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See how verdicts work3-bedroom house · DE75 7HY
Listing removedListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer for sale a three bedroom semi-detached house in need of some refurbishment.
The property offers a lounge/dining room and kitchen to the ground floor with three bedrooms and bathroom to the first floor. The property is double glazed and gas central heated.
Externally, there are front and rear gardens with driveway to side leading to the garage. The property is being sold with no upward.
Council Tax Band B Entrance Hallway (3.96m (13'0") x 1.85m (6'1")) The entrance hall is accessed via a double glazed door to the front elevation.
Access is provided to the lounge and kitchen and stairs provide access to the first floor accommodation.
With radiator, tiled floor covering and understairs storage area Lounge (3.94m (12'11") x 3.25m (10'8")) With double glazed window to the front elevation, fire surround with inset electric fire, radiator and wood effect floor covering.
The lounge is open plan to the dining area Dining Area (2.97m (9'9") x 2.77m (9'1")) With double glazed patio doors to leading out to the rear garden, radiator and wood effect floor covering Kitchen (3.91m (12'10") x 2.54m (8'4")) With a range of matching base and wall units having work surfaces over, inset single drainer sink unit, built in oven, hob and extractor, space for fridge freezer, space and plumbing for automatic washing machine, radiator, double glazed window to the rear elevation and double glazed door leading to the driveway at the side of the property.
The kitchen is accessed via an archway directly off the entrance hallway First Floor Landing With obscure double glazed window to the side elevation, access to the loft space and doors leading into the three bedrooms and bathroom Bedroom One (3.53m (11'7") x 3.33m (10'11")) With double glazed window to the front elevation, radiator, built in wardrobe and wood effect floor covering Bedroom Two (3.35m (11'0") x 3.07m (10'1")) With double glazed window to the rear elevation, radiator and wood effect floor covering Bedroom Three (2.69m (8'10") x 2.03m (6'8")) With double glazed window to the front elevation, radiator and laminate wood floor covering Family Bathroom (2.24m (7'4") x 1.96m (6'5")) With three piece white suite comprising of panelled bath with shower over, vanity hand wash basin, low flush wc, heated towel rail, fully tiled walls and obscure double glazed window to the rear elevation Outside The front of the property offers a lawned area and driveway leading to the garage and rear garden.
The rear garden is mainly laid to lawn with fenced borders
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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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 16, Oliver Close, Heanor
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