We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · DE55 7LY
Listing removedListed 237 daysAuction 25 Mar · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 25th of March 2026. TWO BEDROOM SEMI DETACHED PROPERTY. RENOVATION OPPORTUNITY. FOR SALE BY AUCTION. EXCELLENT POTENTIAL. DESIRABLE VILLAGE LOCATION. GDV c£225,000.
Description Town & Country Property Auctions are pleased to offer to the market for sale by online public auction, 15 Birches Lane, Alfreton, Derbyshire.
Prospective bidders should note that this property requires a full refurbishment. The property has no kitchen or bathroom and will require a new roof. There is no central heating.
The property occupies and elevated position on Birches Lane with far reaching views over the surrounding countryside.
The accommodation briefly comprises as follows: Porch Reception Hall Sitting Room Two Bedrooms Potential Shower Room Externally, to the rear of the accommodation is a large garden (currently overgrown) including a brick built outbuilding.
South Wingfield is a village a civil parish in Derbyshire, forming part of the Amber Valley.
The desirable villages of Alfreton and Crich are only a short distance away and offer all of the usual amenities.
Comparable Sales: 17 Birches Lane, Alfreton - 2 bedroom semi detached - Sold £202,500 in June 2023. 3 Birches Lane, Alfreton - 2 bedroom semi detached - sold £239,995 in November 2025.
18 Wessington Lane, Alfreton - 2 bedroom terraced - sold £240,000 in October 2025.
Viewings will be offered to serious prospective purchasers who can demonstrate that they are proceedable under auction terms.
Tenure Freehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk. Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs

FAQ
About 15 Birches Lane, South Wingfield, Alfreton, Derbyshire, DE55 7LY
Explore nearby