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 terraced house · DE55 2EL
Listing removedListed 388 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is in need of substantial renovation and we think that it would make a suitable acquisition for a builder/investor.
The property briefly comprises: Lounge, kitchen, ground floor bathroom and two bedrooms. To the outside there is a mature overgrown garden and a yard area.
Would potential purchasers please note that the property next door have access over the rear garden.
Within South Normanton there are local facilities to include a late opening Co-op, general store, post office, petrol station, medical centre, chemist, fast food outlets, public houses, village hall, bus routes, places of worship and a range of schooling.
South Normanton is convenient for the M1/A38. Lounge 3.51m x 3.07m (11' 06" x 10' 01") With double glazed window to the front, central heating radiator and meter cupboard.
Kitchen 3.99m x 3.20m (13' 01" x 10' 06") With base cupboards and drawers, tiling, single drainer sink unit, central heating radiator and double glazed window to the side.
Rear Lobby With door to the rear. Ground Floor Bathroom With panel bath, WC, wash hand basin, central heating radiator and double glazed window to the side.
Bedroom 1 3.51m x 3.07m (11' 06" x 10' 01") With built in cupboard over the stairs, window to the front and central heating radiator.
Bedroom 2 4.01m x 3.25m (13' 02" x 10' 08") With window to the rear elevation, cupboard housing the gas central heating boiler and central heating radiator.
Outside With yard to the rear and overgrown mature garden. The property next door has accessed over the rear garden.
Viewing Arrangements Note to purchasers: The property may be viewed by contacting Green & May.
We have not tested any fittings, systems, services or appliances at this property and cannot verify them to be in working order or to be within the seller's ownership.
We have not verified the construction, the condition or the tenure of the property. Intending purchasers are advised to make the appropriate enquires prior to purchase.
If you require any further information prior to viewing please contact our office, particularly if travelling some distance.
Please note that the measurements have been taken using a laser tape measure.
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.
Area
Agent & docs

FAQ
About Market Street, South Normanton, Alfreton, Derbyshire. DE55 2EL
Explore nearby