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 bungalow · DE75 7FQ
Listing removedListed 521 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Spacious 2-bed detached bungalow on Douglas Avenue, Heanor. Set over 2 plots with planning for a double driveway.
Bright lounge diner, 2 double bedrooms (master with en-suite & garden access). Private enclosed rear garden. Great price at £260,000. Early viewings advised!
Description For Sale - Douglas Avenue, Heanor Guide Price: £260,000 We're delighted to present this spacious detached two-bedroom bungalow set on the sought-after Douglas Avenue in Heanor.
Occupying two plots, this property offers fantastic potential and already benefits from planning permission for a double driveway.
Step inside to find a bright and airy lounge diner, flooded with natural light from large front and rear windows - creating a welcoming, open feel throughout.
The property boasts two generous double bedrooms, with the master featuring its own private en-suite and direct access to the enclosed rear garden - perfect for enjoying your morning coffee or relaxing in the evening.
The manageable, private rear garden is fully enclosed, offering a secure, peaceful outdoor space with plenty of potential.
Offered at a fantastic price of £260,000, this bungalow is ideal for those seeking spacious, single-level living with scope to personalise.
Early viewings are highly recommended- properties like this don't stay around for long!
Entrance Hall 13' 11" x 4' 7" ( 4.24m x 1.40m ) Lounge 12' 4" x 23' 5" ( 3.76m x 7.14m ) Kitchen 9' 4" x 9' 8" ( 2.84m x 2.95m ) Master Bedroom 16' 6" x 9' 6" ( 5.03m x 2.90m ) En-Suite 5' 4" x 5' 6" ( 1.63m x 1.68m ) Bedroom Two 8' 9" x 11' 4" ( 2.67m x 3.45m ) Conservatory 7' 5" x 11' 9" ( 2.26m x 3.58m ) 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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.
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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
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FAQ
About 1, Douglas Avenue, Heanor
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