31 Marston Old Lane, Hatton, Derby

Description

A one bedroom, semi-detached house situated in a cul-de-sac location in the desirable village of Hatton. The property requires cosmetic modernisation but stands on a good size plot with enclosed garden, large driveway and further grassed area with timber shed. An ideal first time property or good buy to let with estimated rental value of £750 pcm/£9,000 per annum. Well placed for local amenities and within walking distance of the Train Station.

Accommodation

Entrance Lobby with understairs storage area and store cupboard with plumbing for washing machine. Kitchen measuring 3.52m x 2.05m with base and wall units, sink, work surfaces, built in oven, hob and extractor and window to side. Lounge measuring 3.54m x 2.97m with stairs off, gas fire not working and window to front. Landing with window to rear. Bedroom measuring 3.20m x 2.98m with built in wardrobes, airing cupboard and window to front. Bathroom comprising low flush w.c., wash hand basin and panel bath with electric shower over, with window to side aspect. Outside: enclosed garden to front, side and rear; tarmac driveway for numerous cars; further grassed area to the right hand side with timber shed.

Location

Situated in a cul-de-sac in the desirable village of Hatton, well placed for local amenities and within walking distance of the Train Station.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Marston Old Lane range from £159,500 to £225,000, but bedroom count, condition and accommodation are not provided for the comparables. The latest sale is £159,500 dated 1 June 2026. A base GDV of £192,000 is therefore only a broad evidence-based proxy, with low confidence for this one-bedroom property requiring cosmetic modernisation.

Investment Snapshot

Strategy Recommendation

Potential low-entry BTL or owner-occupier purchase, subject to confirming tenure, condition, achievable rent and the full auction special conditions. Do not rely on the headline yield until works and acquisition costs are established.

Works Required

Cosmetic modernisation supported by the description, together with investigation of the non-working gas fire. The scope and cost of works cannot be quantified from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the broad £192,000 GDV proxy, 75% refinancing would equate to £144,000. However, refurbishment costs, total project cost, finance costs, valuation basis and lender criteria are unknown, so cash recycling and true equity cannot be established.

Buy-to-Let Analysis

The auctioneer estimates rent at £750 pcm, equivalent to £9,000 annually. Against the £70,000 guide, the gross yield is approximately 12.86% before the £6,000 minimum buyer fee, works, finance, management, maintenance and other costs. No sufficiently specific external rental comparable was identified, so the rent estimate is unverified.

Flip Analysis

The evidence indicates a broad resale-value range of £159,500 to £225,000 from completed sales on the same road. A flip surplus cannot be calculated because refurbishment costs, selling costs and the property's final condition are not supplied.

Investor Risks & Due Diligence

• The £750 pcm rent is an auctioneer estimate rather than evidenced achieved rent.

• The supplied comparables do not state bedroom count, condition or accommodation, limiting GDV reliability.

• Refurbishment scope and cost are unknown; the property is stated to require cosmetic modernisation.

• The lounge gas fire is stated to be not working.

• Tenure, EPC, council tax and any additional special-condition fees are not supplied.

• The 4.8% buyer fee is subject to a £6,000 minimum, making the guide-price fee £6,000.

Recommendation

Potential low-entry BTL or owner-occupier purchase, subject to confirming tenure, condition, achievable rent and the full auction special conditions. Do not rely on the headline yield until works and acquisition costs are established.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and an auctioneer rent estimate, but the comparables lack bedroom and condition detail, no rental comparables were identified, and refurbishment costs, tenure, EPC, taxes and special-condition fees are unavailable.