We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · DE3 9LG
Sold STCListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the most sought after area of Mickleover, this most spacious and beautifully well-presented four-bedroom detached home has been completely renovated throughout and stands on a generous plot with a superb rear garden.
Offering a generous lounge with feature bay, stunning high-quality living/dining/kitchen space, master en-suite shower room and superb fitted family bathroom, it simply MUST be viewed!
Benefitting from uPVC double glazing and gas central heating, the accommodation in brief comprises: Spacious entrance hall; fitted cloakroom with W.C; spacious lounge with dual aspect and feature bay window; modern and high specification open plan living/dining/kitchen with French doors opening to the decked seating area, breakfast bar with feature lighting, modern and high quality wall, base and drawer units, high specification work surfaces, and integrated appliances, including Neff double oven and hob; separate utility room with door to the generous integral garage with power and lighting; first floor landing; master double bedroom with en-suite shower room; three further well-proportioned first floor bedrooms and a high quality fitted family bathroom with over bath shower and feature illuminating vanity mirror.
To the front of the property is a most generous driveway providing ample off-road parking and giving access to the integral garage.
To the rear is a most generous garden space with generous decked seating area, lawn and mixed well stocked flower and shrubbery beds.
Melbourne Close is conveniently situated for access to local amenities including shops, schools, public transport routes, recreational facilities and useful road links via the A50, A38 and A52 networks.
Entrance Hall Cloakroom With W.C 4'6" x 3'1" (1.4m x 0.9m) Lounge 14'5" x 11'11" (4.4m x 3.6m) Living/Dining/Kitchen 24'2" x 12'0" (7.4m x 3.7m) Utility Room 7'2" x 4'2" (2.2m x 1.3m) First Floor Landing Bedroom One 11'11" x 9'11" (3.6m x 3.0m) En-Suite 4'6" x 4'5" (1.4m x 1.4m) Bedroom Two 11'11" x 9'10" (3.6m x 3.0m) Bedroom Three 7'8" x 7'7" (2.3m x 2.3m) Bedroom Four 8'6" x 6'9" (2.6m x 2.1m) Bathroom 7'4" x 7'1" (2.2m x 2.2m) 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs

FAQ
About Melbourne Close, Mickleover
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