Auction
Auction date passed
This lot went to auction on 13 October 2026 (7 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
4-bedroom terraced house · DE55 4EJ
For saleReduced £2k (−10%) on 9 OctListed 27 daysAuction 13 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Tuesday 13th October 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Vacant Freehold 4 Bedroom Terrace requiring modernisation throughout, the property offers investors and owner-occupiers generous accommodation with scope to add value.
The accommodation briefly comprises two reception rooms, a kitchen and a bathroom with WC to the ground floor, with three bedrooms to the first floor and a further loft room to the second floor.
The property benefits from gas central heating and double glazing. Externally there is a garden to the rear.
South Street lies close to the Midland Railway Centre and Codnor Park country park, with Riddings Junior School and Riddings Infant and Nursery School both about a third of a mile away and Swanwick Hall School roughly one and a quarter miles.
Trent Barton buses run along the B600 Greenhill Lane a few hundred yards away to Alfreton and Ripley, Alfreton railway station is about two miles away on the Nottingham to Sheffield line, the A38 at Alfreton and the A610 at Codnor are each within about two and a half miles and lead to Junction 28 of the M1 in roughly five miles, with Alfreton town centre about two miles and Derby around fourteen miles.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
viewing days & time Saturday 26th September 2026: 12pm Friday 2nd October 2026: 11am Wednesday 7th October 2026: 12pm Monday 12th October 2026: 12pm Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 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 8 South Street, Riddings, 8 South Street, Riddings, Alfreton
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