3-bedroom semi-detached house
For saleListed 9 daysAuction 11 Nov · in 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction: Thursday 12th November 2026 This well-presented semi-detached family house is an excellent opportunity for investors, requiring modernisation but offering plenty of potential.
The main entrance opens directly into the lounge, featuring an electric fire that creates a welcoming focal point.
The dining room, with its own feature electric fireplace and useful under stairs storage cupboard, provides ample space for family meals and gatherings.
The kitchen is designed with wooden effect worktops and integrated cooking appliances, including an electric oven, hob, and extractor fan, while a Baxi boiler ensures efficient heating and hot water.
Additional practicality is provided by a utility room with a two-piece WC.
Upstairs, three well-proportioned bedrooms offer flexible accommodation for families or guests, with the rear guest bedroom benefitting from a bright double aspect.
The bathroom is fitted with a modern three-piece suite and a towel radiator for added comfort. The rear garden includes a decked seating area, a lawn, and an outbuilding with water access.
A side gate allows easy bin access. The property will be sold by Online Auction (unless sold previously by Private Treaty).
In order to bid on this Lot, interested parties must follow the registration procedures whcih can be found within the property’s listing on the David James website.
Interested parties should note that our Online Auctions are Traditional Auctions (not to be confused with "Modern Method of Auctioneering"). The fall of the hammer creates a binding contract.
There is no reservation fee payable on the part of the buyer. Reserve Price: This is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
EPC Rating: D Lounge (3.47m x 3.38m) Dining Room (3.99m x 3.62m) Kitchen (3.40m x 2.19m) Utility Room (2.14m x 0.77m) WC (1.46m x 0.79m) Landing (5.03m x 0.79m) Bedroom One (3.47m x 3.41m) Bedroom Two (4.29m x 2.12m) Bedroom Three (2.52m x 2.44m) Bathroom (2.75m x 1.36m) Outbuilding (1.71m x 1.56m) Disclaimer These particulars are produced in good faith and are set out as a general guide only.
Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients.
As remuneration for this professional relationship, the agent receives referral commission from the third-party company.
David James Estate Agents receives the following commission from each third party supplier on a per referral basis: All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average) MoveWithUs Limited: £188 including VAT (average)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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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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
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FAQ
About 40 Russell Street, Sutton-In-Ashfield
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