1-bedroom flat · DE56 4EG
For saleListed 173 days
Opportunity summary
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About
A first floor, one bedroomed retirement apartment for the over 60's offered on a 75% ownership basis.
The property commands a fine position within the heart of Duffield village thus being within walking distance of a wide range of high quality amenities including a selection of shops, public houses, library, medical centre, and regular public transport services.
The accommodation benefits from upvc double glazing and gas central heating and briefly comprises: reception hall, lounge/dining room, fitted kitchen, double bedroom and fitted shower room.
On-site laundry room. Communal gardens and car parking. Part time warden / resident manager.
The Location - The village of Duffield is extremely sought after with an excellent range of amenities including a varied selection of shops and schools including The Meadows and William Gilbert Primary Schools and the noted Ecclesbourne Secondary School.
There is a regular train service to Derby City Centre which lies some five miles to the south of the village.
The thriving market town of Belper is situated three miles north of the village and provides a more comprehensive range of shops and leisure facilities.
Local recreational facilities within the village include squash, tennis, football, and Chevin golf course.
A further point to note is that the Derwent Valley in which the village of Duffield nestles is one of the few World Heritage Sites.
Accommodation - Private Entrance Hall - 0.97 x 0.88 (3'2" x 2'10") - With double glazed door and staircase leading to apartment.
Hallway - 2.27 x 1.57 (7'5" x 5'1") - With radiator and double glazed window to side.
Lounge/Dining Room - 3.58 x 2.74 (11'8" x 8'11") - With wall mounted electric fire, coving to ceiling, radiator, views over Duffield Tennis Club and beyond to rear, double glazed window and internal panelled door.
Kitchen - 3.18 x 1.71 (10'5" x 5'7") - With single stainless steel sink unit with chrome mixer tap, wall and base fitted units with matching worktops, built-in stainless steel four ring gas hob with stainless steel extractor hood over, built-in stainless steel electric fan assisted oven, fridge freezer, heated chrome towel rail/radiator and double glazed window to front with tiled sill.
Double Bedroom One - 3.59 x 2.75 (11'9" x 9'0") - With radiator, views over Duffield Tennis Club and beyond, double glazed window to rear and internal door.
Shower Room - 2.82 x 1.53 (9'3" x 5'0") - With corner shower cubicle with electric shower, pedestal wash handbasin with chrome fittings, low level WC, tiled walls, heated chrome towel rail/radiator, wall mounted mirrored bathroom cupboard, additional built-in storage cupboard, double glazed window and internal panelled door.
Built-In Cupboard - 2.20 x 0.87 (7'2" x 2'10") - Housing the central heating boiler and also providing storage. Communal Gardens & Grounds - There are well-kept communal gardens and grounds.
Communal Car Parking - There are communal car parking spaces. On-Site Laundry Room - For the residents, there is an on-site laundry room for washing and drying.
Leasehold - Leasehold – The lease is held on a 75% share with Places For People retaining a 25% share. Please be advised upon resale the Lease is surrender and regranted for the term of 990 years.
A monthly service charge of £199.34 includes garden maintenance, buildings insurance, external maintenance, maintenance reserve, management fees and external lighting and rental.
(The laundry room with washing machine and tumble dryer is also included within this service charge.) Part time warden / resident manager that covers the scheme. Council Tax A - Amber Valley
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 Village Court, Duffield, Belper, Derbyshire
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