1-bedroom house · DE55 4JG
Listing removedListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Mixed-Use Investment Opportunity*** Commercial Premises & Residential Flat - An excellent opportunity to acquire a mixed-use property offering both commercial and residential accommodation, making it an attractive proposition for investors, landlords and owner-occupiers alike.
The property comprises a vacant ground floor commercial unit with prominent frontage, together with a self-contained one-bedroom flat occupying the upper floor, currently tenanted and providing an immediate income stream.
The ground floor commercial space offers excellent flexibility and includes a utility/kitchen area, making it suitable for a variety of business uses, subject to any necessary consents.
With the commercial unit currently vacant, there is scope for an incoming purchaser to occupy the premises themselves or secure a new tenant to maximise the property’s earning potential.
The residential accommodation is accessed independently from the rear and comprises an open-plan kitchen/living area, double bedroom and bathroom.
The flat is currently occupied, providing an established rental income from day one.
Offering a combination of immediate return and future potential, this versatile property represents a fantastic addition to an investment portfolio or an opportunity for those seeking business premises with residential accommodation above.
Early viewing is highly recommended to fully appreciate the opportunity on offer. Contact the sales team today to arrange your viewing.
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
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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 Nottingham Road, Somercotes, Alfreton
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