3-bedroom bungalow · DE55 4NZ
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Private Detached Bungalow With 5.5 Acres In Pye Bridge **Guide Price £550,000 - £600,000** Occupying a plot of approximately 5.5 acres, this individually designed three-bedroom detached bungalow presents a rare opportunity to acquire a home with extensive land in the village of Pye Bridge.
Whether you're looking for a smallholding, space for horses, or simply a lifestyle surrounded by open countryside, this unique property offers exceptional potential.
Set behind private gates, the property enjoys a high degree of privacy with a generous driveway providing ample off-road parking.
Inside, the bungalow offers well-proportioned accommodation designed for comfortable day-to-day living.
The spacious lounge provides an inviting space to relax, while the kitchen is well equipped for family life and enjoys views across the surrounding grounds.
Three well-sized bedrooms offer flexible accommodation for families, guests or those working from home, all served by a family bathroom. The grounds are what truly set this property apart.
The land offers outstanding potential for a variety of lifestyle and business opportunities, whether that's creating private equestrian facilities with stables and paddocks, establishing a smallholding, or exploring the potential for kennels or a cattery, subject to any necessary planning permissions and consents.
Opportunities to acquire this amount of land in such an accessible location are few and far between.
Beyond its versatility, the land provides a wonderful sense of space and privacy, creating an idyllic setting to enjoy rural living while remaining well connected.
Whether you're looking to develop the grounds over time or simply enjoy the freedom that comes with owning acreage, this is a property that offers endless possibilities.
Despite its peaceful setting, the property remains conveniently located.
Pye Bridge offers excellent access to nearby towns including Alfreton and Ripley, where you'll find a range of shops, schools and everyday amenities.
The A38 and M1 are also within easy reach, making commuting across Derbyshire, Nottinghamshire and beyond straightforward. It's not often a property like this comes to the market.
Combining approximately 5.5 acres with a detached bungalow in a convenient location, it offers privacy, flexibility and exceptional potential.
**These property particulars are issued in good faith but do not form part of any offer or contract.
All descriptions, floorplans, photographs and other information are provided as a guide only and may not be exact.
Buyers are advised to verify key facts such as tenure, planning permissions, fixtures and fittings, lease length, ground rent, service charges, council tax bands and energy performance ratings through their legal representative.
In line with UK anti-money laundering regulations, all named purchasers and any giftors contributing funds must complete an aml (Anti-Money Laundering) check.
A charge of £20 + VAT per person applies for this service. Please ensure all relevant parties are submitted for verification to avoid delays.
We have taken all reasonable steps to ensure the accuracy of this information, and material information is provided in line with current National Trading Standards guidance and the Digital Markets, Competition and Consumers Act 2025.
Please contact us if you require further clarification on any point before making a transactional decision.**
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Mill Meadow Farm, Erewash Street, Alfreton
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