3-bedroom terraced house · DE75 7AX
Sold STCListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AS SEEN This mid terraced property provides accommodation arranged over two floors including; an entrance porch, an entrance hall, a living room, and a kitchen on the ground floor, with the first floor landing giving access to three bedrooms, and the wet room.
Benefiting from gas central heating and UPVC double glazing, the property has a garden to the rear, laid to patio seating areas and lawn, plus a further garden to the front.
The property also has a garage. Situated in the market town of Heanor, the property is within easy reach of local facilities, with main road routes also giving access to Nottingham and Derby.
Offered to the market with no upward chain, and in need of refurbishment throughout, the property will make an ideal investment purchase.
Entrance Porch UPVC double glazed entrance door opening to the entrance porch.
Giving access into the:- Entrance Hall Stairs off to the first floor, under stairs storage cupboard, access to the kitchen, and the living room.
Kitchen 2.35m x 2.87m Fitted units to the wall and base, roll edge work surface, single drainer sink unit. space and plumbing for a washing machine, cooker point.
UPVC double glazed window and door to the rear elevation.
Living Room 4.92m x 4.74m UPVC double glazed windows to the front and rear elevations, fitted electric fireplace, radiator, television point.
First Floor Landing Giving access to three bedrooms, and the wet room. The landing also has an airing cupboard (housing the combination boiler).
Bedroom One 4.29m x 3.07m Large double glazed window to the rear elevation. Bedroom Two 2.99m x 3.05m UPVC double glazed window to the rear elevation.
Bedroom Three 1.92m x 3.12m UPVC double glazed window to the front elevation, loft access hatch.
Wet Room 1.67m x 1.92m Fitted with a low flush wc, a wash hand basin, and a walk in shower enclosure with an electric shower and a folding glass screen.
UPVC double glazed window to the front elevation, with opaque glass. Garden At the front of the property, there is a pathway to the entrance door, with a lawned area adjacent.
To the rear of the property there is a block paved patio seating area, with steps up to a lawn, and two further raised patio seating areas. Parking - Garage The property also has a garage.
Disclaimer BRANCH DISCLAIMER These particulars are prepared by Thomas James Estate Agents on the vendor’s instruction.
Services, equipment and fittings have not been tested; no warranties are given. Buyers should make their own enquiries. Details are provided in good faith and do not form part of a contract.
Measurements are approximate. MONEY LAUNDERING Under the Proceeds of Crime Act 2002, purchasers must provide two forms of ID (e.g.
passport/driving licence and a recent utility bill) before solicitors are instructed.
REFERRAL ARRANGEMENT Thomas James may refer clients to Premier Property Lawyers, Ives & Co, and Curtis & Parkinson. You are free to choose.
If you use them, Thomas James receives a referral fee of £120–£240 incl. VAT.
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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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
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FAQ
About Starthe Bank, Heanor, DE75
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