1-bedroom terraced house · DE24 0FD
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming one bedroom character cottage with delightful garden located in the heart of Alvaston close to local shops, cafe and park. No Chain.
Directions - From the Blue Peter island take the exit on Boulton Lane, where the cottage will be found on the left after just a short distance.
This cosy cottage which has been newly carpeted throughout features beamed ceilings, gas central heating and UPVC double glazed windows and doors with characterful accommodation comprising, lounge, kitchen with understairs store, rear lobby and ground floor shower room.
To the first floor is a large landing area suitable for a dressing area or study, deep store cupboard and double bedroom.
Externally, there is street parking to the front, whilst to the rear is a delightful cottage garden enclosed by fencing and a feature brick wall, planted borders, seating area and shed.
Gated access to a shared passageway to the front.
Alvaston has an excellent range of local shopping and service amenities including, retail and grocery stores, cafe, public houses, park, doctors and dentists surgeries along with ease of access into the city centre.
The property is available with no upward chain.
Accommodation - Ground Floor - Lounge - 3.45m x 2.97m (11'4" x 9'9") - A charming lounge having an attractive beamed ceiling, fireplace and surround, built-in cabinet and TV stand, UPVC double glazed window and door, stairs to first floor behind a door, wall lights and radiator.
Kitchen - 2.59m x 2.01m (8'6" x 6'7") - Very smartly appointed with a range of wall and base units with matching cupboard and drawer fronts and display cabinet, laminate work surfaces, tiled walls, electric oven, gas hob, space for a washing machine, UPVC double glazed window with an aspect over the garden, attractive beamed ceiling, understairs store, vinyl flooring, radiator.
Rear Lobby - With UPVC double glazed door to garden, vinyl flooring and pave for a fridge-freezer, door into; Shower Room - 1.85m x 1.50m (6'1" x 4'11") - Appointed with a shower having a low profile tray and screen, mains chrome shower over, wash basin and WC, vinyl flooring, UPVC double glazed window and chrome towel radiator.
First Floor - Landing - 2.72m x 2.03m (8'11" x 6'8") - A very useful area being suitable as a dressing room or home study having a rear facing UPVC double glazed window, radiator and deep store cupboard housing the modern combination boiler.
Bedroom - 3.53m x 3.00m (11'7" x 9'10") - A generous bedroom with a front facing UPVC double glazed window and radiator beneath, ample space for all bedroom furniture.
Outside - Externally, there is street parking to the front, whilst to the rear is a delightful cottage garden enclosed by fencing and a feature brick wall, planted borders, seating area and shed.
Gated access to a shared passageway to the front.
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 Boulton Lane, Alvaston, Derby
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