top with side drainer, extendable hot and cold mixer tap, two UPVC opaque double glazed windows to rear aspect and dog legged staircase to first floor.
Guests Cloak Room/Wc - Having white two piece suite comprising; low centre flush wc and floating wall mounted wash hand basin nestling on a white high gloss vanity unit with tiled splash backs, ceramic tiled floor, chrome heated towel rail and UPVC opaque double glazed window to rear aspect.
Sitting Room - 5.09 x 2.64 (16'8" x 8'7") - Having laminated wood effect floor, television and media connection points, radiator, ceiling LED down lighters and UPVC double glazed window to front aspect.
First Floor Study Landing - With turned spindle balustrade, laminated wood effect floor, deep bulk head storage cupboard (housing the wall mounted combination gas boiler), radiator and velux double glazed sky light to side aspect.
Bedroom One - 3.86 x 2.84 (12'7" x 9'3") - Having built in wardrobe, laminated wood effect floor, radiator, television connection point, ceiling LED down lighters and UPVC double glazed window to front aspect.
Bedroom Two - 3.18 x 2.71 (10'5" x 8'10") - Having a laminated wood effect floor, radiator, ceiling LED down lighters and UPVC double glazed window to front aspect.
Bathroom - Having modern white three piece suite comprising; low centre flush wc, floating wall mounted wash hand basin nestling on a white high gloss vanity unit and 'P' shaped deep panelled shower bath with feature fixed head mains fed drench shower, together with hand held shower attachment, glass shower screen, complimentary ceramic part tiled walls with contrasting ceramic tiled floor, chrome heated towel rail, ceiling extractor fan and velux double glazed sky light to side aspect.
Outside - To the front is a block paved area and bin store with pebbled area to the side. Please Note - For added security purposes, a burglar alarm system has been installed.
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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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

FAQ
About The Old Chapel, Park Road, Mickleover, Derby
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