2-bedroom flat · DE24 1AB
Sold STCListed 448 days
Opportunity summary
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About
This beautifully presented, two double-bedroom, first-floor apartment is ideally situated on the popular City Point development, close to Pride Park.
Perfect for investors and first-time buyers, the property offers a modern and stylish open-plan living space with ample natural light.
Further features include electric heating, uPVC double glazing, an allocated parking space within a secure gated car park, and a superbly convenient location within walking distance of Alvaston Park and Derby Railway Station!
The accommodation in brief comprises: Entrance hallway, hallway store cupboard, an open plan living/dining space with a feature bay window and opening through to a modern fitted kitchen, two spacious bedrooms, one of which having an ensuite shower room, and off the hallway the main family bathroom.
The property comes with an allocated parking space in a gated carpark and telecom system controlling access to the building.
Atlantic Way is situated within the popular area of City Point located within Pride Park on the outskirts of Derby City Centre and is well located for a range of amenities including shops and transport links including Derby Railway Station and bus routes Living/Dining Room 16'6" x 13'3" (5.0m x 4.0m) Kitchen 7'5" x 8'1" (2.3m x 2.5m) Bedroom 1 11'10" x 11'6" (3.6m x 3.5m) Bedroom 2 8'9" x 9'10" (2.7m x 3.0m) Ensuite 6'8" x 4'9" (2.0m x 1.4m) Bathroom 5'9" x 6'0" (1.8m x 1.8m) Lease Details Lease 136 Years Remaining Service charge: £170 per month.
Ground rent: £165 per year Buyer Information: 1. Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
Value & comps
No previous sales on record.
Returns
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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 advisors before making any investment decisions.
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
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FAQ
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