3-bedroom house · DE55 5QL
Sold STCReduced £10k (−5%) on 22 SepListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £200,000 - £210,000 Situated on the popular Mill Farm development in Tibshelf, this beautifully presented three-bedroom semi-detached home offers stylish, low-maintenance living that's perfect for first-time buyers, downsizers and those looking for a home ready to move straight into.
Carefully styled by the current owners, the property enjoys a warm and welcoming feel throughout, with tasteful décor adding character and individuality rarely found in many modern homes.
The accommodation opens with an entrance hall incorporating a convenient downstairs W.C.
To the front of the property is a contemporary kitchen/diner fitted with a range of integrated appliances and providing an excellent space for everyday dining.
To the rear, the inviting living room enjoys French doors opening onto the garden, allowing natural light to flood the space and creating an ideal setting for both relaxing and entertaining.
To the first floor are two well-proportioned double bedrooms, a versatile third bedroom ideal as a nursery, dressing room or home office, and a modern family bathroom fitted with a shower over the bath.
Outside, the property benefits from driveway parking for two vehicles and an enclosed rear garden featuring a lawn and patio, providing a fantastic space for entertaining and relaxing.
Mill Farm continues to prove popular with buyers thanks to its convenient position within easy reach of local amenities, schools and countryside walks, whilst excellent commuter links via Junction 28 of the M1 and the A38 provide straightforward access to Chesterfield, Nottingham, Derby and Sheffield.
Combining modern convenience with stylish interiors and a highly practical layout, this is a fantastic opportunity to purchase a home that will appeal to a wide range of buyers seeking comfort, convenience and a property they can immediately enjoy.
Energy Rating - B. Tenure - Freehold. Redbrik securemovetm - important please read: Redbrik is marketing this property with the benefit of Redbrik SecureMoveTM.
Redbrik has introduced SecureMoveTM to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer.
Purchasers will benefit from the Buyer Information Pack (bip), which we have created with our legal partners, to give buyers more information before they agree to purchase.
The pack includes: TA6 (Property Information Form) TA10 (Fittings and Contents) Official Copy of the Register Title Plan Local Search* Water and Drainage Search* Coal and Mining Search* Environmental Search* (Redbrik has ordered the local, drainage, coal and environmental searches; we will add these to the bip as they become available) Redbrik SecureMoveTM allows the sale process to be completed significantly quicker than a ‘normal sale’.
This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed.
The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.
Additionally, and on behalf of the Seller, Redbrik requires the successful Buyer to enter into a Reservation Agreement and pay the Reservation Agreement Fee of £595 (including VAT).
This includes payment for the Buyer Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).
Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as Sold Subject To Contract (sstc).
EPC Rating: B Garden An enclosed rear garden featuring a lawn and patio, providing a fantastic space for entertaining and relaxing.
Parking - Off Street Outside, the property benefits from driveway parking for two vehicles.
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
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FAQ
About 103 Mill Farm Drive, Alfreton
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