Modern Method of Auction
Auction date not yet published
4-bedroom house · DN22 6FF
For saleReduced £25k (−16.7%) on 7 OctListed 174 days
Opportunity summary
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About
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
DON260445/8 Description Offered via the modern sale method where you can buy quickly and securely. Simply view, bid and buy straight away! Call the office for further details.
This is not to be missed. Superb three storey town house situated in popular location offered for sale with long term sitting tenant. With first floor lounge and dining kitchen.
There are four good sized bedrooms, with en-suite to bedroom 1 and bathroom. The property has the added benefits of gas central heating, double glazing, enclosed gardens to rear and a garage.
The property is attractively priced to allow for an early sale, an ideal investment with long term sitting tenant. Epc rating grade C.
Location The property sits just a couple of streets from the town rail station, the A1 is accessed within 4 miles and for those travelling further afield.
The property is situated less than a mile from the town centre where amenities include shops, boutiques restaurants and pubs.
For those who enjoy walking, there is an award winning park, Kings park positioned off the town centre with playpark, rose garden and bowling green as well as lovely routes along the Chesterfield canal and the River Idle.
In addition to this the local schools are superb, making this an ideal choice for investors. Entrance Hall With stairs to first floor, coving to ceiling and a central heating radiator.
Cloakroom/Wc Withlow level Wc, pedestal hand wash basin, part tiling to walls, extractor fan and a central heating radiator.
Bedroom 4 (2.46m x 2.53m) Having front facing double glazed window, useful built in cupboard and a central heating radiator.
Kitchen/Diner (3.78m x 4.72m) Having rear facing double glazed window, range of wall & base units, work top surfaces inset stainless steel sink & drainer and mixer taps.
Gas cooker point with recess for range style cooker & extractor over. Built in fridge & freezer and dishwasher, part tiling to walls, central heating radiator and door to the rear garden.
First Floor Landing With stairs to second floor, built in cupboard and a central heating radiator.
Lounge (3.79m x 4.74m) With feature fireplace, back & hearth & living flame fire, coving to ceiling, central heating radiator and two sets of french doors with Juliet balcony's over looking the rear garden.
Bedroom 3 (3.82m x 2.7m) Having two front facing double glazed windows and a central heating radiator. Second Floor Landing With access to loft space.
Bedroom 1 (3.8m x 3.34m) Having two rear facing double glazed windows, built in wardrobe and a central heating radiator.
En-Suite Shower/Wc (1.12m x 2.79m) Three piece white suite comprising, shower cubicle, pedestal hand wash basin and low level Wc. Part tiling to walls, extractor fan and a central heating radiator.
Bedroom 2 (3.82m x 2.72m) Having two front facing double glazed windows, built in wardrobe and a central heating radiator.
Bathroom/Wc (1.51m x 2m) Three piece white suite comprising, panelled bath, pedestal hand wash basin and low level Wc. Part tiling to walls, extractor fan and a central heating radiator.
Outside Gardens The property benefits from a small garden area to the front with the main garden to the rear which is fence enclosed laid to lawn with patio area and rear access gate.
Garage With up & over door.
Tenure Freehold Local Authority Bassetlaw District Council Council Tax Band B Agents Note Please note the property is subject to an Assured Tenancy Agreement currently let at £750pcm.
For further details contact the selling agents.
Auctioneer's Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
Auctioneer's Comments Continued The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc.
VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
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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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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 advisors 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.
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