2-bedroom detached house · DE55 4EF
Listing removedListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no upward chain is this two bedroomed detached bungalow which is set on a good sized plot of 598.33 square metres (0.148 of an acre).
The accommodation requires some cosmetic upgrading and comprises: lounge, kitchen, inner hallway, two bedrooms and bathroom.
Externally garden to the front, driveway to the side leads to the single garage and there is a larger than average rear lawned garden which subject to the planning would be ideal for extension.
Kitchen: 3.68m x 2.53m (12' x 8'3") , UPVc part glazed entrance door, single drainer stell sink unit with mixer tap, UPVc double glazed window, tiled splash back to wall, a range of wall and base units, plumbing and space for washing machine and appliance space, four ring gas hob with electric oven below (not tested).
Dining Lounge: 4.76m x 3.07m (15'7" x 10') , UPVc double glazed oriel bay window which enjoys the distant view beyond the village settlement toward Codnor Park Monument, double panelled radiator, living flame coal effect gas fire to the brick built fire surround with raised hearth.
Inner Hallway: With access to the roof space and doors open to.... Rear Bedroom 1: 4.10m x 2.63m (13'5" x 8'7") , UPVc double glazed window and radiator.
Bedroom 2: 3.32m x 2.94m (10'10" x 9'7") , UPVc double glazed French doors providing access to the rear garden, double panelled radiator.
Viewing: By appointment through Savidge & Brown on pressing option 2 for residential sales.
Bathroom: Containing a white suite comprising: low flush WC, pedestal wash hand basin, fully tiled walls, corner bath with a thermostatically controlled shower, UPVc double glazed window and radiator.
Externally To The Front: The property enjoys a good sized frontage to Oakland Crescent with an elevated position, there is a lawned garden to the front. Driveway provides access to the single garage.
Externally To The Rear: There is a good sized larger than average mainly lawned garden which extends to the side of the property providing ample room for extension subject to necessary planning consent.
Please Note: The Conveyance dated 21 January 1972 referred to in the Charges Register contains the following provision:- "IT WAS AGREED AND DECLARED that the Sub Purchaser and its successors in title should not by reason of that Conveyance or by prescription or otherwise become entitled to any right of light or air or other easement which would or might in any way prejudicially affect the free and unrestricted user of the remainder of the adjoining land of the First Vendor and the Second Vendor for building or any other purpose" Viewing: By appointment through Savidge and Brown on - press 2 for residential sales.
Postcode: The postcode for the satellite navigation user is DE55 4EF.
Offer Procedure: Before contacting a Building Society, Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs.
Under the Estate Agency Act 1991 you will be required as soon as possible from making an offer to provide us financial information in order to verify your position before we can finally recommend your offer to the vendor.
We will also require proof of identification in order to adhere to Money Laundering Regulations. These particulars do not constitute any offer or contract nor any part thereof.
Disclaimer: Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office.
SERVICES: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification.
MEASUREMENTS: Please note all the measurement details are approximate and should not be relied upon as exact.
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 Oakland Crescent, Riddings, DE55
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