We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DE75 7FQ
Listing removedReduced £10k (−3.8%) on 20 JunListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Burchell Edwards are delighted to bring to the market this two bedroom, detached bungalow with a good sized plot of land with planning permission, located on Douglas Avenue, Heanor.
Description This spacious property presents a rare opportunity for anyone looking to turn a detached bungalow with delightful garden into their forever home, as well as developers wanting to take advantage of the land with planning permission for two semi-detached properties and modernise the bungalow to sell on.
Local amenities are close by, including a range of shops, pubs, restaurants, schools and Shipley Country Park.
There are excellent public transport links and nearby cities of Derby and Nottingham are a convenient commute away.
The bungalow comprises an entrance hallway, spacious lounge, kitchen, bathroom, two bedrooms with en suite to the master, and conservatory.
Outside, there is an ample driveway and detached garage, with lawned areas, rockery, borders for plants and shrubs and a patio area.
There is a pleasant front garden with lawned areas and borders for plants and shrubs with mature bushes, with a low brick wall and pedestrian gate.
Viewings are highly advised to fully appreciate the fantastic potential on offer! Please contact Burchell Edwards for more information!
Entrance Hallway Having carpet, ceiling light and UPVC door to the front elevation.
Lounge 23' 4" x 12' 5" maximum to alcove ( 7.11m x 3.78m maximum to alcove ) Having carpet, three radiators, two ceiling lights, feature fireplace, two UPVC windows to the front elevation and one UPVC to the rear elevation.
Kitchen 9' 10" x 9' 5" ( 3.00m x 2.87m ) Having fitted wall and base units with matching countertops, an inset one-and-a-half sink with mixer tap and drainer, tiled splashbacks, boiler cupboard with water tank, radiator and window and door to the conservatory..
Bedroom One 16' 5" maximum to alcove x 9' 7" ( 5.00m maximum to alcove x 2.92m ) Having carpet, radiator, ceiling light, UPVC window to the side elevation, and UPVC double French doors to the rear elevation.
En Suite Having shower cubicle, WC, hand-wash basin with mixer tap, tiled walls, radiator, ceiling light and UPVC window.
Bedroom Two Having ceiling light, window to the front elevation and a radiator. Bathroom Having a bath, pedestal wash hand basin, W.C, a radiator, tiled walls, obscured window to the rear elevation.
Outside Externally, the property sits on a corner plot with a gravelled area to the front, pathway, a lawned frontage with mature bushes and shrubs.
The property also benefits from a driveway providing ample off road parking and leading to the detached garage.
To the rear the garden has laid to lawn section, a paved patio area, gravelled area, a shed, pathway and enclosed by fencing.
Conservatory Having window to the rear and side elevation, doors to the side leading out to the garden. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 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
FAQ
About 1, Douglas Avenue, Heanor
Explore nearby