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 · DE55 1LZ
Listing removedReduced £25k (−20%) on 23 JulListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale: A 2-bedroom terraced house in the popular village of Leabrooks, near Alfreton.
This property will appeal to first-time buyers, families and investors looking for a home close to schools, local amenities and public transport links.
Inside, there are two reception rooms: A front lounge and a separate dining room with access to the kitchen.
The kitchen offers a range of units, spaces for appliances and a door leading out to the rear garden.
Upstairs are two double bedrooms, including a master bedroom and a second double with a walk-in closet.
The bathroom features a three-piece suite with vanity sink, and there is also a separate shower room with walk-in shower and a cupboard housing the gas boiler.
Outside, the enclosed rear garden includes a patio area with the remainder laid to lawn and an outbuilding at the far end, ideal for storage or hobby use.
A single garage in a nearby block provides additional parking or storage.
Leabrooks offers everyday amenities, with nearby shops, cafés and takeaways, and a choice of primary and secondary schools in the wider Alfreton area.
Public transport links include local bus routes towards Alfreton, Ripley and Sutton-in-Ashfield, giving access to further facilities.
Alfreton railway station, a short drive away, provides services towards Nottingham, Chesterfield and Sheffield, making commuting straightforward.
The area is also convenient for access to the A38 and M1 for wider regional travel. The property is offered for sale with no upward chain.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
KIA260232/8 Description For sale: A 2-bedroom terraced house in the popular village of Leabrooks, near Alfreton.
This property will appeal to first-time buyers, families and investors looking for a home close to schools, local amenities and public transport links.
Inside, there are two reception rooms: A front lounge and a separate dining room with access to the kitchen.
The kitchen offers a range of units, spaces for appliances and a door leading out to the rear garden.
Upstairs are two double bedrooms, including a master bedroom and a second double with a walk-in closet.
The bathroom features a three-piece suite with vanity sink, and there is also a separate shower room with walk-in shower and a cupboard housing the gas boiler.
Outside, the enclosed rear garden includes a patio area with the remainder laid to lawn and an outbuilding at the far end, ideal for storage or hobby use.
A single garage in a nearby block provides additional parking or storage.
Leabrooks offers everyday amenities, (truncated) Reception Lounge (3.35m x 3.35m) A welcoming room with a upvc double glazed window & door to the front elevation.
Dining Room (3.35m x 3.35m) Having a upvc double glazed window to the rear elevation, a handy under stairs storage cupboard & stairs off to the first floor.
Kitchen (3.96m x 1.83m) A good sized kitchen with a upvc double glazed window to the side & rear elevation letting in lots of natural light, a upvc double glazed door leads to the rear garden.
Having complimentary wall & base units, gas cooker & plenty of space for under counter appliances.
First Floor Landing Bedroom 1 (3.35m x 3.35m) A spacious double bedroom with a upvc double glazed window to the front elevation.
Bedroom 2 (2.74m x 3.38m) Another double room with a upvc double glazed window to the rear elevation & handy over stairs storage cupboard which has access to the loft space.
Shower Room (1.83m x 1.2m) A handy shower room with modern wall panelling & a walk in shower, a storage cupboard housing the Ideal gas boiler.
Bathroom (1.83m x 2.13m) Offering a three piece suite comprising of a panelled bath, low flush W.C, vanity unit with inset sink & a upvc double glazed window to the rear elevation.
Frontage To the front of this home is a small courtyard area with walled boundary & gated access to the front door. There is a garage to this property which is located on the opposite street.
Rear Garden The rear garden has a paved patio area with a low maintenance pebbled garden space, there is a brick built building located to the rear of the garden.
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.
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FAQ
About 49, Charles Street, Alfreton
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