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See how verdicts work2-bedroom semi-detached house · DE55 4AD
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***VIEWINGS TO BE HELD ON SATURDAY THE 3RD OF OCTOBER - PLEASE CALL TO BOOK YOUR SLOT*** Property Solutions Group are a legal specialist property company, active in markets sectors such as but not limited to probate, court of protection and the wider legal sector.
We are proud to present to the market this Two Bedroom Semi-Detached Located in Derbyshire.
The property comprises: Bedroom 1: 12'10" × 11'11" Bedroom 2: 12'1" × 9'7" Lounge (downstairs): 13'0" × 12'10" Lounge (upstairs): 9'8" × 9'1" Kitchen: 15'3" × 8'6" Conservatory: 9'7" × 7'11" Shower Room: 8'6" × 5'3" For sale is a two bedroom semi detached bungalow on a residential cul de sac in Riddings, Alfreton.
The property offers a straightforward layout with one reception room, kitchen, bathroom and generous front and rear gardens, providing clear scope for refurbishment and reconfiguration, subject to the usual consents.
The main reception room sits to the front with a wide bay window giving good natural light and a view towards the street.
To the rear, a further living area opens through large glazed doors to the garden, creating potential for an open plan living/dining space.
The kitchen is currently fitted with base units and worktops and leads towards the rear of the bungalow, where a further glazed area overlooks the garden.
There are two double bedrooms, both with sliding doors to the rear garden, offering direct access to the outside space and pleasant views. The bathroom includes a shower enclosure, WC and wash basin.
Décor throughout is in need of updating, with stripped floors and bare plaster in many rooms, making this a suitable project for buyers wishing to create a home to their own specification.
The rear garden is notably deep and mainly laid to grass with established boundaries, giving good potential for landscaping, vegetable beds or further patio areas.
Riddings provides local shops, cafés and everyday amenities, with Riddings Park and nearby countryside walks within easy reach.
Alfreton town centre is a short drive away for supermarkets and further services.
Alfreton railway station offers regular services to Nottingham and Chesterfield, with journey times of around 25–30 minutes, and the A38 and M1 are accessible for commuters.
This property is sold as seen in its current condition, excluding chattels and has been priced accordingly.
A purchaser whose offer is accepted by the seller will be required to pay Property Solutions Group (South East) Limited an administration fee of £500 in order to proceed to contracts, refundable only if the seller withdraws from the proposed transaction without reasonable grounds.
The purchaser will be responsible for paying Property Solutions Group (South East) Limited a buyer's premium of £3,500 or 2% (whichever is the higher) of the total purchase price paid for the property and any contents plus VAT.
The buyer's premium will become due and payable by the purchaser to Property Solutions Group (South East) Limited on exchange of contracts. Terms and conditions apply.
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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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 Pennine Avenue, Riddings, Alfreton, Derbyshire
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