2-bedroom bungalow · DE3 0TQ
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IMMEDIATE POSSESSION - NO UPWARD CHAIN.
A delightful well cared for modern semi detached bungalow occupying a cul de sac position within this sought after enclave, within walking distance of Mickleover with its array of shops and amenities, together with a bus stop nearby.
Warmed by storage heaters and benefiting from UPVC double glazing, the property briefly comprises; entrance hall, lounge / dining room, fitted kitchen, inner hallway, two bedrooms and shower room.
Outside, the property is sited on a low maintenance west facing plot with two car driveway. The property is sold freehold. Council tax band B. Energy rating D.
Reception Hall - Having Upvc double glazed window and door to the front elevation, double built in airing and storage cupboards.
Lounge / Dining Room - 4.83 x 3.15 (15'10" x 10'4") - Having feature fire surround with electric living flame fire, two electric storage heaters, Tv connection point and UPVC double glazed window.
Kitchen - 2.41 x 1.55 (7'10" x 5'1") - Fitted with a matching range of base and eye level units with rolled edge work surfaces over, incorporating a single bowl sink and drainer.
Having integrated electric hob, space for fridge freezer, plumbing for washing machine and Upvc double glazed window to side. Inner Hallway - Leading to bedrooms and shower room.
Bedroom One - 4.01 x 2.69 (13'1" x 8'9") - Having storage heater and UPVC double glazed French door giving views and access over the low maintenance rear garden.
Bedroom Two - 3.17 x 2.41 max (10'4" x 7'10" max) - Having storage heater, access to roof space and UPVC double glazed window. Bedroom Two shown as a dining room option.
Shower Room - Having white three piece suite with electric shower, wall mounted fan heater and UPVC double glazed window.
Outside - The property occupies a delightful west facing low maintenance plot in this sought after cul de sac location, within easy walking distance of Mickleover village.
The property boasts a two car driveway and fenced rear garden.
Value & comps
No previous sales on record.
Returns
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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 Cromer Close, Mickleover, Derby
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