5-bedroom bungalow · DE55 7DE
Sold STCListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a convenient town centre location, this substantial five/six-bedroom detached bungalow extends to over 1,740 sq ft, occupying an attractive plot of approximately 0.24 acres and offering excellent potential for multi-generational living, home working, or a large family.
The property provides spacious and versatile accommodation, including generous living and dining areas, a fitted kitchen, five bedrooms and a further room offering flexibility as either a sixth bedroom or additional reception room.
There are two bathrooms: The main family bathroom and a second, part-completed bathroom, currently intended to become a shower room.
There is also a useful boiler/utility space, providing practical additional storage and service accommodation.
Externally, the property is private and set back from the road whilst benefiting from ample off-road parking for up to five cars with fitted EV charging point.
A particularly generous garden, featuring areas of lawn, paved patios and a well established pond.
The size of the plot offers considerable scope for landscaping and further enhancement, subject to any necessary planning consents.
Situated on King Street in Alfreton, the property is conveniently positioned for the town's range of local amenities, including shops, schools and everyday services.
Excellent road connections are also available, with easy access to the A38 providing convenient links towards Derby, Nottingham and the wider East Midlands.
An exciting opportunity for buyers seeking a generous detached bungalow for a large family, or multi-generational living, with large private gardens, ample parking and scope to add personalisation to an already substantial home.
*Please Read* Dales & Peaks Forwardmove Dales & Peaks is marketing this Property with the benefit of ForwardMove.
Dales & Peaks has introduced ForwardMove to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer.
Purchasers will benefit from the Buyer Information Pack (bip), which we have created with our legal partners, to give buyers more information before they agree to purchase.
The pack includes: Property information form (TA6) Fixtures and contents form (TA10) Official Copy of the Register (OC1) Title Plan (OC2) Local Search* Water and Drainage Search* Coal and Mining Search* Homescreen / Environmental Search* (Dales & Peaks has ordered the local, drainage, coal and homescreen / environmental searches; we will add these to the bip as they become available) ForwardMove allows the sale process to be completed significantly quicker than a ‘normal sale’.
This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed.
The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.
Additionally, and on behalf of the Seller, Dales & Peaks requests that the successful Buyer enters into a Reservation Agreement and pays the Reservation Agreement Fee of £595 (including VAT).
This includes payment for the Buyer Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).
Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as Sold Subject To Contract (sstc).
During the Reservation Agreement period, the Seller will reject all offers and not enter into another agreement with any other buyer.
The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days. The Reservation Fee is non-refundable except where the Seller withdraws from the sale.
A copy of the Reservation Agreement is available on request, and Dales & Peaks advises potential buyers to seek legal advice before entering into the Reservation Agreement.
If you have any questions about the process or want to know how selling or buying with Dales & Peaks ForwardMove could benefit you, please speak to a member of the Dales & Peaks team.
Value & comps
No previous sales on record.
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 asking
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 advisors 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 139, King Street, Alfreton
Explore nearby