Summary - 72 BIRCHWOOD LANE SOMERCOTES ALFRETON DE55 4ND
2 bed 1 bath Terraced
Freehold rental with immediate income and refurbishment upside.
Tenant in situ generating £6,360 pa
This two-bedroom mid-terrace is offered freehold with a tenant in situ, producing £6,360 per year — a straightforward let in an accessible Somercotes location. The property’s brick Victorian frontage and bay window retain period character, while the internal layout (lounge, dining room, kitchen, two bedrooms, bathroom and separate first-floor WC) suits steady rental demand.
Practical positives include gas central heating, UPVc double glazing, fast broadband availability and very low council tax (Band A). The rear garden is a good size but requires attention; interiors are dated and would benefit from modernisation. EPC E signals energy improvements may be needed.
For an investor the current gross yield is around 7.5% at the asking price of £85,000. There is potential to improve rent and capital value after targeted refurbishment (kitchen, bathroom, decor and energy upgrades).
Important considerations: the area scores as deprived with above-average crime statistics, and the property needs updating and garden maintenance. Viewings will be with the tenant in situ — note tenancy and access arrangements when assessing plans.
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