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See how verdicts work4-bed flat + 7 × 2-bed flat · DE23 6FR
For saleReduced £25k (−2.7%) on 1 OctListed 133 days
Opportunity summary
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About
This is A great investment opportunity to buy seven 2 bedroom apartments and the freehold with A yield of over 7% further details can be available upon request.
Location Lime House is situated on Lime Walk, a quiet residential road in the highly regarded suburb of Littleover, approximately 2 miles south-west of Derby city centre.
Littleover is one of Derby's most established residential areas, popular with professionals, families and downsizers due to its excellent local amenities, healthcare facilities, schools and transport connections.
The property benefits from a convenient position within walking distance of a range of everyday amenities along Burton Road, including supermarkets, independent shops, cafés, pharmacies and local services.
Frequent bus routes operate nearby, providing direct access to Derby city centre and surrounding areas, while the A38, A50 and M1 motorway network are easily accessible for commuters.
The nearest railway stations are Peartree and Derby, offering regional and national rail services.
Littleover is particularly well known for its strong educational provision, with several highly regarded primary and secondary schools serving the area.
Healthcare facilities are excellent, with the Royal Derby Hospital located within a short drive, making the location especially attractive to healthcare professionals and those seeking convenient access to medical services.
Lime House forms part of a modern apartment development comprising purpose-built apartments constructed in the mid-2000s.
The surrounding neighbourhood is characterised by a mix of established family housing, modern apartments and attractive tree-lined residential streets, creating a pleasant and mature environment.
The development benefits from a peaceful setting while remaining close to local amenities and major employment centres.
Residents enjoy access to a variety of nearby recreational facilities, including local parks, sports clubs and open green spaces.
Littleover Village provides a strong community feel, with a range of independent businesses, restaurants and leisure facilities contributing to its popularity as one of Derby's most desirable suburban locations.
Apartment details There are 7 apartments available within this purchase, comprising of entrance hall, lounge, kitchen, two bedrooms and a bathroom.w.c.
Information Income Flat 1 = £825PCM £9,900 Annual Income Flat 2 = £795PCM £9540 Annual Income Flat 3 = £825PCM £9,900 Annual Income Flat 5 = £750PCM £9,000 Annual Income Flat 6 = £750PCM £9,000 Annual Income Flat 7 = £825PCM £9,900 Annual Income Flat 8 = £700PCM £8,400 Annual Income Total £5,470 pcm £65,640 Annual Income The freehold is also included within the sale of the block.
7.29% Yield Each Properties Council Tax Band is B Flat 1 is an EPC rated C with a current rating of 79 and a potential of 79 796 Square Feet - Ground Floor Flat Flat 2 is an EPC rated C with a current rating of 77 and a potential of 78 796 Square Feet - Ground Floor Flat Flat 3 is an EPC rated C with a current rating of 79 and a potential of 79 861 Square Feet – First Floor Flat Flat 5 is an EPC rated B with a current rating of 82 and a potential of 82 796 Square Feet – Second Floor Flat Flat 6 is an EPC rated B with a current rating of 82 and a potential of 82 796 Square Feet – Second Floor Flat Flat 7 is an EPC rated C with a current rating of 79 and a potential of 79 796 Square Feet – Top Floor Flat Flat 8 is an EPC rated B with a current rating of 79 and a potential of 79 796 Square Feet – Top Floor Flat N.B A non-refundable compliance fee for all buyers or donors of monies will be required.
This fee will be £32.40 per person (inclusive of VAT). These funds will be required to be paid on the acceptance of an offer and prior to the release of the memorandum of sale.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 1,2,3,5,6,7,8 Lime House, 2, Lime Walk, Derby
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