2-bedroom flat · DE1 2BF
For saleListed 251 days
Opportunity summary
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About
SUMMARY NO CHAIN - A fantastic opportunity for a first time buyer or investor to acquire this two double bedroom apartment in the sought after Nightingale Quarter.
DESCRIPTION Ashley Adams are delighted to bring to market this stylish and modern two bedroom apartment in the desirable location of Nightingale Quarter, in Derby.
The accommodation in brief comprises, entrance hall, open plan living/kitchen/diner, two double bedrooms, one with an en-suite and bathroom.
Situated on the site of the former Derbyshire Royal Infirmary, Nightingale Quarter offers a range of one, and two bedroom new build apartments, the infirmary's iconic pepper pot buildings will be retained for community use, with residents having access to numerous facilities including on site restaurant and gyms.
The apartments will appeal to professional couples looking for high quality living with low energy costs while enjoying easy access to the City Centre and local commuter links with likes of Rolls Royce, Alstom, The Royal Derby Hospital and Pride Park.
Entrance/Hallway Accessed via communal door to front and has service cupboard and doors off to all rooms.
Lounge / Kitchen / Diner The kitchen is fitted with a range of wall and base units with worksurfaces over, integrated dishwasher, washing machine, electric oven with hob and extractor over and space for fridge/freezer.
Bedroom One Having electric heater and UPVC double glazed windows. En - Suite With low level w.c, wash hand basin, shower and heated towel rail.
Bedroom Two Having electric heater and UPVC double glazed windows. Bathroom With low level w.c, wash hand basin, bath with shower over and heated towel rail.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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