2-bedroom flat · DE56 1TZ
Sold STCListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY *** TWO BEDROOMS *** VIEWS TOWARD THE CHEVIN *** with lift access, situated close to local amenities and transport links, Heritage Court is a popular retirement complex for over 55's, offering many on-site facilities and welcoming social events.
DESCRIPTION A rare TWO bedroom apartment with views towards the Chevin is offered with No upward chain.
Situated in Heritage Court this over 60's complex is ideally located in Belper town centre giving convenient access to an abundance of local amenities including shops, cafe's, supermarkets along with bus routes and Belper Train station.
This over 55's development offers facilities including a guest room, laundry, shared communal lounge, lift to all floors and dining space along with a well maintained garden and car parking.
In brief this apartment offers an entrance hallway with multiple storage cupboards, lounge diner with countryside views, two double bedrooms, fitted kitchen and a shower room.
Viewings essential to appreciate the space and view this apartment has to offer.
Entrance Hallway Generous entrance hallway with storage heater, two storage cupboards and doors to; Lounge Diner 17' 6" x 17' 4" ( 5.33m x 5.28m ) Fitted with an electric fire with feature hearth and surround, storage heater, carpet flooring, double doors to the kitchen, space for dining table and a UPVC double glazed window with countryside views.
Kitchen 8' 10" x 7' 5" ( 2.69m x 2.26m ) Fitted with a range of matching wall and base units, roll top worksurfaces incorporating a stainless steel sink and drainer unit with mixer tap, four ring electric hob, under counter fridge, eye level oven and a UPVC double glazed window.
Bedroom One 14' 5" x 9' 10" ( 4.39m x 3.00m ) Double bedrooms with a UPVC double glazed window with countryside views, carpet flooring, storage heater and a built in triple wardrobe with mirrored doors.
Bedroom Two 14' 4" x 12' 1" ( 4.37m x 3.68m ) Double bedroom with a UPVC double glazed window to the side elevation, carpet flooring and storage heater.
Shower Room Fitted with a walk in double shower unit, low level WC and a vanity style sink unit. tiled walls and wall mounted heater.
Location Situated central to the town centre with its railway station, excellent shopping, cafe's, restaurants and leisure facilities.
There is easy access to Derby and Nottingham via major road links and bus routes, ie : A6, A38 and M1, whilst providing the gateway to the beautiful Peak District.
Facilities Residents have use of a communal lounge and garden, laundry room, guest services, car park, careline alarm system and an in-house manager.
Leasehold Please contact the branch with up to date information regarding service charges and ground rents We currently hold lease details as displayed above, should you require 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: Connells 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: Connells 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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