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See how verdicts work2-bedroom house · DE21 6SR
Listing removedReduced £9.9k (−4.3%) on 1 AugListed 153 days
Opportunity summary
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About
A two double bedroom detached home which is part of A select development of 8 properties.
This prestigious development is situated at the head of olive grove in Chaddesden and we are sure it will appeal to a whole range of buyers, from people buying their first home through to those looking for a family property.
The second plot on the development is situated on the right hand side of the cul-de-sac and is A detached property providing spacious ground floor accommodation and two double bedrooms.
This detached property will have an open porch leading through a composite front door to the reception hall which has a ground floor w.c. Off and stairs leading to the first floor.
The open plan living accommodation is positioned at the rear of the house and includes a dining area and has double opening, double glazed French doors leading out to the rear garden.
The exclusively fitted and equipped kitchen is open plan to the main living area and will be fitted with ranges of high quality units and includes integrated cooking appliances.
To the first floor the landing leads to the two double bedrooms and luxurious bathroom which will include a mains flow shower over the bath.
Outside there is off road parking for two vehicles to the left of the property and a private Southerly facing rear garden.
Chaddesden is a large residential suburb of Derby with there being a number of local shops along Nottingham Road which include a Lidl, Aldi and Co-op as well as Asda in Spondon and across the foot bridge over the A52 there is a Sainsbury's, M&S food store, Costco and many other retail outlets, there are several infant and primary schools and West Park senior school in Spondon and Lees Brook Academy in Chaddesden.
There are several local golf courses, Locko park is on the edge of Chaddesden and provides lovely open countryside to walk and the excellent transport links include J25 of the M1, the A52 which connects to the A6 and A50, Derby train station and East Midlands Airport.
Porch Open porch with an outside light and a stylish front door leading to: Reception Hall Having stairs leading to the first floor and doors leading to the main living accommodation and ground floor w.c.
Ground Floor W.C. Having a low flush w.c. And wall mounted hand basin, opaque double glazed window and a radiator.
Open Plan Living Space (4.37m x 2.89m approx (14'4" x 9'5" approx)) The main living area has double opening, double glazed French doors leading out to the rear garden, there is a large understairs storage cupboard, dining area which has a double glazed window to the side and there will be radiators and a TV aerial point.
Kitchen (5.37m x 3.4m max approx (17'7" x 11'1" max approx)) The kitchen will be open plan to the dining and living area and will be fitted with high quality units having a stainless steel sink and four ring hob set in a work surface which will extend to two walls and will have space for an automatic washing machine, oven, drawers and cupboards below.
First Floor Landing The landing will have doors leading to: Bedroom 1 (4.37m x 2.9m max approx (14'4" x 9'6" max approx)) The main bedroom is positioned at the front of the house and has two double glazed windows to the front, there is a built-in storage cupboard over the bulk head of the stairs and a radiator.
Bedroom 2 (4.37m max x 3.5m max (14'4" max x 11'5" max)) Double glazed window to the rear and a radiator.
Bathroom The luxurious bathroom will have a white suite and include a panelled bath with a mains flow shower over, hand basin and low flush w.c., opaque double glazed window and chrome ladder towel radiator.
Outside There will be parking for two vehicles to the left hand side of the property, an easily managed garden area at the front and a landscaped, Southerly facing rear garden which will have a patio, lawn and fencing to the boundaries.
Agents Notes There are ai photos on this property Stamp duty incentive and part exchange available
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.
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FAQ
About 20, Olive Grove, Derby
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