1-bedroom flat · DE1 1RH
For saleListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented one bedroom third floor apartment is ideally situated in the heart of Derby City Centre, offering convenient access to a wide range of shops, restaurants, bars, leisure facilities and excellent transport links.
The property is available to purchase with the current tenant in situ, currently generating a gross annual rental income of £8400, making it an attractive investment opportunity, or with vacant possession for owner occupiers.
Accessed via a secure communal entrance with lift access to all floors, the apartment benefits from uPVC double glazing and electric heating throughout.
The accommodation comprises a welcoming entrance hallway with useful storage cupboard, a spacious double bedroom, a modern bathroom fitted with a three-piece suite, and a bright and airy open plan living kitchen.
The living area offers ample space for both lounge and dining furniture, whilst the fitted kitchen incorporates an induction hob, oven, stainless steel sink and integrated appliances.
A particular feature of the property is the impressive full-length balcony, accessed from both the living area and bedroom via uPVC double glazed French doors, providing an excellent outdoor space with elevated views overlooking Derby City Centre.
Located within walking distance of an extensive range of amenities and transport connections, this apartment represents an excellent opportunity for first-time buyers, professionals and investors alike.
Hallway Welcoming entrance hallway with a useful storage cupboard, wall mounted electric heater and doors providing access to the bathroom, bedroom and open plan living accommodation.
Living Room Kitchen (4.52m x 4.27m) Spacious and modern open plan living area offering ample space for both lounge and dining furniture.
UPVC double glazed French doors provide access to the balcony and create a bright, airy feel.
The kitchen is fitted with a range of units incorporating an induction hob, electric oven, stainless steel sink with drainer and a selection of integrated appliances.
Bedroom (3.38m x 3.18m) Generous double bedroom featuring uPVC double glazed French doors opening onto the balcony, allowing for plenty of natural light, along with a wall mounted electric heater.
Bathroom (2.18m x 1.7m) Fitted with a modern three-piece suite comprising a panelled bath with shower over, wash hand basin and low-level WC.
Finished with a heated towel rail and complementary tiling.
Balcony A superb full-length balcony extending alongside the apartment, providing an ideal space for outdoor seating and enjoying elevated views across Derby City Centre.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About 19 Babington Court,, Gower Street, Derbyshire
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