2-bedroom flat · DE75 7EB
To rentReduced £25 (−2.9%) on 21 OctListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Split-Level Flat To Let – Heanor – £850 pcm A spacious and characterful two-bedroom split-level flat ideally situated in a central Heanor location, just a short distance from the town centre and local amenities.
Set over two floors and benefiting from its own private entrance, this property offers generous accommodation that would be ideal for couples or small families.
The flat is currently undergoing some cosmetic improvements, ready for its next occupants. The first floor comprises a lounge, fitted kitchen, separate WC, bathroom and a bedroom.
To the second floor is a particularly spacious second bedroom, offering a versatile space with characterful features, including exposed beams and sloping ceilings.
With its convenient location, generous accommodation and private entrance, this property presents an excellent opportunity for those seeking a well-proportioned home close to the heart of Heanor.
Car parking to the rear of the property Rent: £850 pcm Early viewing is recommended to appreciate the space and accommodation on offer.
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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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 7 Mundy Street, HEANOR
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