2-bedroom flat · DE75 7EB
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Ashley Adams are delighted to market this well presented and well maintained property just a stone throw away from Heanor Town Centre and benefits from off road parking.
Description Ashley Adams are delighted to market this well presented and well maintained property just a stone throw away from Heanor Town Centre.
The property benefits from allocated car parking and in brief comprises of an entrance hallway, lounge, dining room/ additonal bedroom and a fitted kitchen.
To the first floor of the flat is a double bedroom and bathroom.
Situated within easy reach of Heanor town centre, this location offers a fantastic blend of convenience, community amenities, and excellent transport links, making it popular with first-time buyers, families, and investors alike.
Commuters will appreciate the excellent road connections via the A608, providing easy access to Ilkeston, Ripley, Derby, Nottingham, and the wider motorway network including the M1 (Junctions 25-28).
Contact Ashley Adams Derby to book your Viewing! Entrance Hallway Accessed via the door to the front and has stairs rising to the first floor, radiator and door into the lounge.
Lounge With two double glazed windows to the side elevation, radiator, storage cupboard, and door into the kitchen and dining room.
Kitchen Fitted with a range of matching wall and base units with worksurfaces over, integrated gas hob and fan oven with extractor hood over, space and plumbing for washing machine and has part tiling to walls.
Radiator. Dining Room/ Second Bedroom With storage cupboard, large double glazed window and a radiator. First Floor With additional storage space.
Bedroom One With velux window, radiator and storage cupboards.
Family Bathroom Fitted with a three piece suite comprising of a bath with shower over and a shower screen attached, w.c and wash hand basin. Heated towel rail.
Aml Fee Please note that an £80 aml fee covers the cost of carrying out the required identity and anti-money laundering checks when an offer has been accepted.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Lease details are currently being compiled.
For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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
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FAQ
About Mundy Street, Heanor
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