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See how verdicts work1-bedroom flat · DE24 8YR
Sold STCListed 48 daysAuction 28 Sep · ended
Opportunity summary
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About
Auction Date Commencing on Monday 28th September 2026 at 1pm and ending 24 hours later on Tuesday 29th September 2026 at 1pm with Auction House Notts and Derby Please register to bid via our website - auctionhouse.co.uk/nottsandderby One bedroom flat available for renovation!
This is a spacious self contained one bedroom flat and is ideal for investors, situated near the centre of Derby and just a short distance to Derby train station with transport links across the UK.
It is also within walking distance of David Lloyd Leisure, Moorways Sports & Swimming complex and Derby arena, plus many other local amenities.
Similar properties in the apartment block are being listed for rent at up to £8,100 per year, so with some renovation this could be a very high yielding property to go for!
A straightforward first refurbishment opportunity or low entry cost addition to a rental portfolio.
The apartment is accessed on the second floor with steps inside the property leading to the rooms, which are on the third floor of the building.
Tenure: Leasehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 22 Brindley Court, Wilkins Drive, Allenton, Derby DE24 8YR
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