3-bedroom terraced house · DE11 9GN
No longer listedReduced £50 (−4.5%) on 23 SepListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newton Fallowell are delighted to bring to the rental market this attractive three bedroom modern townhouse, situated on the ever-popular Drum & Monkey/Castleton estate in Church Gresley .
The development is particularly sought after due to its pleasant surroundings, excellent local amenities and a variety of attractive walking routes, making it a popular choice for a range of tenants.
The property is nicely set back from the road and, being of modern construction, offers well-presented accommodation throughout.
The ground floor briefly comprises an entrance hall, spacious living room, modern kitchen/diner and a convenient downstairs W/C.
To the first floor are three well-proportioned bedrooms, with the master bedroom benefiting from its own en-suite shower room, together with a separate family bathroom.
Externally, the property benefits from a driveway to the front providing off-road parking.
To the rear is a pleasantly landscaped and enclosed garden, incorporating paved patio areas and a lawned section, providing a low-maintenance outdoor space.
An excellent modern home in a highly desirable Church Gresley location, offering a combination of practical accommodation, attractive outside space and excellent access to local amenities and countryside.
EPC Rating: B Disclaimer The services, systems and appliances listed in this specification have not been tested by Newton Fallowell and no guarantee as to their operating ability or their efficiency can be given.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Lewisham Drive, Church Gresley, DE11
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