2-bedroom flat · DE24 1AJ
Listing removedListed 184 days
Opportunity summary
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About
OPEN 7 DAYS A WEEK - HOPKINS & DAINTY of TICKNALL bring to the market this well appointed, two bedroom ground floor flat. On the popular City Point estate at the edge of Pride Park.
Convenient for access to the city centre, train station and the nearby A52 and Raynesway/A6. The property has an allocated rear parking space and a pleasant communal green space to the front.
The flat is approached via an intercom controlled communal entrance and comprises: hallway, a spacious lounge, fitted kitchen/diner; a double master bedroom with an En-Suite shower room; a good size second bedroom and the main bathroom with a three piece suite, including an over bath shower.
The property has electric heating and double glazing. If you would like to see this home for yourself, feel free to let us know when you are available. We are open 7 days a week.
Communal Entrance - With an external intercom phone connecting through to the property. Doors to the front and rear of the building.
Hallway - With two built in storage cupboards (one of which houses the hot water cylinder). Electric heater and doors leading off.
Lounge - 4.51>3.09 x 3.43 (14'9">10'1" x 11'3") - With a double glazed front window and electric heater. Kitchen/Diner - 4.28 x 4.00 max.
(14'0" x 13'1" max.) - Fitted range of base and wall units with worktops and an inset sink and drainer.
There is a built in electric oven, hob and hood, along with space for further appliances including plumbing for a washing machine and dishwasher. Electric heater and a double glazed front window.
Master Bedroom - 3.96 x 2.76 (12'11" x 9'0") - With an electric heater and double glazed front window.
Door to: En-Suite Shower Room - 2.00 x 1.00 (6'6" x 3'3") - Three piece suite comprising shower, wash hand basin and WC. Tiled splashbacks, electric heater and extractor vent.
Bedroom 2 - 4.05 x 2.40 max. (13'3" x 7'10" max.) - With an electric heater and double glazed rear window.
Bathroom - 2.02 x 1.73 (6'7" x 5'8") - Three piece suite comprising bath with a shower over, wash hand basin and WC. Tiled splashbacks, extractor vent, electric heater and a double glazed rear window.
Allocated Parking Space - To the rear of the property there is a communal car park with allocated spaces, one of which belongs to this property as noted by the red arrow on our photograph.
Lease Details - We are informed that the Lease runs until 2109 with a monthly service charge of £165.00 and a ground rent of £82.50 which is paid every 6 months.
We always recommended buyers to get their legal adviser to verify these details prior to exchange of contracts.
Important Information - These sales details are produced in good faith with the approval of the vendors and are given as a guide only.
If there is any point which is of specific importance to you, please check with us first, particularly if travelling some distance to view the property.
Please note that we have not tested any of the appliances or systems at this property and cannot verify them to be in working order.
Unless otherwise stated fitted items are excluded from the sale, such as carpets, curtains, light fittings and sheds.
These sales details, the descriptions and the measurements therein do not form part of any contract and whilst every effort is made to ensure accuracy this cannot be guaranteed.
Nothing in these details shall be deemed to be a statement that the property is in good structural condition or otherwise. Purchasers should satisfy themselves on such matters prior to purchase.
Any areas, measurements or distances are given as a guide only. Photographs are taken with a wide angle digital camera.
Nothing herein contained shall be a warranty or condition and neither the vendor or ourselves will be liable to the purchaser in respect of any mis-statement or misrepresentation made at or before the date hereof by the vendor, agents or otherwise.
Any floor plan included is intended as a guide layout only. Dimensions are approximate. Do Not Scale.
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.
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