We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · DE22 2UW
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO UPWARD CHAIN Located in the most sought-after area of Allestree, this good sized two-bedroom detached bungalow offers a well-proportioned lounge, fitted kitchen and a good-sized rear garden.
With ample driveway, neat gardens and a detached garage at the rear, it must be viewed!
Benefitting from uPVC double glazing and gas central heating, the accommodation in brief comprises: Entrance Hall with build in store cupboard; well-proportioned lounge; fitted kitchen; master bedroom with fitted wardrobes; good sized second bedroom and a fitted bathroom.
To the front of the property is a lawned garden space alongside a driveway providing ample off-road parking and giving access to the detached garage at the rear.
To the rear is a neat garden with patio seating area, lawn and mixed flower and shrubbery beds.
Portway Close is conveniently situated for access to local amenities including shops, schools, including Ecclesbourne School Catchment, public transport routes, the University, recreational facilities including Allestree Park and Golf Course and Darley Park and useful road links via the A6, A52, A38 and A50 networks.
Viewing recommended.
Entrance Hall Lounge 15'8" x 11'6" (4.8m x 3.5m) Fitted Kitchen 8'5" x 6'11" (2.6m x 2.1m) Bedroom One 10'9" x 9'10" (3.3m x 3.0m) Bedroom Two 9'4" x 7'0" (2.8m x 2.1m) Bathroom 5'6" x 5'6" (1.7m x 1.7m) 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Portway Close, Allestree
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