3-bedroom bungalow · DE5 9RZ
Listing removedListed 618 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***being sold chain free*** is this very well presented three bedroom detached bungalow with plenty of off street parking, detached garage and generous rear garden.
Matthew Thomas are pleased to market this well presented three double bedroomed bungalow in Codnor. Upon entry you are greeted by an entrance hallway.
Through the hallway you are welcomed through to three double bedrooms, along with a bright and spacious lounge with wood burning stove.
To the rear there is a modern three piece shower room, along with a very useful pantry/storage room. Also to the rear is a modern fitted dining kitchen which overlooks the rear garden.
Externally there is plenty of off street parking for several vehicles, a detached garage and a good sized rear garden which is mainly laid to lawn.
The location of this property is great for commuters who need access to the A610 and the M1. There are local butchers nearby, a church and lovely walks in Waingroves Woods.
There are local schools nearby also with Waingroves Primary School, Codnor Primary School and Ripley Academy being a short drive away.
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
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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 11, Cross Lane, Codnor
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