2-bedroom bungalow · DE22 2JZ
Sold STCListed 113 days
Opportunity summary
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About
This is a well-positioned, two bedroom, detached bungalow located on a quiet cul-de-sac in desirable Allestree. The property is sold with the benefit of no upper chain.
The double glazed and gas central heated accommodation comprises entrance hall, lounge, kitchen, lean to/utility with useful storage room off, two bedrooms and a bathroom.
To the front of the property there is a driveway leading to a garage. To the rear there is a private garden with patio, artificial lawn and lawn section with mature hedging and trees.
Please note: The vendor had planning permission with Derby City Council to extend the property to create accommodation with four bedrooms. This has now lapsed.
The Location - The property’s location in Allestree affords easy access to Park Farm shopping centre and facilities along Blenheim Drive.
There is a regular bus service into Derby City centre and easy access to parks and schooling.
Accommodation - Entrance Hall - 3.95 x 0.99 (12'11" x 3'2") - A stylish entrance door provides access to hallway with central heating radiator.
Lounge - 4.19 x 3.57 (13'8" x 11'8") - Featuring a fire surround with electric fire, central heating radiator, decorative coving and double glazed cant bay window to front.
Kitchen - 3.10 x 2.93 (10'2" x 9'7") - Comprising granite effect worktops, stainless steel sink unit fitted base cupboards and drawers, complementary wall mounted cupboards, four plate gas hob with built-in oven and extractor hood over, integrated fridge, appliance space suitable for washing machine and door to pantry.
Pantry - Housing the gas fired boiler.
Utility/Lean To - 2.51 x 1.55 (8'2" x 5'1") - Having double glazed windows and door to rear, appliance space suitable for washing machine and latch door to useful storage room.
Bedroom One - 3.32 x 3.03 (10'10" x 9'11") - With central heating radiator, decorative coving and double glazed cant bay window to front.
Bedroom Two - 3.77 x 3.33 (12'4" x 10'11") - Having a central heating radiator, decorative coving and double glazed window to rear.
Bathroom - 1.88 x 1.35 (6'2" x 4'5") - Fully tiled and appointed with a low flush WC, wash handbasin, bath with Mira shower over, central heating radiator and double glazed window to rear.
Outside - The property is set back behind a walled fore-garden with wood chipped border, patio area and driveway leading down the side of the house. There is access to a detached garage.
To the rear of the property is a well-established garden with patio, artificial lawn and further natural lawn section with mature trees and hedging. The garden offers a good degree of privacy.
Council Tax Band C -
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
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FAQ
About Scarsdale Avenue Allestree, Derby
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