We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DE1 3PF
Sold STCReduced £5k (−7.1%) on 7 OctListed 1450 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom first floor apartment located within the city centre, being sold with no upward chain.
The property offers two double bedrooms, spacious open plan lounge kitchen diner and allocated parking.
The apartment benefits from double glazing, gas central heating and is within a short distance to the city centre with great access to the main roads, Royal Derby Hospital, Derby University and is being sold with no upward chain.
As you enter there is a welcoming hallway with a useful storage cupboard and telephone intercom to allow entrance to building, spacious lounge diner which is open plan to the fitted kitchen, two double bedrooms and a bathroom with a three-piece suite in white.
Outside there is one allocated parking space behind secure electric gates. This property will appeal to a wide range of buyers including investors and first time buyers. Viewing is essential.
Entrance Hall Wooden fire door, tiled flooring, spacious cupboard with fuse box and radiator.
Kitchen Lounge Dining Room 18.5 x 13.4 - Two uPVC double glazed windows, fitted floor and wall units, integrated oven, hob, extractor fan, sink and half with mixer tap, tiled flooring and radiator.
Bedroom One 12.1 x 8.6 - uPVC double glazed window, double bedroom, laminate flooring and radiator.
Bedroom Two 15.1 x 8.7 - uPVC double glazed window, double bedroom, cupboard with boiler in, laminate flooring and radiator.
Bathroom 9.3 x 4.9 - Bath, toilet, wall mounted hand basin, tiled flooring and heated towel rail. Outside Set off from the main road the building has secure electric gates to a residents car park.
This apartment has one allocted space and to access the apartment there is a secure code on each apartment block.
Value & comps
No previous sales on record.
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 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
Agent & docs
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FAQ
About Apartment 3, Brook House, 19, Brook Street, Derby
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