2-bedroom house · DE21 7UG
Sold STCListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** MODERN AND WELL PRESENTED PROPERTY ON A POPULAR DEVELOPMENT **** In brief the property offers a hall, cloakroom, lounge and a kitchen diner with doors onto the garden.
Two first floor bedrooms and a bathroom. Parking and a rear garden, MORE PICTURES AND A VIRTUAL TOUR TO BE ADDED, CALL FOR AN EARLY VIEWING APPOINTMENT.
Hall - Entrance door into the hall with radiator and doors to - Cloakroom - Low flush wc, wash hand basin and a radiator.
Lounge - Upvc double glazed window to the front, radiator and stairs to the first floor. Kitchen Diner - Fitted wall mounted, base and drawer units with work surfaces and a sink and drainer unit.
Fitted oven and hob, space for a fridge freezer and plumbing for a washing machine. Upvc double glazed windows and doors onto the garden and a radiator.
First Floor Landing - Doors to - Bedroom 1 - Upvc double glazed window and a radiator. Bedroom 2 - Upvc double glazed window and a radiator.
Bathroom - Panel enclosed bath, low flush wc, wash hand basin, radiator. Outside - Block paved parking to the front and an enclosed rear garden with paved patio, lawn and a rear gate.
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 Chimley Street, Spondon, Derby
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