2-bedroom house · DE75 7PW
Listing removedReduced £5k (−3.3%) on 23 JulListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale is this well presented two bedroom mid terrace house having double glazing and gas central heating.
The accommodation briefly comprises of a lounge, dining room, rear lobby and re fitted kitchen to the ground floor. Two bedrooms and a re fitted bathroom with four piece suite to the first floor.
Outside there is an enclosed garden to the rear. This beautiful would make an ideal first time buy or investment purchase and is sold with no upward chain.
Viewing is essential to fully appreciate what this home has to offer. Lounge (3.78m (12'5") x 3.38m (11'1")) Door to the front elevation, double glazed window to the front elevation.
Electric fire, coving to the ceiling and central heating radiator. Door leading to the dining room.
Dining Room (5.54m (18'2") x 3.78m (12'5")) Large dining room with double glazed window to the rear elevation, fire with Adams style fire surround.
Laminate floor covering, stair case to the first floor and under stairs storage. Ceiling rose and coving to the ceiling. Door leading to the rear lobby.
Rear Lobby Door leads to the enclosed rear garden and open plan access to the kitchen. Vertical central heating radiator.
Kitchen (4.01m (13'2") x 1.96m (6'5")) Stunning re fitted kitchen comprising of a one and a half bowl sink unit with mixer taps and side drainer inset into work surfaces a range of base and wall units with built in double oven, fridge/freezer.
Dishwasher, hob with extractor hood, spotlights to the ceiling, vertical central heating radiator. Double glazed window to the side elevation and door to the rear leading to the enclosed rear garden.
First Floor/Landing Access to the two bedrooms and bathroom. Bedroom One (3.78m (12'5") x 3.43m (11'3")) Two double glazed windows to the front elevation and central heating radiator.
Bedroom Two (3.76m (12'4") x 2.84m (9'4")) Double glazed window to the rear elevation and central heating radiator.
Bathroom (3.66m (12'0") x 2.06m (6'9")) Beautiful white four piece bathroom suite comprising of shower cubical with shower over, panelled bath, low flush wc and wash hand basin with storage below.
Double glazed frosted window to the rear elevation. Chrome heated towel rail. Outside Set back of the road there is a small garden area with paved access to the front door.
Enclosed garden to the rear with patio area. The garden is mainly laid to lawn with a garden pond. Fenced perimeter.
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 59, Gladstone Street, Heanor
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