We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DE7 6EZ
Listing removedListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** cozy cottage alert *** Located in this stunning, semi-rural position in the sought after village of Stanley, a wonderful and deceptively spacious two bedroom cottage.
Positioned in a secluded setting with just a handful of properties, with surrounding countryside and open views, features include a generous dining kitchen, conservatory, a driveway, and wonderful private garden with open countryside views.
Briefly comprising; dining kitchen, lounge, conservatory. To the first floor, two bedrooms, primary with a juliet balcony to take in the panoramic views, and bathroom.
Outside, the property is located in a secluded position with surrounding farms and fields.
To the front is a driveway providing off road parking, whilst the rear garden is a particular feature, privately enclosed and mature with open views.
Properties like this rarely come to the market, to avoid disappointment contact Watsons today to arrange a viewing.
Dining Kitchen 4.99m x 4.01m (16' 4" x 13' 2") A range of matching wall & base units, wooden work surfaces incorporating an inset Belfast sink.
Inglenook style fire place with inset space for Range cooker. Plumbing for washing machine & tumble dryer. Quarry tiled flooring with underfloor heating, traditional, feature lighting.
2 uPVC double glazed windows to the front, uPVC double glazed window to the side, oak doors to the stairs to the first floor and lounge, stable door to the front.
Lounge 4.99m x 3.7m (16' 4" x 12' 2") UPVC double glazed windows to the side & front, feature brick built fire place, traditional radiator, solid wood flooring with underfloor heating and door to the conservatory.
Conservatory 5.4m x 2.63m (17' 9" x 8' 8") UPVC double glazed construction with poly carbonate roof and French doors to the rear garden.
Landing UPVC double glazed window to the side, access to the attic (partly boarded) and oak doors to both bedrooms and bathroom.
Bedroom 1 4.71m x 3.74m (15' 5" x 12' 3") UPVC double glazed window to the side, traditional radiator and French doors to the Juliet balcony with stunning open views.
Bedroom 2 4.09m x 2.46m (13' 5" x 8' 1") UPVC double glazed window to the front, traditional radiator and feature traditional fire place.
Bathroom 4 piece suite in white comprising WC with high cistern and chain pull, feature pedestal sink unit, freestanding bath and shower cubicle.
Obscured uPVC double glazed window to the front, tiled flooring with underfloor heating and traditional radiator.
Outside To the front of the property is a block paved driveway providing ample off road parking.
The generous South facing rear garden offers an excellent level of privacy with stunning open views over nearby countryside and comprises a spacious paved patio seating area, steps down to a turfed lawn, flower bed borders with a range of mature plants & shrubs.
A further turfed lawn beyond the picket fence. Other features include a timber built shed. The garden is enclosed by timber fencing to the sides with gated access to the side.
Agents Note The seller has provided us with the following information: The boiler is located in the kitchen and was last serviced in 2025.
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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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 142, Morley Lane, Ilkeston
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