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See how verdicts work2-bedroom semi-detached house · DE55 7EF
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Auction Commencing on Monday 16th November at 1pm and ending 24 hours later on Tuesday 17th November from 11am with Auction House Notts and Derby Please register to bid via our website - auctionhouse.co.uk/nottsandderby Two-bedroom semi-detached property requiring full refurbishment, benefiting from a generous rear garden, countryside views and excellent potential to add value.
Open House Viewings (no need to book) Offered for sale by auction is this two-bedroom semi-detached property situated in an established residential location in Alfreton.
Requiring a comprehensive programme of refurbishment and modernisation throughout, the property presents an excellent opportunity for buyers looking to add value and create a home to their own specification.
The ground floor accommodation comprises an entrance hallway, a spacious living room with bay window overlooking the front, a separate dining area and a kitchen providing access to the rear.
To the first floor are two well-proportioned bedrooms and a family bathroom. The property offers approximately 844 sq. ft. (78.4 sq. m.) of internal accommodation.
Externally, the property benefits from a gated frontage and a particularly generous rear garden, which is currently overgrown and requires landscaping.
The garden enjoys an attractive outlook over open countryside to the rear, providing an appealing feature and further potential for improvement.
The property is conveniently positioned for access to Alfreton town centre, offering a range of shops, supermarkets, schools and local amenities.
Alfreton also benefits from excellent transport connections, with access to the A38 and M1 motorway network, making it suitable for commuters travelling towards Derby, Nottingham, Mansfield and surrounding areas.
An exciting refurbishment opportunity with considerable potential to add value, making it an ideal purchase for investors, developers or buyers seeking a renovation project.
Early viewing is highly recommended to appreciate the accommodation, generous garden and countryside outlook on offer.
Tenure: Freehold EPC Rating: ordered Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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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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 67 Bishop Street, Alfreton, Derbyshire DE55 7EF
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