3-bedroom detached house · DE75 7FZ
Listing removedListed 466 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 3-Bed Detached Home on Generous Corner Plot – Full of Potential Nestled on a substantial corner plot, this three-bedroom detached home offers a fantastic opportunity for buyers looking to put their own stamp on a property with character and space in abundance.
Inside, the home features a large lounge, a kitchen/diner, and a bright conservatory area that opens up views to the garden – perfect for family living or entertaining.
Upstairs, you’ll find three well-proportioned bedrooms and a family bathroom. Having been a cherished family home since 2007, it’s now ready for a new chapter.
While some modernisation is needed, the property provides a solid canvas for transformation, making it ideal for those seeking space, potential, and a chance to create a home tailored to their tastes.
The generous outdoor space offers plenty of scope for extensions (STPP), landscaping, or simply enjoying a private garden retreat.
Whether you're an investor, a growing family, or a buyer with a vision, this home represents a rare chance to acquire a detached property with room to grow.
Viewings highly recommended to appreciate the size, setting, and possibilities this home has to offer. Book your viewing 24/7, via the brochure link below!
Property Description Being Sold by goto Online Auction Starting Bids from £160,000 Buy it now option available Please call or visit Purplebricks Online Auctions for more information.
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase.
The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor or 10 working days after receipt of the buyer’s premium, whichever is earlier Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium.
This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed.
Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid.
Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor.
Terms and conditions apply to the Modern Method of Auction, which is operated by goto Auctions. To book a viewing visit Purplebricks.
Specification Auctioneer's Comments This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase.
The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor.
By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market.
Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax.
Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed.
Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.
Buyer Fees Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396.00 including VAT.
This secures the transaction and takes the property off the market. Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
Spec Continued Material information: The information above has been provided by the vendor, agent and goto Group and may not be accurate. Please refer to the property’s Legal Pack.
(You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding.
It may not yet include everything you need to know so please make sure you do your own due diligence as well Property Ownership Information Tenure Freehold Council Tax Band C Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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 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
.png)
FAQ
About 1a, Carlyle Street, Heanor
Explore nearby