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 · DE5 9QB
Listing removedReduced £15k (−11.1%) on 22 JunListed 414 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Matthew Thomas are pleased to welcome to the this spacious two double bedroom semi-detached house for sale situated in the centre of Codnor.
Close to amenities and great for road links to the A38 + A610 this property is ideal looking for anyone in need of commuting.
Property Description Positioned on a generous plot is this surprisingly spacious two double bedroom property.
On entering the property via a double glazed Upvc door into the dining room with feature fireplace which has been recently recarpeted and decorated.
Further on is the living room which has also been recarpeted and decorated. Off of the living room is the kitchen with a variety of wall and base units and space for a fridge cooker.
The new shower room is located on the ground floor to the back of the property and comprises; a white suite with wash basin, wc and electric shower housed with a corner cubicle.
To the first floor are two good sized double bedroom with one having built in storage and loft access. Externally the property has three brick outbuildings which offer great storage space.
On of which has plumbing for a washing machine and a farm house sink. There is a garage attached to the side of the property which has an electric roller door, power and lighting.
The garden is a private space with a patio seating area and is mainly laid to lawn which is enclose by a hedge and fence boundary. Call Matthew Thomas today to arrange a 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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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 22, High Street, Ripley
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