2-bedroom terraced house · DE5 9QB
Listing removedListed 120 daysAuction 15 Jul · ended
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 Wednesday 15th July 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Vacant Freehold 2 Bedroom Terraced Property Offering Excellent Potential for Refurbishment and Value Enhancement.
Requiring modernisation throughout, this property presents an attractive opportunity for investors, developers, or owner-occupiers seeking to improve and add value to a well-located residential property.
The accommodation briefly comprises a reception room, kitchen/diner, two bedrooms and a bathroom.
The property would benefit from a comprehensive programme of refurbishment and modernisation throughout, providing significant scope to enhance the accommodation and maximise its future value.
Externally, the property benefits from a rear garden, offering useful outdoor space together with further potential for improvement and landscaping to enhance the overall appeal of the property.
Similar properties in the area have sold in excess of £195,000 once refurbished.
Situated in Derbyshire, the property enjoys a convenient residential location within easy reach of local shops, schools, amenities, and public transport links.
Good road links provide access to Derby, Nottingham, Alfreton, and the wider East Midlands region.
The location is well suited to both owner-occupiers and investors seeking a property with refurbishment potential in an established residential area.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
VIEWING DAYS & TIME Friday 26th June 2026: 10am Saturday 4th July 2026: 12pm Thursday 9th July 2026: 12pm Tuesday 14th July 2026: 1pm 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.
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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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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 advisors 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
Agent & docs
FAQ
About 9 High Street Codnor, Derbyshire, DE5 9QB
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