2-bedroom bungalow · DE55 2ET
For saleReduced £10k (−5.3%) on 27 JunListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A detached bungalow in a popular residential location offered for sale with no upward chain.
Description Offered with no upward chain this is a detached bungalow in a popular residential location. The property has entrance hall and kitchen with wall and base units.
The lounge has wall mounted electric fire and in turn leads to the inner lobby which provides access to the two bedrooms and shower room.
Externally the front of the property is open plan being laid to lawn. A side driveway provides vehicle standing space and in turn leading to the single garage.
The enclosed rear garden has been designed with easy maintenance in mind being paved and having a pebbled area. The property has double glazed windows throughout and a gas heating system.
Entrance Hall Having radiator and cupboard providing storage space.
Kitchen Fitted with a range of wall and base units having work surfaces over incorporating a single drainer stainless steel sink unit.
Standing space for fridge and freezer, double glazed window to the side and entrance door to the side. Lounge Double glazed window to the front, ceiling coving and two radiators.
Wall mounted electric fire. Inner Lobby Access to the available roof space and cylinder cupboard with airing space. Bedroom One Double glazed window to the rear, radiator and ceiling coving.
Double fitted wardrobe providing shelving and hanging space and having sliding doors.
Bedroom Two Double glazed window to the rear, radiator and double fitted wardrobe providing shelving and hanging space.
Shower Room Three piece suite comprising of shower cubicle, wash hand basin and low flush W/C. Complementary tiled walls, radiator and double glazed window to the side.
Outside The front of the property is open plan being laid to lawn. A side driveway provides vehicle standing space and in turn leads to the garage which has up and over door.
The rear garden has been designed with easy maintenance in mind has a paved patio area and an area of pea gravel. 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: Connells 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: Connells 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.
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 30, Erica Drive, Alfreton
Explore nearby