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See how verdicts work2-bedroom house · DE75 7FW
Sold STCListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale is this two bedroom mid terrace house having double glazing and gas central heating. The property is sold with the current tenant.
The accommodation comprises of lounge, dining room and kitchen to the ground floor. Two bedrooms and bathroom to the first floor. Outside there is an enclosed garden to the rear.
This property is an ideal first time buy or investment, viewing is strongly recommended and is sold with no upward chain.
Lounge (5.49m (18'0") x 3.96m (13'0")) Double glazed window to the rear elevation, central heating radiator, staircase to the first floor and access to the kicthen.
Dining Room (3.96m (13'0") x 3.35m (11'0")) Double glazed window to the front elevation, door to the front elevation. Central heating radiator.
Kitchen (5.71m (18'9") x 2.13m (7'0")) Double glazed window to the side elevation, double glazed window to the rear elevation. Door leading to the rear garden.
1 1/2 bowl sink unit with mixer taps and side drainer, work surfaces, base and wall units. Plumbing for automatic washing machine. Central heating radiator.
First Floor/Landing Access to the two bedrooms and bathroom Bedroom One (3.96m (13'0") x 3.30m (10'10")) Double glazed window to the front elevation and central heating radiator.
Bedroom Two (3.66m (12'0") x 2.84m (9'4")) Double glazed window to the rear elevation. Central heating radiator. Bathroom (3.66m (12'0") x 2.08m (6'10")) Double glazed window to the rear elevation.
Four piece suite comprising of corner bath, wash hand basin, low flush w/c and shower cubical with shower over. Garden Enclosed garden to the rear mainly laid to lawn. Fenced and hedged borders.
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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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.
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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
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FAQ
About 24, Wellington Street, Heanor
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