3-bedroom bungalow · DE21 2HE
Let agreedReduced £45 (−3.5%) on 15 OctListed 21 days
Opportunity summary
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About
DELIGHTFUL POSITION SET BACK FROM ROAD - A recently renovated three-bedroom detached bungalow, occupying a charming position set back from Springwood Drive behind an access road, with pleasant views over a green and mature trees.
The property is also conveniently located within easy reach of Oakwood’s excellent range of local amenities.
The property benefits from uPVC double-glazed windows and a gas central heating system with a combination boiler, installed in 2025.
The accommodation, in brief, comprises: entrance hallway, living room, fitted kitchen, three bedrooms, and shower room.
Externally, the property features a single-width driveway leading to a detached brick-built garage, with gated access to a landscaped south-east facing rear garden.
Accessed via a side entrance, the composite entrance door opens into a welcoming L-shaped hallway, complete with built-in storage, including an airing cupboard and additional cupboard space, loft access, and a central heating boiler, installed in 2025.
This hallway provides access to all rooms. The living room features a brick fireplace with a electric fire and a quarry-tiled hearth.
The recently re-fitted kitchen combines contemporarary units with modern appliances, a stainless steel sink, and a convenient side door.
The primary double bedroom has a front-facing window, while the versatile rear-facing dining room/second bedroom benefits from windows and a uPVC door opening directly onto the rear garden.
The third bedroom is also located at the rear and includes built-in wardrobes. The recently refitted shower room is fitted with a modern suite suite, tiled walls and a towel radiator.
Set back from the road on Springwood Drive in Oakwood, Derby, this bungalow enjoys a peaceful outlook over mature trees and a green area.
Outside, a single-width tarmac driveway provides off-road parking for several vehicles and leads to a detached brick-built garage with an up-and-over door and side access.
Timber gates open onto the private rear garden, which is enclosed and features a paved patio, shaped lawn, planted borders, and a private seating area.
The Location This property on Springwood Drive is set within the popular Oakwood area, known for its family-friendly environment and excellent local amenities.
A selection of well-regarded schools are located nearby, along with local shops, cafes and healthcare facilities.
The area is also well served by public transport, with regular bus routes providing swift access to Derby city centre.
Outdoor enthusiasts will appreciate the proximity to Chaddesden Wood and Oakwood Park, both offering scenic green spaces for walking and recreation.
For commuters, convenient links to the A52 and A38 ensure easy travel to surrounding areas and major transport hubs.
Reservation Fee & Deposit A one-week holding fee is required, which will be deducted from the first month's rent upon successful application.
A five-week security deposit is required, which will be lodged with the Deposit Protection Service (DPS). Landlord ID: 4777942
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Springwood Drive, Oakwood, Derby
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