3-bedroom semi-detached house · DE75 7UA
For saleReduced £10k (−4.5%) on 20 JunListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Merritt Estates are delighted to present to the market this well-maintained three-bedroom semi-detached home, ideally situated in the popular town of Heanor.
The property offers generous living accommodation alongside excellent access to local amenities and transport links.
Full description Merritt Estates are delighted to present to the market this well-maintained three-bedroom semi-detached home, ideally situated in the popular town of Heanor.
The property offers generous living accommodation alongside excellent access to local amenities and transport links.
Upon entering, you are welcomed by an inviting entrance hall which leads to a convenient downstairs WC, adding practical value to the home.
Positioned at the rear is a spacious lounge, enjoying plenty of natural light and providing an ideal space for both relaxation and entertaining.
The fitted kitchen is thoughtfully designed with ample storage and worktop space, perfectly suited to everyday family living.
To the first floor are three well-proportioned bedrooms, each benefiting from good natural light.
The centrally located family bathroom is fitted with modern fixtures, including a shower over the bath.
Externally, the property features a large rear garden-perfect for outdoor dining, family activities, or further landscaping potential.
Additional benefits include driveway parking for multiple vehicles.
Situated close to local shops, schools, and public transport, this property represents an excellent opportunity for families, first-time buyers, or investors. Early viewing is highly recommended.
These sales particulars have been prepared by Merritt Estates and produced in good faith under the instruction of the vendor. All measurements are approximate.
In accordance with mandatory regulations, all Sales Agents must be part of a redress scheme. Merritt Estates are members of The Property Ombudsman.
Purchaser information: Under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 and the Proceeds of Crime Act 2002, Merritt Estates will require successful purchasers to provide two forms of identification prior to solicitors being instructed.
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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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
Agent & docs
FAQ
About 8, Avocet Close, Heanor
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