2-bedroom house · DE55 7HU
Listing removedReduced £5k (−3.8%) on 5 JulListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated on the outskirts of the town centre and offered with no upward chain, is this recently refurbished home of which viewing is recommended.
Description Situated on the outskirts of the town centre and offered with no upward chain, is this recently refurbished home of which viewing is recommended.
The accommodation has reception lounge which has a window and door to the front elevation, the dining room has feature brick fire surround with open grate fire.
The kitchen has a range of base units and integrated oven and hob. To the first floor are two bedroom bedrooms and bathroom with four piece suite.
Externally the rear of the property has a garden area. Ground Floor Reception Lounge Having double glazed window to the front, ceiling coving and laminate floor.
Dining Room The focal point of this room is a feature brick fire surround with open grate fire. Radiator and window to the rear.
Kitchen Fitted with a range of base units having work surfaces over incorporating a single drainer stainless steel sink unit. Integrated four ring gas hob and electric oven with extractor hood over.
Recessed lighting and double glazed window and door to the side.
First Floor Landing With access to; Bedroom One Double glazed window to the front, radiator and an over stairs cupboard provides storage space.
Bedroom Two Double glazed window to the rear and radiator. Bathroom Four piece suite comprising of panel bath, corner shower cubicle, low flush W/C and wash hand basin.
Radiator, tiled splashbacks and window to the rear. Cupboard providing storage space and housing the baxi gas heating boiler.
Outside Externally rear of the property has a garden area and outside W/C 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: Connells 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: Connells 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
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FAQ
About 3, Wilson Street, Alfreton
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