2-bedroom house · DE24 0UY
Listing removedListed 83 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nicholas Humphreys is excited to bring to the market a superbly renovated two bedroom unfurnished town house.
The accommodation comprises on entrance hallway, lounge, breakfast kitchen, two bedrooms and bathroom with shower over bath.
Ground Floor Entrance Hallway Entered via sealed unit double glazed door from the front elevation, brand new coir floor covering, walls freshly painted White.
Living Room With window to front elevation fitted with brand new wooden slat blinds, brand new grey carpet floor covering, walls freshly painted white. Wall mounted radiator and TV point.
Stairs leading to first floor. Kitchen/Dining Comprising of a range of new fitted matching wall and base mounted units with black work surface, single sink and mixer tap.
Undercounter space and plumbing for washing machine, brand new integrated electric oven, gas hob. Brand new combination boiler. Brand New white tile splash back and freshly painted white walls.
Brand new grey laminate flooring. Double glazed window and door to the rear elevation, flush light to ceiling. Wall mounted radiator.
First Floor Landing Internal doors giving access to all bedrooms and bathroom.
With double glazed window to rear elevation fitted with brand new wooden slat blinds, brand new grey carpet floor covering.
Bedroom 1 With double glazed window to front elevation fitted with brand new wooden slat blinds, brand new grey carpet floor covering, wall mounted radiator.
Bedroom 2 With double glazed window to front elevation fitted with brand new wooden slat blinds, brand new grey carpet floor covering, wall mounted radiator. Storage cupboard with shelving.
Bathroom Comprising of a newly fitted low-level WC, pedestal wash hand basin and panelled bath with shower and glass shower screen.
New fitted UPVC walls over bath and basin, and freshly painted elsewhere. Brand new vinyl floor covering, wall mounted heated towel radiator and double glazed obscured window.
Outside To front elevation is a neat area of lawn with under cover parking with gated access to rear garden and driveway.
The rear garden is mainly laid lawn with patio enclosed on all sides by fence boundaries. The property benefits from gas central heating and double glazing. Council Tax Band A EPC rating: E.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Thorness Close, Alvaston, DE24
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