2-bedroom house · DE55 4NZ
For saleReduced £8k (−6.5%) on 30 JunListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Offered with no upward chain is this two bedroomed (plus attic room) middle terrace house, situated in a popular village with a cul-de-sac location.
Arranged over three floors, the accommodation comprises: Lounge and dining and fitted kitchen kitchen. On the first floor: Two bedrooms and family bathroom. On the second floor: Attic storage room.
Externally to the rear there is an enclosed garden with rear access.
Reception Lounge: 3.35m x 3.51m (10'11" x 11'6") , UPVc double glazed entrance door with glazed header over opens to the reception lounge, meter box cupboard with louvered doors, radiator and UPVc double glazed window looking onto Erewash Street.
Archway leads to the stair well with stairs rising to the first floor.
Dining Kitchen: 3.37m x 3.49m (11' x 11'5") , Containing a range of white fitted wall and base units with rolled edge work surfaces, tiled splashbacks, electric oven with four ring electric hob, plumbing and space for washing machine, laminate flooring, stainless steel bowl and a quarter sink with mixer tap, wall mounted combination boiler, part glazed UPVc door leads to the rear of the property.
Door off leading to useful understairs storage area. On The First Floor: Stairs rise to the first floor landing and doors open to....
Front Bedroom 1: 3.53m x 3.38m (11'6" x 11'1") , UPVc double glazed window enjoying the view to Erewash Street, over stirs storge are and radiator.
Rear Bedroom 2: 3.51m x 1.78m (11'6" x 5'10") , UPVc double glazed window and radiator.
Family Bathroom: 2.58m x 1.44m (8'5" x 4'8") , Containing a three piece suite with low flush WC, pedestal wash hand basin, electric shaver point, panelled bath with mixer taps and shower over.
Spot lighting to the ceiling, radiator and UPVc double glazed window to the rear of the property.
Attic Room: 5.29m x 3.36m (17'4" x 11') , Accessed via the folding timber loft ladder, with a double glazed Velux roof light and carpeted floor covering.
Externally To The Rear: Enclosed garden with timber patio decking immediately behind the property, pathway, low maintenance rear lawned garden and rear pedestrian access.
Viewing: By appointment through Savidge & Brown on pressing option 2 for residential sales. Postcode: The postcode for the satellite navigation user is DE55 4NZ.
Services: Mains gas, water, electric and drainage are connected to the property.
Offer Procedure: Before contacting a Building Society, Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs.
Under the Estate Agency Act 1991 and Anti Money Laundering Regulations you will be required to provide us financial information in order to verify your position before we can recommend your offer to the vendor.
We will also require proof of identification in order to adhere to Money Laundering Regulations.
Anti-Money Laundering Regulations: In accordance with the UK Money Laundering Regulations, we are required to carry out Anti-Money Laundering (aml) checks on all buyers.
This includes identity verification, sanctions screening, and Politically Exposed Persons (pep) checks, along with ongoing monitoring.
A fee of £36.00 per person (inclusive of VAT) will be payable to cover the cost of these checks.
Buyers will be required to provide proof of identity, proof of address, and evidence of the source of funds before we can proceed with the sale.
Mobile Phone Coverage: Mobile coverage = EE, Three, 02, Vodafone all provide 'good’ outdoor coverage. Network coverage may vary indoors.
Information obtained from Ofcom Broadband a mobile coverage checker. Note: Mobile signal strength can vary within the property.
Prospective buyers are advised to check with individual providers for detailed coverage information.
Broadband: Prospective buyers are advised to check with local providers for specific speeds and availability.
Standard 13 Mbps 1 Mbps Good Superfast 75 Mbps 20 Mbps Good Ultrafast 2300 Mbps 2300 Mbps Flood Risk: Information taken from www.gov.uk-floodrisk Medium risk of surface water flooding.
Yearly chance of flooding between 2040 and 2060 early chance of flooding low between 2040 and 2060 Medium.
Rivers and sea: Yearly chance of flooding low Yearly chance of flooding between 2036 and 2069 medium.
Disclaimer: Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office.
Services: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification.
Measurements: Please note all the measurement details are approximate and should not be relied upon as exact.
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 2, Erewash Street, Alfreton
Explore nearby