2-bedroom bungalow · DE24 3DT
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom detached bungalow requiring a scheme of improvement works located in this popular location close to many local shopping amenities. No Chain.
Internally the gas centrally heated and double glazed accommodation comprises, hallway with boiler cupboard, generous living room leading into a kitchen, main bedroom with fitted wardrobes, bedroom two and bathroom with shower over bath.
Externally there is a lawned front garden, long driveway leading to a garage. Enclosed rear garden in need of landscaping.
The bungalow is located close to a local shopping area including a supermarket, frequent public transport service linking to Derby city centre.
An ideal downsize attractively offered for sale with no chain and vacant possession.
Accommodation - Entrance Hallway - Entering the property through a side UPVC double glazed door into a formal hallway with loft access, built-in cupboard housing the combination boiler, radiator.
Living Room - 5.26m x 3.07m (17'3" x 10'1") - A generous reception room having a front facing double glazed bow window with deep sill, gas fire, radiator, door into: Kitchen - 2.64m x 2.46m (8'8" x 8'1") - Appointed with a range of fitted wall and base units with matching cupboard and drawer fronts, laminate works surfaces, tiled splashback, stainless steel sink and drainer, electric oven, gas hob and extractor fan, space for further appliance, door and window to rear, radiator.
Bedroom One - 4.04m x 3.10m (13'3" x 10'2") - A double bedroom having a built-in wardrobe, front facing double glazed window, radiator.
Bedroom Two - 2.64m x 2.16m (8'8" x 7'1") - With rear facing double glazed window, radiator.
Bathroom - 2.64m x 1.42m (8'8" x 4'8") - Appointed with a white three-piece suite comprising a panelled bath with mains chrome shower over, wash hand basin and low-level WC, double glazed window, tiling to splashback areas, radiator.
Outside - Garage - 5.49m x 2.64m (18' x 8'8") - Concrete sectional with main up and over door, side door, window, power and light.
Value & comps
No previous sales on record.
Returns
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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 Hobkirk Drive, Sinfin, Derby
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