2-bedroom house · DE55 4JQ
Listing removedReduced £1k (−5%) on 11 SepListed 143 daysAuction 30 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Tuesday 30th June 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Vacant Freehold 2 bedroom semi-detached property in Derbyshire. The property is entered through to the ground floor which comprises of an entrance hallway, lounge/dining room and kitchen.
The first floor comprises of two bedrooms and an upstairs family bathroom. Further benefits include a front garden with potential to add off road parking. The rear garden is turfed.
Overall the property provides an excellent investment opportunity for buyers that seek a project with scope to enhance and add value.
(Properties within the area have sold in the region of £200,000 once refurbished) The property is ideally situated within easy reach of a wide range of local amenities including well-regarded schools, supermarkets, parks and leisure facilities, together with a variety of restaurants, cafés and traditional public houses.
The nearby villages of Somercotes and Swanwick, along with the town of Alfreton, offer an excellent selection of shops, bars and everyday conveniences, whilst excellent transport links via the A38, A610 and M1 motorway provide convenient access to Derby, Nottingham, Chesterfield, Sheffield and surrounding areas.
Regular rail services are available from Alfreton railway station, offering further connectivity for commuters and travellers alike.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
viewing days & time Friday 5th June 2026: 12pm Saturday 13th June 2026: 10am Friday 19th June 2026: 11am Saturday 27th June 2026: 12pm Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 53 Peterway Somercotes, 53 Peterway Somercotes, Alfreton
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