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See how verdicts work2-bedroom house · DE74 2AP
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coach house style property - two good bedrooms - open plan living/dining kitchen - car port - easily maintainable rear garden.
Offered to the market with no onward chain is this individual coach house style residence.
Briefly the gas centrally heated accommodation includes entrance hall, landing, two bedrooms, bathroom and open plan kitchen/diner.
Externally there is a carport and an easily maintainable rear garden. The property is currently tenanated, generating circa £9,500 annum in rental income.
The property and town Eye catching detached coach house style residence that is offered for sale with no onward chain.
Briefly the gas centrally heated and double glazed accommodation includes entrance hall, landing, two bedrooms, bathroom and open plan living/dining kitchen.
Externally there is carport and easily maintainable rear garden. The property is currently tenanted and generating circa £9,500 per annum in rental income.
Castle Donington itself is a vibrant location with a high standard of amenities including shops, post office, doctors surgery, pharmacy, super market, pubs and restaurants.
For the commuter East Midlands airport, Parkway railway station and the national motorway network are all readily accessible as are the centres of Nottingham, Derby and Leicester via the 24 hour running Skylink bus service.
Accommodation entrance hall With stairs rising to the first floor. Central heating radiator. Landing With uPVC framed double glazed window to the rear elevation.
Central heating radiator, cupboard housing the central heating boiler.
Bedroom one 11' 6" x 10' 9" (3.51m x 3.28m) With uPVC framed double glazed window to the front elevation, central heating radiator, fitted wardrobes.
Bedroom two 9' 5" x 7' 7" (2.87m x 2.31m) With uPVC framed double glazed window to the front elevation, central heating radiator.
Bathroom Comprising a suite in white of panelled bath with shower over, wash hand basin and w.c. Heated towel rail.
Opaque uPVC framed double glazed window to the rear elevation, tiled floor, down lighters. Living kitchen A real feature of the property is this open plan living space.
The kitchen includes a range of units at eye and base level providing work surface, storage and appliance space.
Additionally one and a quarter bowl sink unit with mixer tap over, integrated hob with extractor over, electric oven and fridge/freezer.
Plumbing for washing machine, Karndean flooring in the kitchen area. UPVC framed double glazed window to side and rear elevations.
The lounge area includes carpeted floor, uPVC framed double glazed window to the front elevation. Outside The property has an allocated car port. To the rear an easily maintainable enclosed garden.
The additional two car ports as shown on title plan LT461634 are included in the title register for 63 Spitfire Road, however these each have a 999 year lease (starting 01/01/2012) to adjoining property.
Prior to any legal completion it recommended that advice is taken from your legal advisor quoting title numbers LT457974 and LT457975 respectively.
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
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FAQ
About 63, Spitfire Road, Derby
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