2-bedroom bungalow · DE3 0EA
Sold STCListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within walking distance of Mickleover village centre, with its numerous shops and public transport links, is this spacious and well-presented two double-bedroom detached bungalow, offered to the market with no upward chain.
The bungalow offers a generous lounge, uPVC double glazed conservatory, a modern fitted shower room, a neat low maintenance rear garden, ample driveway & good-sized garage!
Benefitting from uPVC double glazing and gas central heating, the accommodation in brief comprises; Entrance porch with feature laminate flooring, entrance hall with built in store/airing cupboard, spacious lounge with central feature fireplace, well appointed fitted kitchen, uPVC double glazed conservatory with French doors opening to the rear garden, two good sized double bedrooms, well appointed fitted shower room and an inner passage with access to the garage which has power, an up and over door and lighting.
There is also access to the front via a uPVC double glazed door.
To the front of the property is a neat garden area alongside a driveway providing ample off road parking and giving access to the garage.
To the rear is an enclosed feature paved garden and good sized timber summer house.
Vicarage Road is ideally located a short distance from local schools, public transport routes, shops and amenities within Mickleover.
The property also benefits from excellent access to the A38 and A50 road networks leading to the M1 motorway and East Midlands Airport. The property must be viewed internally to be fully appreciated.
Entrance Porch 5'1" x 4'6" (1.6m x 1.4m) Entrance Hall Lounge 16'3" x 11'6" (5.0m x 3.5m) Kitchen 11'8" x 9'9" (3.6m x 3.0m) Conservatory 8'10" x 5'9" (2.7m x 1.8m) Bedroom One 11'9" x 11'9" (3.6m x 3.6m) Bedroom Two 12'3" x 9'10" (3.7m x 3.0m) Shower Room 6'10" x 6'5" (2.1m x 2.0m)
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 Vicarage Road, Mickleover
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