2-bedroom bungalow · DE74 2LZ
Listing removedListed 212 days
Opportunity summary
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About
Summary A detached two bedroom bungalow in need of modernisation with gardens to front and rear, off road parking and garage Briefly comprising:- entrance hall, lounge, kitchen, two bedrooms and bathroom.
The property has a gas fired central heating system and UPVC double glazing- no chain.
Description A detached two bedroom bungalow in need of modernisation with gardens to front and rear, off road parking and garage.
The property has UPVC double glazing and a gas fired central heating system and accommodation briefly comprises:- entrance hall, lounge, kitchen, two bedrooms and bathroom.
Outside: - The property is set well back from the road having a good sized front garden, lawned and flanked with borders inset with a variety of shrubs and trees, having a paved driveway providing off road parking and leads all the way down the side of the bungalow to a detached garage, UPVC soffits and facias.
To the rear is a good-sized garden back on to allotments at the rear, paved path leads around the rear of the bungalow.
Entrance Side UPVC double glazed opaque entrance door with matching attached side panels leading to an L shaped entrance hallway, central heating radiator and loft access, built in airing cupboard with hot water cylinder and boiler providing domestic hot water and central heating.
Lounge Accessed via a timber framed and glazed door, having UPVC double glazed window to the front elevation, central heating radiator, tiled fireplace incorporating gas fire with tiled hearth, opaque glazed panel adjacent to the entrance door giving light to the entrance hallway.
Kitchen Having a range of base and wall units, laminated work surfaces, single drainer stainless steel sink unit, space for a cooker, space for a fridge freezer, ceramic tiled splashbacks, plumbing and space for an automatic washing machine, central heating radiator, UPVC double glazed door to the rear elevation, giving access to the rear garden, window to the rear giving aspect over the garden, vinyl flooring.
Bedroom One Having UPVC double glazed window to the rear elevation, central heating radiator. Bedroom Two Having UPVC double glazed window to the front elevation, central heating radiator.
Bathroom Having a panelled bath with a chrome mains shower over, pedestal wash hand basin, low level WC, UPVC double glazed opaque window to the side elevation, central heating radiator, vinyl flooring.
Outside The property is set well back from the road having a good sized front garden, lawned and flanked with borders inset with a variety of shrubs and trees, having a paved driveway providing off road parking and leads all the way down the side of the bungalow to a detached garage, UPVC soffits and facias.
Garden A good-sized garden back on to allotments at the rear, paved path leads around the rear of the bungalow. Garage 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 55, Stonehill, Derby
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