Studio flat · DE1 1GL
To rentListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Studio and rates (per month) Studio 2 - £795pcm We are excited to present this shared house with high end furnishings and appliances.
Perfectly suited for anyone working in the city or studying at the university and wanting to live close to amenities, entertainment, take-aways and restaurants, with bus stops nearby on a major transport route.
Rent is inclusive of all bills (Water, gas, electricity, council tax, super-fast broadband).
Bedroom Features: - CONTEMPORARY STYLED BEDROOMS - 32 inch Smart TV - Bedside tables with drawers and bedside reading lamps - Work desk, work lamp and desk chair - Built-in USB charging points - Wardrobe + Large chest of 3 drawers - Book shelves - Double bed with underbed storage - Full length mirror - Black-out roller blind Ensuite Bathroom Features: - HOTEL STYLED ENSUITE BATHROOMS - Wall mounted mirror and light - Thermostatic rain shower head - Large washbasin with mixer tap - Under basin cabinet storage - Heated chrome towel radiator - Silent flow extractor fans with humidistat and timer Main Kitchen Features: - MODERN FULLY KITTED KITCHEN - 4 Seater dinning table - Pots, pans, crockery, cutlery and glassware - Nespresso coffee machine + milk frother - Smoothie maker - 4 Slice toaster & Kettle - 4 ring ceramic hob - Oven - Built in Microwave with grill function - Two fridge/freezers - Dishwasher - Vacuum cleaner Laundry Features: - Two washing machines - Tumble dryer - Ironing board & iron - Clothes drying racks Communal Features: - SOFA and 45 inch TV - SUPER FAST Wi-Fi in all rooms and communal areas - Entrance hall cloak hooks - Cleaner for communal areas every fortnight Outdoor Features: - PUB STYLE OUTDOOR AREA with bench seating and evening festoon lighting - Weber kettle grill with BBQ utensils - Covered bicycle / e-scooter storage WHEN CALLING PLEASE QUOTE: STEPPING LANE COUNCIL TAX BAND A
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Studio 2, Stepping Lane, Derby, Derby City
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