2-bedroom detached house · DE21 7DE
Listing removedReduced £10k (−3.7%) on 27 MayListed 607 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PREMIER PROPERTY This spacious, versatile and unique two-bedroom detached home stands in the sought-after area of Spondon and is close to both open countryside, parks and local amenities within the village.
With the original property believed to date back to the late 1800's, it has now been extended to feature a generous lounge, separate dining room and a spacious fitted kitchen with additional utility space!
Offered for sale with no upward chain, the property stands back from a small, shared roadway behind a generous garden space and benefits from uPVC double glazing and gas central heating.
The accommodation in brief comprises: Entrance into the space and well-presented fitted kitchen which opens out to a useful utility space; generous lounge with feature fireplace and revealed brickwork; separate dining room with French doors opening to the beautiful garden space; inner hall; two good-sized bedrooms and a well-appointed fitted shower room.
The property has the added benefit of generous garage with power and lighting and a good-sized loft space which could offer the option for conversion, subject to relevant permissions.
To the front of the property is a generous garden space set behind a low wall and offering lawn, gravel bed and mixed flower and shrubbery beds.
Alongside the garden is a driveway providing ample off-road parking and giving access to the garage. To the side and rear there are further garden areas, with patio, lawn and a good-sized green house.
The property is well situated for Spondon village and its amenities including shops, schools and transport links together with excellent road links with the A52 and the M1 motorway.
An early viewing is highly recommended.
Kitchen 17'9" x 5'8" (5.4m x 1.7m) Utility Space 7'3" x 6'0" (2.2m x 1.8m) Lounge 20'0" x 10'1" (6.1m x 3.1m) Dining Room 12'11" x 11'11" (3.9m x 3.6m) Inner Hall Bedroom One 12'7" x 9'7" (3.8m x 2.9m) Bedroom Two 13'5" x 7'3" (4.1m x 2.2m) Shower Room 10'5" x 4'7" (3.2m x 1.4m) Garage 17'7" x 9'6" (5.4m x 2.9m) 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.
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