2-bedroom house · NG16 5PY
Listing removedListed 145 days
Opportunity summary
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About
Most spacious four storey character mews house - A substantial four-storey end mews property forming part of the original lodge to the historic Butterley Hall.
Offering spacious accommodation of approximately 1,200 sq ft across four floors, the property would ideally suit a first-time buyer or young professionals, and enjoys a highly convenient location close to open countryside and Codnor Park Reservoir.
The property benefits from gas central heating and briefly comprises: A lower ground floor entrance hall, dining room with open-plan access to a characterful kitchen area, together with useful storage space.
At ground floor level there is a spacious lounge featuring a fireplace with log burner, with stairs leading to the first-floor sitting room and a generously sized bathroom.
The second floor offers two well-proportioned bedrooms enjoying far-reaching views. Externally, the property benefits from a gravelled parking space to the front.
The Detail The Location Codnor Park and Ironville are popular Derbyshire villages offering a blend of countryside surroundings, local heritage, and excellent commuter links.
Situated close to Ripley and Heanor, the area provides a range of everyday amenities including shops, schools, pubs, and leisure facilities, while also benefiting from nearby access to beautiful open countryside and walking routes around Codnor Castle and Butterley Reservoir.
The location is ideal for commuters with convenient road connections to the A38, M1 motorway, Derby, Nottingham, and Mansfield.
Rail services are available from nearby Alfreton station, offering direct links to Nottingham, Derby, Sheffield, and beyond.
Families are well served by a selection of local schools and recreational facilities, while the surrounding villages retain a welcoming community feel with a mix of traditional character and modern convenience.
Aml Verification In accordance with UK Anti-Money Laundering Regulations, all buyers will be required to complete an identity verification check when an offer is accepted.
A fee of £25 + VAT per purchaser is payable. Leasehold - Ground Rent & Service Charge Ground rent £50 per year Annual service charge £570 Length of lease 967 years left All to be confirmed..
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 6 Butterley Lodge, Parkside Drive, Nottingham
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