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See how verdicts work2-bedroom bungalow · DE21 6RX
Sold STCReduced £10k (−3.8%) on 22 JunListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold with no chain is this spacious two bedroom detached bungalow, offering versatile living accommodation and occupying a generous plot with a large rear garden and driveway providing ample off-road parking.
The property benefits from uPVC double glazing and gas central heating throughout and briefly comprises; welcoming hallway, extensive living room with feature fireplace, fitted kitchen with breakfast bar leading into the conservatory, modern shower room, two double bedrooms and a versatile sitting room which could also be utilised as a third bedroom, dining room or home office.
Outside, the property enjoys a substantial rear garden with patio seating area and lawn, along with two useful storage sheds. To the front is a generous driveway with gated side access to the rear.
Situated on Lyndhurst Grove, the property is ideally located close to local amenities including shops, Cherry Tree School and Chaddesden Park, whilst also offering convenient transport links and easy access into Derby City Centre.
Hallway Porch – Entry through the porch into the welcoming hallway.
Long and welcoming hallway with uPVC double glazed front door, central heating radiator and access to both bedrooms, the living room, sitting room, shower room and kitchen.
Living/Dining Room (7.14m x 3.6m) Extensive living space with uPVC double glazed windows to both the front and side elevations, two central heating radiators and feature fireplace with surround.
Kitchen (3.63m x 2.5m) Fitted kitchen with uPVC double glazed window to the side elevation, breakfast bar, integral oven, hob and extractor fan, space for further appliances, central heating radiator and access into the conservatory.
Conservatory (3.56m x 1.57m) Bright conservatory with uPVC double glazed windows and door opening onto the rear garden.
Shower Room (2.4m x 1.75m) Modern shower room with uPVC double glazed window to the rear elevation, walk-in shower, white WC, vanity unit with wash basin and useful storage cupboard.
Bedroom One (3.63m x 3.33m) Spacious double bedroom with uPVC double glazed window to the front elevation and central heating radiator.
Bedroom Two (3.63m x 3.02m) Further double bedroom with uPVC double glazed window to the side elevation and central heating radiator.
Sitting Room/Bedroom (3.63m x 2.16m) Versatile reception room with uPVC double glazed window to the rear elevation and central heating radiator, offering potential to be used as a third bedroom, office or dining room.
Outside Front – Generous driveway providing off-road parking for multiple vehicles with gated side access leading to the rear garden.
Rear – Expansive enclosed rear garden featuring a large patio seating area, lawn and two wooden sheds providing useful outdoor storage.
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
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FAQ
About 8, Lyndhurst Grove, Derby
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