2-bedroom bungalow · DE75 7QB
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented detached bungalow situtuated in a quiet cul-de-sac location within close easy reach of the shops, services and amenities in Heanor town centre, as well as great transport links.
The property is offered for sale with no upward chain and briefly comprises breakfast kitchen, inner hallway, lounge, two bedrooms, shower room and conservatory. Driveway for several vehicles.
Please note new carpets are to be laid in the bedrooms and hallway Viewing highly recommended EPC rating: D.
Tenure: Freehold, BREAKFAST KITCHEN 4.62m x 2.61m (15'2" x 8'7") Having a range of fitted units comprising of base units with cupboards and drawers with work surfacing over, range of wall cupboards, inset ceramic sink and drainer, space for washing machine, space for under counter fridge and freezer, electric cooker point, splash back tiling to walls, wall mounted Vaillant gas central heating boiler, double glazed window to the front and side elevations and double glazed external door.
INNER HALL Having access to loft space and central heating radiator.
LOUNGE 5.21m x 3.17m (17'1" x 10'5") Having double glazed window to the front elevation, two central heating radiators, coving to ceiling and Adams style fire surround with marble effect back and hearth.
SHOWER ROOM Having a three piece suite comprising of walk in shower cubicle, low flush WC and vanity unit with inset wash hand basin, central heating radiator, tiled walls and double glazed window to the side elevation BEDROOM ONE 3.88m x 3.17m (12'9" x 10'5") Having a double glazed window to the rear elevation and central heating radiator.
BEDROOM TWO 2.6m x 2.55m (8'6" x 8'4") Having sliding patio doors into conservatory and central heating radiator CONSERVATORY 5.63m x 1.97m (18'6" x 6'6") An aluminium conservatory with doors to rear elevation OUTSIDE To the front of the property is a lawn with shrub borders.
Driveway providing off road parking for several vehicles continuing down the side of the property access through double wooden gates. To the rear is a low maintenaced paved garden. Garden shed
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
Agent & docs
FAQ
About Hunt Avenue, Heanor, DE75
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