1-bedroom flat · DE22 3LT
To rentReduced £25 (−3.7%) on 4 OctListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Derby, a short distance from the vibrant city centre, this is a well presented one bedroom first floor flat which benefits from electric heating, double glazing and one allocated car parking space.
Internally the recently redecorated accommodation briefly comprises an entrance lobby with staircase leading to a landing which gives access to a living kitchen with integrated appliances and space for furniture, sizeable double bedroom and bathroom with shower attachment over the bath.
Outside the property benefits from one allocated car parking space.
Situated in the heart of Derby, the property is within easy walk of the city centre with its wealth of bars, restaurants and the Derbion shopping centre.
The apartment has the additional advantage of being within walking distance of the Derby City Hospital and close to the ring road giving access to the A50, A52 and M1 corridor.
A bright and airy spacious apartment which should be viewed to be fully appreciated.
Accommodation - Entering the property through front door into: Private Entrance Lobby - With staircase leading to the first floor.
Landing - With access to loft and useful storage cupboard with hot water tank.
Living Kitchen - 4.24m x 5.77m (13'11" x 18'11") - (Maximum measurement) This room is the focal point of the apartment and has a spacious area for dining and occasional furniture and open plan access to the: Kitchen Area - The kitchen has a range of surface/preparation areas, wall and base cupboards and there is an integrated electric oven, electric hob and extractor over.
There is a stainless steel sink unit with drainer, useful kitchen drawers and storage cupboard.
The open plan area has ample space for dining/occasional lounge furniture and there is open shelving and two wall mounted electric heaters.
Bedroom - 3.63m x 3.25m (11'11" x 10'8") - With double glazed window, wall mounted electric heater and wardrobe.
Bathroom - Low level WC, wash hand basin and bath, shower attachment over the bath, complementary tiling and double glazed window.
Outside - Outside the property benefits from one allocated car parking space and there are views over gardens to the rear.
Please Note - Tenants are required to pay to the first months rent and deposit, the deposit being equivalent to 5 weeks rent or less, prior to a tenancy commencing.
A holding deposit equivalent to 1 weeks rent or less will be required on making an application for the property, this amount will be deducted from the total required.
The holding deposit will be retained by the landlord/letting agent if false or misleading information is provided which affects a decision to let the property and calls into question your suitability as a tenant While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) MONEY LAUNDERING REGULATIONS prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
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FAQ
About Trowels Lane, Derby
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