2-bedroom bungalow · DE55 5UF
Listing removedReduced £20k (−8.3%) on 20 JunListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ***No Onward Chain*** Burchell Edwards are delighted to present to the market this extended, two bedroom, detached bungalow on Metro Avenue, Newton.
Description Are you looking to downsize but struggling to find somewhere with enough storage? This extended bungalow with detached garage could be the answer!
With the master bedroom being over 22 feet long, you will have plenty of space for belongings. The detached garage has lighting and power, and makes an ideal workshop or storage space.
One of the standout features for the location is the open views to the rear, and there is currently a gate from the rear garden leading out onto the Five Pits Trail.
Located in the charming village of Newton, there are local shops and pubs nearby and convenient access to the M1. There are some lovely walks nearby with stunning countryside views.
Viewings are highly advised! Please contact Burchell Edwards for more information.
Entrance Hallway Having carpet, radiator, two ceiling lights, loft hatch, UPVC exterior door and door to storage cupboard.
Lounge Having carpet, radiator, ceiling light, and two wall lights, electric fireplace and UPVC window to the front elevation.
Kitchen Having a range of fitted wall and base units, integrated eye-level oven, gas hob with cooker hood above, inset sink with mixer tap, vinyl flooring, ceiling light and UPVC window to the front elevation.
Shower Room Having a shower cubicle, WC, hand-wash basin, tiled walls and floor, radiator, ceiling light and UPVC window.
Bedroom One Having carpet, two radiators, two ceiling lights, fitted wardrobes, TV point, and UPVC window to the rear elevation looking out towards the Five Pits Trail.
Bedroom Two Having carpet, radiator, ceiling light and UPVC double French doors and windows to the rear elevation.
Outside To the front in a tarmac driveway for off-road parking leading to the detached garage. The garage is 17'02 x 10'03 and has light and power, with a remote controlled electric door.
The enclosed rear garden is mainly patio with slate chipping patch. There are lovely views to the rear, and a gate opens onto the Five Pits Trail. 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
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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 31, Metro Avenue, Alfreton
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