2-bedroom semi-detached house · DE21 6UX
Sold STCListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious ground-floor flat, ideal for first-time buyers, offering well-proportioned accommodation with two generous double bedrooms.
Conveniently situated close to a range of local amenities, the property combines comfort with practicality. Further benefits include gardens to both the front and rear.
The accommodation is supplemented by gas fired central heating, UPVC double glazing and briefly comprises:- Entrance hallway, lounge, kitchen, two double bedrooms and bathroom with white three piece suite.
Outside are gardens to both the front and rear elevations.
Lexington Road is well situated for Chaddesden and its amenities including shops, further schools and transport links together with easy access for Derby City Centre and further road links including the A52, M1 motorway and A38 respectively.
Entrance Hall 16'1" x 3'5" (4.9m x 1.0m) Living Room 12'10" x 11'10" (3.9m x 3.6m) Kitchen 9'5" x 9'3" (2.9m x 2.8m) Bedroom One 12'10" x 11'3" (3.9m x 3.4m) Bedroom Two 12'5" x 11'10" (3.8m x 3.6m) Bathroom 7'5" x 5'4" (2.3m x 1.6m) Outside There are gardens to both front and rear elevations.
Leasehold Information Term : 125 years from 2 April 1990 Annual Ground Rent : £10 Annual Service Charge: £68.39 (Your legal representative should verify this) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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
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FAQ
About Lexington Road, Chaddesden
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