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See how verdicts work2-bedroom terraced house · DE11 9JX
Sold STCListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this popular and convenient position this spacious two double bedroomed traditional terraced home provides a discerning purchaser with an opportunity to acquire a home with great potential.
In brief the accommodation comprises: - front sitting room, lobby, breakfast kitchen, rear lobby leading to the ground floor shower room and on the first floor a landing leads to two double bedrooms.
Outside to the rear is a good sized garden.
Accommodation In Detail having Upvc double glazed entrance door with obscure double glazed light over leading to: Sitting Room 3.69m x 3.7m having Upvc double glazed window to front elevation, coving to ceiling, one double central heating radiator and feature fireplace with stone hearth and timber mantel.
Lobby having staircase rising to first floor and thermostatic control for central heating.
Breakfast Kitchen 3.69m x 5.15m having a good array of pine effect base and wall mounted units with complementary rolled edged working surfaces, plumbing for washing machine, four ring electric hob with oven under and extractor over, one double central heating radiator, useful understairs storage cupboard, Upvc double glazed window to rear elevation and skylight to ceiling.
Rear Lobby having Upvc half obscure double glazed door opening out to the rear garden and sliding door leading through to the: Ground Floor Shower room 1.29m x 2.13m having pedestal wash basin, low level wc, shower enclosure with thermostatically controlled shower, extensive tiling to walls and floor, obscure Upvc double glazed window to rear elevation and one central heating radiator.
First Floor Landing having fitted smoke alarm.
Master Bedroom 3.14m x 3.69m having Upvc double glazed window to front elevation, one central heating radiator, coving to ceiling and useful overstairs storage cupboard.
Bedroom Two 3.69m x 3.7m having Upvc double glazed window to rear elevation, one central heating radiator and cupboard housing fitted Potterton combi gas fired central heating boiler.
Garden To the front of the property is a small forecourt set behind a dwarf wall. To the rear is a good sized garden.
Disclaimer The services, systems and appliances listed in this specification have not been tested by Newton Fallowell and no guarantee as to their operating ability or their efficiency can be given.
Anti-Money Laundering Regulations – Intending purchasers will be required to provide identification documents via our compliance provider, Coadjute, at a cost of £45 plus VAT per transaction.
This will need to be actioned at the offer stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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
Agent & docs

FAQ
About Station Street, Castle Gresley, DE11
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