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 house · DE55 4DD
For saleReduced £30k (−15%) on 5 SepListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free one bedroom barn conversion with loft room, garage & parking Offered to the market with no onward chain, this charming one bedroom terraced barn conversion combines character features with practical modern living.
Boasting beautifully handcrafted joinery throughout, the property offers a unique home with thoughtfully designed accommodation, making it ideal for first-time buyers, downsizers or investors alike.
The ground floor comprises a welcoming living/dining room, providing a comfortable space for relaxing and entertaining, alongside a well-appointed kitchen offering ample storage and workspace for everyday cooking.
The property benefits from a generous double bedroom and a bathroom fitted with a shower, creating comfortable and functional accommodation.
A particular feature of the home is the versatile loft room, complete with bespoke fitted wardrobes.
This adaptable space could be used as a home office, hobby room, dressing room or occasional guest accommodation, subject to a purchaser's own requirements.
A standout feature of the property is the exceptional handcrafted joinery found throughout, including bespoke internal doors, the staircase, fitted wardrobes and built-in storage cupboards, all adding character, quality and practicality to the home.
Externally, residents can enjoy well-maintained communal gardens, providing attractive outdoor space without the maintenance responsibilities of a private garden.
The property also benefits from a garage and off-street parking, offering valuable storage and convenient parking.
Situated in the popular village of Riddings, the property is within easy reach of a range of local amenities including shops, supermarkets, cafés, schools and healthcare facilities.
The nearby town of Alfreton offers a wider selection of retail and leisure amenities, while excellent road links via the A38 and M1 provide convenient access to Derby, Nottingham, Chesterfield and surrounding areas, making the location ideal for commuters.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.
Exclusivity Fee: You can secure the purchase today by paying an exclusivity fee of £2,000 which gives you the rights to purchase within a given timeframe.
The exclusivity fee is returned to you upon successful completion of the property.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Paying this fee ensures that the seller takes their property off the market and reserves it exclusively for you, therefore eliminating the risk of gazumping and aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
Living Area (3.68m x 3.25m) Dining Area (2.51m x 2.34m) Kitchen (2.49m x 3.78m) Bathroom Loft Room (2.74m x 6.48m)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
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FAQ
About 18, Park Mews, Riddings
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