2-bedroom house · DE55 4AS
For saleReduced £10k (−8.7%) on 14 OctListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Home2Sell are delighted to offer For Sale with no chain this two double bedroom terraced house offering great potential for an investor or first time buyer.
Requiring some general improvement an internal inspection will reveal two good size reception rooms, a kitchen with utility area, two double bedrooms and a very well proportioned bathroom.
Outside there is a rear garden with a brick store. The property also benefits from UPVC double glazing and gas central heating. Early viewing is advised.
Front Reception Room (3.94m x 3.70m) Having a feature tiled floor, UPVC double glazed window and a UPVC front entrance door. Ceiling light, radiator and a cupboard housing the gas and electric meters.
Inner Lobby Having the stairs rising to the first floor.
Rear Reception Room (3.91m x 3.68m (12'9" x 12'0")) A good size second reception room having an exposed brick chimney breast recess, UPVC double glazed window to the rear elevation, carpet, ceiling light and a radiator.
The room also has access to a very useful an under stairs storage cupboard with light. Kitchen (4.40m x 2.08m (14'5" x 6'9")) Having matching wall and base units with roll edge work tops.
Integral four ring gas hob with an extractor hood above and an electric fan assisted oven below. Inset single bowl sink and drainer with mixer tap.
UPVC double glazed window to the side elevation and an opaque UPVC double glazed rear entrance door. Ceiling light and a radiator.
Utility Room (1.32m x2.08m (4'3" x6'9")) Having plumbing for a washing machine, light and a UPVC double glazed window to the side elevation. Stairs And Landing Two ceiling lights.
Bedroom One (3.91m x 4.83m (12'9" x 15'10")) A very well proportioned bedroom having a UPVC double glazed window to the front elevation, feature tiled fire place surround, ceiling light and a radiator.
The bedroom also has a walk in storage cupboard with light and the loft access hatch.
Bedroom Two (3.85m x 2.50m (12'7" x 8'2")) The second double bedroom has a UPVC double glazed window to the rear elevation, ceiling light and a radiator.
Bathroom (4.85m x 2.11m (15'10" x 6'11")) Appointed with a low flushing WC, a pedestal wash hand basin with pillar taps and a paneled side bath with mixer tap having a shower attachment.
Ceiling light, radiator and an opaque UPVC double glazed window to the rear elevation. Fitted cupboard housing the gas combination boiler.
Outside To the front of the property is a shallow front garden behind a low wall.
A gate to the side leads under covered side access to the rear garden where there is a yard area with a cold water tap and outside light. The main garden area has a brick garden store.
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 107, Greenhill Lane, Alfreton
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