Lowry View, 35 Laceyfields Road, Heanor, Derbyshire, DE75 7HJ

Description

A spacious and well presented three bedroom dormer bungalow on a generous plot with a good sized tarmac car park offering potential for extension, subject to planning. A spacious and well presented three bedroom dormer bungalow

Accommodation / Key Property Details

• Set within a generous plot with scope for extending, subject to planning
• Popular location close to local amenities A spacious and well presented three bedroom dormer bungalow on a generous plot with a good sized tarmac car park offering potential for extension, subject to planning.
• Situated in Langley to the south of Langley Mill near Heanor
• A short distance to shops, retail parks and ASDA supermarket
• Close to Heanor town centre and its shopping facilities
• Laceyfields Academy (Primary School) is close by
• A short distance from Marpool Junior & Infant Schools
• Comprising a spacious and well presented dormer bungalow
• Entrance hallway (stairs to first floor), spacious lounge off

Location

Lowry View, 35 Laceyfields Road, Heanor, Derbyshire, DE75 7HJ

Tenure

Freehold; verify title, lease terms, rights, covenants, easements and special conditions in the legal pack.

Development / Planning

A spacious and well presented three bedroom dormer bungalow on a generous plot with a good sized tarmac car park offering potential for extension, subject to planning. A spacious and well presented three bedroom dormer bungalow Set within a generous plot with scope for extending, subject to planning Popular location close to local amenities A spacious and well presented three bedroom dormer bungalow on a generous plot with a good sized tarmac car park offering potential for extension, subject to planning. Scope to extend the property, subject to planning

Auction Information

Investment Analysis

Investment Snapshot

Market Comparables

The auction particulars are the primary factual source for this sheet. HB value screens are desktop estimates only. Before bidding, verify recent Land Registry sales or specialist commercial/land transactions matching the same micro-location, tenure, size, condition and use.

Proposed Works

HB desktop allowance: £12,000. Confirm scope through inspection, survey and contractor/QS pricing.

Rental Value

No passing/ERV figure extracted from source particulars. No unsupported market rent has been presented as achieved income.

Low / Base / High Investment Scenario

Specialist Commercial Analysis

Verify occupational leases/licences, rent collection, repairing obligations, VAT/business rates, service costs, covenant strength, access and title. ERV is not the same as achieved rent.

Maximum Bid Indicator

Capitalise verified sustainable income at an appropriate yield and deduct buyer premium, works, legal/professional, finance, holding, contingency and required return. SDLT/tax treatment is buyer-specific.

Strategy Recommendation

Income hold/value-add where passing rent and covenant support it; redevelopment only where planning/title evidence supports the alternative use.

Strategy Rating

Income Hold: ★★★★☆ | Value-Add: ★★★☆☆ | Development: ★★☆☆☆

Key Risks

Planning/consent conditions and implementation status; Legal-pack special conditions and seller fees; Physical condition and valuation/finance risk.

Analysis Confidence

High for facts directly reproduced from the Auction Estates particulars; medium/low for HB desktop works/value assumptions until direct comparable research, inspection, survey, legal-pack review and contractor/QS pricing are completed.