2-bedroom bungalow · DE3 0TQ
Listing removedListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE IMMEDIATELY - UNFURNISHED - £229.61 HOLDING DEPOSIT - £1148.07 FULL DEPOSIT - COUNCIL TAX BAND B - ENERGY RATING C.
Delightful well cared for modern semi detached bungalow occupying a cul de sac position and sited within easy walking distance of Mickleover Village, with its array of shops and amenities.
Gas central heating and UPVC double glazing. In brief; reception hall, lounge / dining room, well equipped kitchen, two bedrooms and conservatory (located off bedroom two).
Outside is off road car parking and low maintenance gardens. Reception Hall - With UPVC entrance door, radiator and full height storage cupboard.
Lounge / Dining Room - 4.81 x 3.15 (15'9" x 10'4") - Having laminate floor, radiator and UPVC double glazed window, access to roof space (having pull down ladder and housing the gas boiler).
Fitted Kitchen - 3.09 x 1.57 (10'1" x 5'1") - Having a range of modern white wall and base units with integrated and free standing appliances to include; an inset four ring ceramic hob with electric oven, free standing washing machine and fridge freezer, UPVC double glazed window.
Inner Hallway - Bedroom One - 4.11 x 2.67 (13'5" x 8'9") - With built in wardrobes, radiator and UPVC double glazed window.
Bedroom Two - 2.86 x 2.11 plus recess (9'4" x 6'11" plus reces - With radiator and door to conservatory.
Shower Room - Having modern three piece suite, chrome heated towel rail and UPVC double glazed window. Conservatory - 2.79 x 2.44 (9'1" x 8'0") - With radiator and French doors to garden.
Outside - Off road car parking with low maintenance gardens.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Cromer Close, Mickleover, Derby
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