3-bedroom property · DE21 7AG
Listing removedReduced £10k (−3.8%) on 6 FebListed 469 days
Opportunity summary
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About
Summary no chain- A fantastic opportunity for a first time buyer or growing family to acquire this three bedroom semi-detached property in Spondon.
Description Ashley Adams are delighted to bring to market this pleasant, good sized three bedroom semi-detached property in the ever popular location of Spondon.
The accommodation in brief comprises entrance porch, entrance hall, lounge diner, living room, kitchen, three first floor bedrooms and bathroom with separate WC.
To the front of the property is a driveway for two to three cars with access to the detached garage.
To the rear of the property is a pleasant enclosed rear garden with the potential to extend (stnpp) .
The property is well located, close to all major amenities such as doctors and dentist surgeries, local shops, fantastic schools at all levels as well as easy roading access to the A52 leading to the M1 corridor.
Viewing essential to appreciate the property on offer. Front Of Property Driveway for two to three cars, with side access leading through to the detached garage.
Entrance Porch Access via door to front and has door into entrance hall. Entrance Hall Has stairs to first floor, window to the side elevation and doors of to all ground floor rooms.
Lounge / Diner 17' 9" x 10' 8" ( 5.41m x 3.25m ) Feature fireplace with surround, UPVC double glazed sliding doors out to rear garden.
Living Room 12' 8" (into bay) x 11' 5" ( 3.86m (into bay) x 3.48m ) Has feature fireplace with surround, feature circular window to the side elevation and UPVC double glazed bay window to front.
Kitchen 14' 2" x 5' 7" ( 4.32m x 1.70m ) Fitted with a range of wall and base units with work surfaces over, inset sink with drainer, integrated gas hob with extractor over, door out to the side of the property and UPVC double glazed windows to the side and rear elevation.
First Floor Landing Has loft hatch, and doors off to all first floor rooms.
Bedroom One 12' 9" (into bay) x 11' 5" ( 3.89m (into bay) x 3.48m ) Has fitted wardrobes, radiator, UPVC double glazed bay window to the front elevation.
Bedroom Two 8' 10" x 9' 11" ( 2.69m x 3.02m ) Has radiator and UPVC double glazed window to the rear. Bedroom Three 8' 10" x 6' 7" ( 2.69m x 2.01m ) Has radiator and UPVC double glazed window to rear.
Bathroom Has bath with shower head attachment, wash hand basin, radiator and UPVC double glazed obscure window to front. Seperate Wc Has low level WC and UPVC double glazed obscure window to the side.
Rear Of Property Beautiful, mature enclosed private garden with potential to extend (stnpp) Please note that the garage has electrics. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 42, Royal Hill Road, Derby
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