2-bedroom bungalow · DE24 3AX
Listing removedListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain - semi detached bungalow - two bedrooms - cul de sac location.
Briefly the double glazed accommodation comprises entrance hall, lounge, kitchen, two bedrooms and bathroom. Gardens to front and rear. Great potential to create a home to personal tastes.
Book your viewing now. Property and location A two bedroom semi detached bungalow situated in a cul de sac setting and offered for sale with no onward chain.
The property offers great potential to create a home to personal tastes, our CGI generated images offer some inspiration as to how the property could look!
DE24 3AX is situated in the southern part of Derby, within a well-established residential neighbourhood known for its convenient transport connections and access to key employment and leisure destinations.
The postcode lies close to Alvaston and Pride Park, blending suburban housing with nearby commercial and business facilities.
The area offers a balanced community environment, with a mix of family homes, local shops, schools, and accessible green spaces.
A selection of primary and secondary schools serves the neighbourhood, making it particularly attractive to families, while its connectivity and proximity to major workplaces also appeal to professionals working locally or commuting to surrounding cities.
Entrance hall With door to the front elevation and door leading into the lounge.
Lounge 11' 0" x 15' 6" (3.35m x 4.72m) With uPVC double glazed window to the front elevation, there is a electric fire and doors leading to the kitchen and inner hall.
Kitchen 7' 10" x 8' 4" (2.39m x 2.54m) With two uPVC double glazed windows to the front and side elevation.
There is a range of matching wall with base units incorporating sink with drainer and free standing cooker. Inner hall With door leading to the bedrooms and bathroom.
Bedroom one 11' 0" x 8' 11" (3.35m x 2.72m) With uPVC double glazed window to the side elevation.
Bedroom two 7' 9" x 7' 10" (2.36m x 2.39m) With uPVC door to the rear elevation leading to the rear garden. Bathroom With three piece suite comprising of low level w.c, was hand basin and bath.
There is a uPVC double glazed window to the side elevation. Rear garden With laid to lawn and patio area. Auctioneer notes This property is for sale by Martin & Co Derby powered by iamsold Ltd.
The property is for sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Value & comps
No previous sales on record.
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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 starting price
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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 3, Bicester Avenue, Derby
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