2-bedroom semi-detached house · DE24 0GE
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In Partnership with BTG Eddisons Property Auctions – Auction Date 29-30th July.
Occupying a pleasant position, this charming two-bedroom semi-detached cottage offers deceptively spacious accommodation, blending character and charm with practical modern living.
The property is entered via a welcoming entrance hallway, which provides access to the principal ground floor rooms.
To the front of the property is a comfortable living room, whilst a separate dining room to the opposite side offers an ideal space for entertaining or family dining.
To the rear, the fitted kitchen provides a range of units and work surfaces and leads through to a bright conservatory overlooking the garden.
Outside, the property enjoys a delightful cottage-style rear garden, thoughtfully arranged with a variety of planting and seating areas, creating a private and relaxing outdoor space.
A useful brick-built storage outbuilding provides excellent additional storage.
To the first floor, the landing leads to two generous double bedrooms, a family bathroom and a separate study overlooking the rear garden, offering an ideal space for home working, hobbies or occasional guest accommodation.
Outside, the property enjoys a delightful cottage-style rear garden, thoughtfully arranged with a variety of planting and seating areas, creating a private and relaxing outdoor space.
Three useful brick-built storage outbuildings provide excellent additional storage.
Combining characterful accommodation with versatile living space, this attractive cottage offers a rare opportunity in Alvaston.
Situated within the popular suburb of Alvaston, the property enjoys convenient access to a wide range of local amenities including shops, supermarkets, schools and healthcare facilities.
Excellent transport links provide easy access to Rolls-Royce, Derby city centre, the A6, A50 and M1 motorway network, making it an ideal location for commuters.
The area is also well placed for enjoying nearby green spaces, including Elvaston Castle Country Park, offering beautiful walks and outdoor leisure opportunities.
Tenure Freehold Occupancy Vacant possession upon completion Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.
Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 5% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc.
VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
General Note Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property.
Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Draft Sales Particulars These sales details are awaiting vendor approval Hallway 3'3" x 7'2" (1.0m x 2.2m) Living Room 11'3" x 14'11" (3.4m x 4.5m) Dining Room 9'11" x 14'10" (3.0m x 4.5m) Conservatory 14'7" x 9'1" (4.4m x 2.8m) Bedroom 1 9'11" x 15'0" (3.0m x 4.6m) Bedroom 2 11'5" x 11'11" (3.5m x 3.6m) Study 5'1" x 8'10" (1.6m x 2.7m) Bathroom 6'0" x 9'1" (1.8m x 2.8m) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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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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
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FAQ
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