2-bedroom bungalow · DE55 2EE
Listing removedListed 122 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
JMS Sales & Lettings are delighted to offer the market this recently constructed two bedroom end terraced bungalow, with a gas central heating system and double glazing.
Briefly the accommodation offers a spacious entrance porch with built in shoe storage unit, delightful open plan lounge/dining area and kitchen.
There are two good sized bedrooms and a bathroom with white three piece suite. Externally to the rear there is an enclosed garden with lawn, seating area and gravelled pathway.
To the side there is a further lawn and to the front wrought iron decorative fencing. There is also parking for two motor vehicles.
Within South Normanton there are a selection of facilities to include a late opening Co-Op, general store, petrol station, post office, chemist, medical centre, fast food outlets, public houses, community centre, places of worship and a range of schooling.
The M1/A38 may be accessed at junction 28 providing transport links to the surrounding centres of Nottingham, Derby, Mansfield and Chesterfield.
Lying just off the A38 is The East Midlands Designer Outlet offering a further selection of retail opportunities. This property won't be available for long, viewing is highly recommended.
Council Tax Band: A
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Water Lane, South Normanton, Alfreton
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