2-bedroom bungalow · DE24 0LD
Sold STCListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this superbly spacious, double-fronted detached bungalow, ideally positioned in the highly sought-after area of Alvaston.
Comprehensively extended the property offers exceptionally generous living accommodation, a low-maintenance rear garden, ample driveway parking, and a detached garage.
The accommodation briefly comprises an inviting entrance hallway, two bay-fronted double bedrooms to the front elevation, and a modern four-piece family bathroom.
To the rear and side, the bungalow has been thoughtfully extended to create a spacious dining room opening into a well-appointed fitted kitchen, along with an impressive 22ft living room.
The living room features a gas fireplace, dual-aspect windows allowing for abundant natural light, and sliding doors leading out to a raised decked veranda.
Externally, a driveway to the side provides off-road parking and double gates give access to the rear garden and detached garage.
The rear garden has been designed for ease of maintenance and includes a raised decked veranda, patio areas, a garden shed, and access to the substantial garage/workshop.
Gilbert Street is conveniently located for a range of local amenities, including shops and schools, and benefits from excellent transport links to the A50, A52, the M1 motorway, and East Midlands Airport.
Hallway 10'5" x 4'6" (3.2m x 1.4m) Living Room 22'6" x 12'11" (6.9m x 3.9m) Dining Room 9'11" x 11'10" (3.0m x 3.6m) Kitchen 11'9" x 8'11" (3.6m x 2.7m) Bedroom 1 12'8" x 12'2" (3.9m x 3.7m) Bedroom 2 11'9" x 12'1" (3.6m x 3.7m) Bathroom 9'6" x 7'1" (2.9m x 2.2m) 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
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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.
Area
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FAQ
About Gilbert Street, Alvaston
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