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See how verdicts work2-bedroom semi-detached house · DE21 7TR
Listing removedListed 373 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Hall and Benson are pleased to market this two-bedroom,semi-detached property situated in the sought after area of Spondon!
This property offers a 50% ownership basis making it ideal for first-time buyers looking to get on the property ladder and those looking to downsize!!
DESCRIPTION Welcome to Roving Drive in Spondon, a beautifully presented and affordable modern home in a sought after residential area.
Set in a quiet and friendly development, this property offers well-proportioned living space, stylish decor and great amount of storage throughout.
Along with a private garden and a side access gate to the front. The ground floor comprises of a spacious lounge area, a downstairs WC with ample storage both under the stairs and opposite the WC.
To the rear you will find a modern fitted kitchen with plenty of space for a dining table. French doors offer direct access to the rear garden.
Upstairs comprises of two double sized bedrooms and a family bathroom. Outside the property enjoys a private rear garden, ideal for socialising. There is also allocated parking directly to the front!
Located in the heart of Spondon, the property is within easy reach of local shops, schools,parks and transport links, including quick access to Derby city centre, the A52 and the M1.
Offered at 50% ownership with the option to purchase additional shares over time (subject to terms). This is a rare opportunity to buy an affordable, modern home in a popular location!!
Front To the front of the property is a laid lawn frontage with a pathway leading to the entrance.
Entrance Hallway Accessed via composite door leading into the hallway with laminate flooring and a radiator.
Lounge 13' 1" x 11' 3" ( 3.99m x 3.43m ) Having carpet flooring, window to the front elevation, a radiator and understairs storage cupboard.
Downstairs W.C Having laminate flooring, W.C, wash hand basin and a radiator. Utility Having plumbing for dishwasher and storage space.
Kitchen 16' 5" x 8' 4" ( 5.00m x 2.54m ) Having tiled flooring, a radiator, composite door to the rear, wall and base units with work surfaces over, two windows to the rear, storage cupboard and combi boiler.
First Floor Landing Having carpet flooring, loft access and airing cupboard.
Bedroom One 16' 5" x 8' 5" ( 5.00m x 2.57m ) Having carpet flooring, windows to the front, a radiator and over stairs storage cupboard.
Bedroom Two 9' 4" x 14' 10" ( 2.84m x 4.52m ) Having carpet flooring, window to the rear and a radiator.
Bathroom Having laminate flooring, double shower cubical, a radiator, wash hand basin, W.C and window to the rear.
Rear To the rear the garden has a patio area, laid lawn section, a shed, outside tap and side access to the front. 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: Connells 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: Connells 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
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.
Area
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FAQ
About Rovings Drive, Spondon, Derby
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