We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · DE72 3RR
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous light bright and airy two bedroom detached bungalow, situated in a superb cul-de-sac location, within the popular village of Ockbrook.
The property is at a raised elevated, allowing far reaching views toward Leicestershire and beyond.
All the windows and doors are UPVC double glazed and there is a full gas fired central heating system.
To the front is ample off road parking on a wide Tarmac driveway with an adjacent front lawn, plus there is a very useful carport leading to a plastic shed with space for utilities.
To the rear of the property is a beautiful and very private garden, large enough to enjoy yet still easily managed.
The property has a very nice feel about it with lots of natural light and includes a fitted kitchen and a modern and stylish wet room. Croft Close is a great location with good access to rural walks.
There is a footpaths which leads to the Settlement in one direction and to the main road in the other. Here you will find a bus stop, hairdressers, village pub, wine bar and tea room.
Ockbrook also has a Post Office and is within walking distance of Borrowash, where there are a full range of amenities and services.
Kitchen 12' 10'' x 8' 3'' (3.91m x 2.51m) Fitted with a range of base and eye level units including laminate worksurfaces and a ceramic sink drainer.
There is also a large UPVC double glazed window to the front with views, a central heating radiator, space for a small table and chairs and a UPVC double glazed window and door to the side.
Appliance include; an electric oven, four ring electric hob, plumbing for a washing machine and space for a fridge freezer.
Sitting Room 13' 9'' x 13' 5'' (4.19m x 4.09m) A good size room including a feature fireplace with an electric fire, a UPVC double glazed window to the front, a central heating radiator, TV point and space for a dining suite.
Bedroom 1 11' 10'' x 10' 2'' (3.60m x 3.10m) A good size double room overlooking the rear garden including space for a range of wardrobes, a UPVC double glazed window to the rear and a central heating radiator.
Bedroom 2 11' 2'' x 6' 10'' (3.40m x 2.08m) A good size room, currently utilised as a single bedroom, which could work as an ample double room if re-organised.
There is a UPVC double glazed window to the rear garden and a central heating radiator.
Shower Room 8' 2'' x 5' 3'' (2.49m x 1.60m) A superb fully tiled wet room, including a large shower area, a wall hung wash basin and WC.
There is also a chrome heated towel rail, and extractor fan, a lit wall mirror and a UPVC double glazed window to the side.
Outside The property is set a good distance back from the road beyond a Tarmac driveway with an adjacent lawn, which leads to a large carport at the side.
To the rear is a very private garden with a spacious concrete imprinted patio area and a level lawn with well stocked surrounding flower beds.
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
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FAQ
About Croft Close, Ockbrook, Derby
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