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See how verdicts work2-bedroom flat · DE23 3ZA
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold with tenants in situ this charming first floor two bedroom flat is the ideal investment currently receiving a rental income of £820 per calendar month.
The property is located within the Littleover School Catchment area as well as being within an easy commutable distance of the Royal Derby Hospital, Toyota and Rolls Royce.
Located in a highly sought-after area, this well-presented first-floor apartment offers an excellent opportunity for investors. The current tenants are paying £820 per calendar month.
The property features two spacious double bedrooms, each providing ample space for bedroom furniture and storage.
The open plan living kitchen is a particular highlight, offering a modern and versatile space that is perfect for both relaxing and entertaining.
The living area benefits from a Walk On balcony, allowing plenty of natural light to flood the room and creating a bright, airy atmosphere.
The apartment is offered with tenants in situ ensuring a smooth and efficient purchasing process.
Additional benefits include allocated parking, secure entry system, and close proximity to the Royal Derby Hospital, local shops, and excellent transport links.
This property is a must-see for anyone seeking convenience, comfort, and a prime location. The outside space has been thoughtfully designed with residents in mind.
The apartment block is set within well-maintained communal grounds, providing a pleasant outlook and a sense of community.
Allocated parking is included with the apartment, ensuring you always have a space available (ideal for busy professionals or visitors).
The surrounding area is peaceful yet conveniently close to a range of amenities, including parks and green spaces for outdoor recreation.
Excellent public transport connections and easy access to major road networks make commuting straightforward.
The communal areas are regularly maintained, contributing to a clean and welcoming environment.
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.
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
Agent & docs
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FAQ
About 31, Badgerdale Way, Derby
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