Prospect Street
Alfreton
1Bedrooms1Bathroomsstudio
Price:£120,000
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Price:£120,000
Property details
Key features
- Ideal investment opportunity to purchase a terraced home converted to 2 flats
- Located in Alfreton town centre perfectly located for access to the town and train station
- Both flats have Living Kitchen, one bedroom and shower room
- Electric heating and double glazed windows
- Tenants in situ - current yield of 9.5%
Council Tax Band:
A
Tenure:
Freehold
This is an ideal investment opportunity to purchase a terraced home having been converted into two one bedroom flats. Offering a yield of 9.5% this investment opportunity is not to be missed. To the ground floor is flat 86 which has reception hall, kitchen living space with utility area, bathroom and bedroom. To the first floor is flat 86A having reception hall, living kitchen, bathroom and bedroom. Externally is a garden area being laid to lawn.
Flat 86
Reception Hall
Having laminate floor and meter cupboard.
Living Kitchen
Fitted with range of wall and base units with complementary work surfaces over incorporating a single drainer sink unit, integrated four ring electric hob and electric oven with extractor hood over. Tiled splashbacks and flooring, storage radiator and window to the rear. Laminate flooring.
Utility Area
Providing plumbing for the automatic washing machine, space for fridge freezer and entrance door to the side.
Bathroom
Three piece suite comprising of shower cubicle, vanity unit and low flush W/C. Heated tap, heated towel rail and double glazed window to the rear.
Bedroom
Double glazed window to the front and storage radiator.
Flat 86a
Reception Hall
With access to;
Living Kitchen
Fitted with range of wall and base units having work surfaces over incorporating a single drainer stainless steel sink unit. Integrated four ring electric hob and electric oven with extractor hood over. Tiled splashbacks, storage radiator and double glazed window to the rear.
Bathroom
Three piece suite comprising of shower cubicle, wash hand basin and low flush W/C. Tiled splashbacks and xpelair.
Bedroom
Double glazed window to the front and storage radiator. An over stairs cupboard housing the plumbing for the washing machine.
Outside
The rear of the property has a garden area.
Epc
Please note as the property is two flats there are two EPC's. Flat 86 - EPC rating E
FLAT 86a - EPC rating D
Utilities, rights & restrictions
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Utility Supply:
- ElectricityContact branch
- WaterContact branch
- HeatingContact branch
- BroadbandContact branch
- SewerageContact branch
Rights & Restrictions:
- Private rights of wayContact branch
- Public rights of wayContact branch
- Listed propertyContact branch
- RestrictionsContact branch
Risks:
- Flooded in last 5 yearsContact branch
- Flood defencesContact branch
- Source of floodContact branch
Guidance Notes
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(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) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.
Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.
If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.
** The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 29/01/26.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
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PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. *THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 31/12/2024 AND IS CORRECT AS AT 13/02/2025.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
