2-bedroom flat · DE21 4TQ
For saleReduced £5k (−4.2%) on 6 FebListed 376 days
Opportunity summary
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About
Situated in the ever-popular Magnus Court, this well-presented two-bedroom apartment offers an excellent opportunity for first-time buyers, investors, or anyone looking to enjoy modern, low-maintenance living close to Derby city centre.
Benefiting from no upward chain, the property is ready for immediate occupation and provides a perfect base for commuters and local residents alike.
Just a short distance from the charming area of Chester Green, the apartment enjoys easy access to a range of local amenities, riverside walks, and green spaces.
It is also conveniently positioned for travel links such as the A38, A52, and M1, making it ideal for professionals travelling to nearby towns or further afield.
Set within a well-kept development on a quiet residential street, the apartment includes an allocated parking space, offering both security and convenience.
Inside, the entrance hall provides access to all main rooms and features a large storage cupboard, ideal for coats, shoes, or general storage needs.
The lounge/diner is generous and light-filled, perfect for relaxing or entertaining, with ample space for both living and dining furniture.
Double doors lead through to the kitchen, creating a semi-open plan feel.
The kitchen itself is practical and well-appointed with a range of wall and base units, worktop space, and an integrated oven and hob, designed to maximise space and functionality while enjoying views toward the communal grounds.
There are two bedrooms, with the master being a comfortable double offering plenty of space for freestanding furniture and a peaceful retreat at the end of the day.
The second bedroom is versatile, ideal as a guest room, nursery, or home office.
The bathroom is neutrally decorated and fitted with a white three-piece suite including a panelled bath with shower over, pedestal wash basin, and low-level WC.
Additional benefits include well-maintained communal areas and excellent buy-to-let potential or a great option for a first-time buy.
With its combination of modern living, convenient location, and attractive price point, this apartment is sure to appeal to a wide range of buyers.
Early viewing is highly recommended to fully appreciate what this fantastic home has to offer.
Entrance Hall Accessed via the double glazed front entrance door, having storage cupboard and doors leading to: Lounge/Diner 17'2" x 14'3" (5.24m x 4.36m) Having double glazed Juliette balcony and radiator as well as double doors leading to: Kitchen Comprising of range of wall and base units incorporating work surfaces with an inset sink, inset hob, and integrated oven as well as having space of a fridge freezer and an automatic washing machine.
Bedroom One 13'10" x 8'3" (4.23m x 2.53m) Having a radiator and double glazed window Bedroom Two 8'7" x 7'5" (2.62m x 2.27m) Having a radiator and double glazed window.
Bathroom 9'4" x 5'2" (2.85m x 1.58m) Comprising of a panelled bath with shower over, WC, pedestal wash hand basin, tiling to the walls, radiator.
Lease details We are awaiting for full lease details, however, the annual service charge is £1,300 and the length of lease is 125 years from 2007.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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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.
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