1-bedroom flat · DE55 7AH
Listing removedListed 170 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the market are these well appointed newly converted apartments with quality fixtures and fittings throughout.
Situated in a corner position of this pleasant town centre location, all local amenities within walking distance including; leisure centre, shops, doctors surgery, dentist and supermarket.
The property is also ideally located for national commuting via the A61, A38 and M1 networks. Ideal for the single person or couple. Viewings available now.
Council Tax - Amber Valley Borough Council band A, EPC Rating - C. Maximum broadband speed - 80 mbps, Flood Risk - Very Low.
Mobile coverage - EE - Good outdoors, O2 - good outdoors, 3 - good outdoors, Vodafone - variable outdoors, Variable in-home.
Broadband speed check and mobile coverage data has been collected from Entrance Hall - Wood effect vinyl floor, electric heater, LED spotlights throughout the property, consumer unit, door entry system, smoke and heat detector.
Bedroom- 3.08m x 2.80m (10`1" x 9`2")Carpeted flooring, electric heater, single glazed unit with further secondary glazing, fitted blind and TV aerial point.
Shower room - Saniflow WC with consealed tank, wash hand basin, chrome heated towel rail, Victorian style tiled vinyl flooring, single glazed window with secondary glazing and fitted blind, extractor fan, chrome effect shower cubicle with sliding door, triton T80 electric shower and aqua boarding to shower wall.
Lounge / Kitchen - 5.68m x 3.16m widens to 3.59m in kitchen (18`8" x 10`4" widens to 11`9" in kitchen)Wood effect vinyl flooring, three single glazed windows with secondary glazing and fitted blinds, pale granite effect worksurfaces and matching breakfast bar, range of oak effect wall and base units with soft close doors, AEG ceramic hob with touch control, stainless steel extractor fan, Bosch oven, built in under counter fridge and seperate freezer, Lamona dark composite sink and drainer with matching mixer tap, electric heater, extractor fan, TV aerial point and BT line.
Bond: A bond of £750.00 will be required. Rent to be paid in advance by monthly bank standing order.
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.
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 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
.png){kind=logo}
FAQ
About Apartment 1, Auction House, Alfreton
Explore nearby
