2-bedroom bungalow · DE73 5QH
Sold STCListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PREMIER PROPERTY NO ONWARD CHAIN Occupying a generous corner plot and tucked away on a pleasant cul-de-sac in the highly sought after Chellaston area, this beautifully renovated bungalow offers spacious, move-in-ready accommodation with the added benefit of no upward chain.
Set back behind a substantial frontage, the property enjoys attractive kerb appeal with a mature willow tree and ample outdoor space.
Internally, the home has undergone significant improvements, including a complete rewire with new consumer unit, new combination boiler, replastering throughout and the installation of a stylish fitted breakfast kitchen.
The well planned accommodation comprises: Entrance hall ith two useful storage cupboards; spacious lounge/diner with feature electric fire and surround, and a sliding patio door into the rear garden; modern breakfast kitchen with a range of integrated appliances to include an electric oven, induction hob with extractor over, integrated microwave and fridge/freezer - please note that the vendor will include the white goods); two generous double bedrooms; fully tiled contemporary shower room.
Outside, occupying an enviable corner plot position within a pleasant cul-de-sac, the property enjoys an impressive frontage with a wide driveway providing ample off road parking and access to the detached garage.
The well maintained front garden is laid mainly to lawn and complemented by mature planting, including an attractive willow tree enhancing the property's kerb appeal.
Set back from the road, the bungalow benefits from a pleasant open aspect and a sense of privacy, creating a welcoming first impression.
Gated side access leads through to the generous, enclosed rear garden, with paved patio seating area, lawn and fence enclosed boundaries.
Groves Nook is convenient for excellent local amenities, including reputable schools, shops and transport links, together with easy access to the major road network - viewings are highly recommended to appreciate the accommodation and the position of the property on offer.
L-shaped Entrance Hall 5'9" x 3'10" (1.8m x 1.2m) Lounge/Diner 20'3" x 11'6" (6.2m x 3.5m) Breakfast Kitchen 11'4" x 8'10" (3.5m x 2.7m) Bedroom One 12'7" x 11'6" (3.8m x 3.5m) Bedroom Two 8'10" x 7'9" (2.7m x 2.4m) Shower Room 6'7" x 5'6" (2.0m x 1.7m) Garage 17'1" x 8'7" (5.2m x 2.6m) 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
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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 Groves Nook, Chellaston
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