2-bedroom bungalow · DE3 9NQ
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE FROM 28TH OCTOBER - UNFURNISHED - £229.61 HOLDING DEPOSIT SECURES - FULL DEPOSIT OF £1148.07 REQUIRED AT START OF TENANCY, PLUS FIRST MONTHS RENT - COUNCIL TAX BAND C - ENERGY RATING D - MODERN DETACHED BUNGALOW SITUATED CLOSE TO MICKLEOVER VILLAGE CENTRE - TWO BEDROOMS - FITTED KITCHEN - SHOWER ROOM - TASTEFULLY APPOINTED - CUL DE SAC POSITION - DOUBLE GARAGE - LANDSCAPED MATURE GARDENS - UPVC DOUBLE GLAZING - GAS CENTRAL HEATING - COUNCIL TAX BAND C.
ENERGY RATING D. Reception Hall - 'L' shaped and having UPVC opaque double glazed entrance door with matching side light, cloaks cupboard, full height storage cupboard and access to roof space.
Fitted Kitchen - 3.38m x 2.59m (11'1 x 8'6) - Having a full range of birch shaker style fitted wall, base and drawer units with beech effect laminated rolled edge working surfaces, inset ceramic four ring hob with electric oven and grill, Logic wall mounted combination gas boiler providing instant domestic hot water and gas central heating, space and plumbing for automatic washing machine, ceramic tiled floor, complimentary ceramic tiled splash back, UPVC double glazed window to front aspect and UPVC opaque double glazed door to side aspect.
Sitting Room - 5.28m x 3.38m (17'4 x 11'1) - Having feature fire surround with electric coal effect living flame fire, television connection point, two double radiators, UPVC double glazed picture window to side aspect and UPVC double glazed french door with matching picture window giving views and access over the rear garden.
Bedroom One - 3.48m x 2.87m (11'5 x 9'5) - Having recessed built in deep double wardrobe with ample hanging rail and shelving space, radiator and UPVC double glazed window to rear aspect.
Bedroom Two - 2.95m x 2.64m (9'8 x 8'8) - Having radiator and UPVC double glazed window to front aspect.
Shower Room - Having three piece suite, radiator and UPVC opaque double glazed window to front aspect.
Outside - The property occupies a cul-de-sac position and is within minutes walking distance of Mickleover village centre. The property stands on a sizeable mature plot.
To the front is an open plan lawned fore garden with adjacent tarmac driveway, giving car standing space for several cars and leading to the detached double brick garage.
The rear garden is enclosed by close panel fencing, laid to a sweeping shaped lawn with patio area and mature shrubs.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Melbreak Close, Mickleover, Derby
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