3-bedroom semi-detached house · DE12 7NL
Sold STCListed 221 days
Opportunity summary
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About
Auction Commencing on Monday 09th March at 1pm and ending 24 hours later on Tuesday 10th March at 1pm with Auction House Notts and Derby.
Please register to bid via our website - auctionhouse.co.uk/nottsandderby Three Bedrooms, Generous Plot, Requiring Modernisation.
Open House Viewings (no need to book) Friday 27th Feb 11-11.30am Monday 2nd March 11-11.30am Friday 6th March 1-1.30pm A three bedroom semi-detached property requiring a programme of modernisation and improvement, offering excellent potential for owner occupiers, developers or investors alike.
The property benefits from off-road parking for multiple vehicles, a detached garage and a particularly large rear garden, making this an exciting opportunity to add value.
The accommodation briefly comprises entrance hall, living room and kitchen/dining room to the ground floor.
To the first floor are three bedrooms and a family bathroom, which also houses a recently fitted combination boiler. The property has gas central heating (not tested) and double glazing where stated.
Externally, to the front is a driveway providing off-road parking for several vehicles.
To the rear is a substantial garden extending to a generous depth, offering scope for landscaping, extension (subject to planning) or further development.
A detached garage is located to the rear of the plot.
The property is conveniently situated within the popular village of Measham, offering access to local shops, schools and amenities, together with good road links to Ashby-de-la-Zouch, Swadlincote, Burton upon Trent and the A42/M42 motorway network.
Accommodation (approximate): Entrance Hall Living Room Kitchen/Dining Room Three Bedrooms First Floor Bathroom (with recently fitted combi boiler) Outside: Off-road parking for multiple vehicles Detached garage Large rear garden Tenure: Freehold The property is offered for sale by traditional auction and is sold subject to a 10% deposit payable on the fall of the hammer, with completion typically within 28 days.
Tenure: Freehold EPC Rating: ordered Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 16 The Croft, Measham, Swadlincote, Leicestershire DE12 7NL
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