2-bedroom flat
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
John Shepherd are thrilled to present this two bedroom apartment situated within the popular Nightingale Quarter, near to Derby City Centre, offering great access to transport links and amenities.
This unfurnished apartment is situated within the popular Strutt House development.
The property benefits from an open plan lounge with large window and neutral decoration and kitchen area with appliances.
There are two double bedrooms with neutral coloured carpet and fitted wardrobes. The master bedroom offers and En-suite bathroom with shower over bath.
A second Jack and Jill bathroom is situated off the entrance hall and second bedroom and also has a shower over bath.
The property benefits further from a secure entry system, electric heating and lift access. Available December
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Erasmus Drive, Derbyshire
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