3-bedroom detached house · DE22 2BQ
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the much sought after area of Allestree, just a short walk from the popular Park Farm Shopping Centre and high regarded local schools, this spacious three-bedroom detached home is offered for sale with no upward chain.
With a generous lounge, separate dining room and good sized kitchen, it has the potential to create a fantastic family home.
Benefitting from uPVC double glazing and gas central heating, the accommodation in brief comprises: Entrance Hall; spacious lounge with feature central fireplace and sliding doors giving access to the separate dining room; a good sized timber conservatory; fitted kitchen with pantry store cupboard; first floor landing; three well proportioned first floor bedrooms; a fitted bathroom and separate W.C.
To the front of the property is a garden space with mature flower and shrubbery beds and privacy hedges alongside a driveway providing ample off road parking and giving access to the detached garage at the rear.
To the rear is a good sized mature garden space with patio seating areas, mature shrubs and hedges.
Farnway is situated in a popular and well-established residential area of Allestree, known for its excellent schools, parks, and amenities.
It is conveniently located close to local shops, restaurants, and transport links, making it an ideal location for families and professionals alike.
Entrance Hall Lounge 12'3" x 11'3" (3.7m x 3.4m) Dining Room 10'7" x 9'10" (3.2m x 3.0m) Conservatory 8'0" x 7'11" (2.4m x 2.4m) Kitchen 10'11" x 8'8" (3.3m x 2.6m) First Floor Landing Bedroom One 11'5" x 10'11" (3.5m x 3.3m) Bedroom Two 10'11" x 9'4" (3.3m x 2.8m) Bedroom Three 7'9" x 7'6" (2.4m x 2.3m) Bathroom 7'8" x 5'0" (2.3m x 1.5m) Separate W.C 4'9" x 2'10" (1.4m x 0.9m) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
Value & comps
No previous sales on record.
Returns
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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 Farnway, Darley Abbey
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