4-bedroom detached house · DE72 3SH
Sold STCListed 389 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO UPWARD CHAIN Spacious detached chalet bungalow with a south facing rear garden, situated in an excellent location within the popular village of Ockbrook.
The property will require a full scheme of modernisation to meet its full potential, however has a new gas central heating boiler and is fully UPVC double glazed.
There is a spacious bedroom on the ground floor with an adjacent bathroom, a second bedroom with a door leading out the the garden and a further two bedrooms on the first floor with a shared WC.
The property sits on a good size plot, has a spacious fore garden which could be landscaped to create further off road parking, a driveway at the side with access to a detached garage and a large three tier private rear garden.
Kitchen - 3.1m x 2.39m (10'2" x 7'10") Dining Room - 3.1m x 2.39m (10'2" x 7'10") Max Sitting Room - 5m x 3.81m (16'5" x 12'6") Bedroom 1 - 3.78m x 2.95m (12'5" x 9'8") Garden Room / Bedroom 4 - 3.28m x 2.74m (10'9" x 9'0") Bathroom - 2.95m x 1.88m (9'8" x 6'2") Bedroom 2 - 4.04m x 3.05m (13'3" x 10'0") Bedroom 3 - 3.05m x 3.05m (10'0" x 10'0")
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
Agent & docs
FAQ
About The Ridings,Ockbrook,Derby,DE72 3SH
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