2-bedroom terraced house · DE5 9QZ
Listing removedListed 258 days
Opportunity summary
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About
Situated on Alfreton Road in Codnor, this well-presented two double bedroom mid-terrace property is ideally located within easy reach of the village centre, where a range of local shops and the village pub can be found.
Offered for sale with no upward chain, the property is ready for the next occupier to move straight into.
Property Description - On approach, the property is set back behind a low-maintenance gravel frontage with planted borders, enclosed by a walled boundary.
A step leads up to the uPVC double-glazed front door, which opens into the front lounge.
This welcoming space features a character fireplace along with fitted storage housing the meters, which could also be used as a TV display area.
To the rear of the property is a separate dining room with useful under-stairs storage. There is also a cellar beneath the property, although access is currently restricted.
The dining room leads through to the generous kitchen, which is fitted with a range of wall and base units, an integrated oven with gas hob, and space for a washing machine and tall standing fridge/freezer.
Stairs rise from the ground floor to the first floor landing, where there are two well-proportioned double bedrooms and a modern three-piece shower room.
The shower room comprises a vanity wash basin, WC, and an electric shower within a walk-in shower tray with glass screen.
The combination boiler is discreetly housed within a cupboard in the shower room. The rear bedroom benefits from a built-in cupboard providing access to the loft via a ladder.
The loft has been boarded and fitted with a Velux window, making it ideal for additional storage. Externally, a side alleyway provides access through a gate to the rear garden.
The garden is of a good size, fully enclosed by fencing, and has been designed for low maintenance.
It features gravelled areas, a patio seating space, and planted borders, creating a private outdoor area to enjoy.
MEASUREMENTS: Lounge: 3.9m (Maximum) x 3.1m Dining Room: 3.9 (Maximum) x 3.2m Kitchen: 5.8m x 2m Bedroom 1: 3.8m (Maximum) x 3.1m Bedroom 2: 3.2m x 2.8m Shower Room: 2.2m x 2m
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
Agent & docs
FAQ
About Alfreton Road, Codnor, Ripley
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