2-bedroom flat · DE1 2RJ
Let agreedListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Start your next chapter in this brand-new apartment in Castleward Place, Derby’s welcoming new neighbourhood where modern living is convenient and comfortable.
Whether you’re moving in on your own, with family or a friend, there’s plenty of space for everyone to spread out and relax.
Thoughtfully designed to be energy-efficient to save money on bills, both bedrooms are doubles – with one en-suite – so no one has to make do with a single room.
Or you could turn one into a home office to keep your dining table free for dining. You’ll be a short stroll from the tempting bars, restaurants and shops at Derbion.
Or when you need some green space, the River Derwent is seconds away from your front door for chilling out or morning runs.
And when it’s time to head further afield, Derby train station is a short walk away for connections to Nottingham, Birmingham and beyond.
Or reach the M1 within 20 minutes to access the motorway network.
Back home, your own resident services manager Alicia will show you round the area and also oversees the 24/7 maintenance service for ultimate peace of mind.
Get ready to rent with confidence thanks to a professional landlord committed to making your experience straightforward and stress-free.
A snapshot of your new home: Type: 2 bed apartment Location: Castleward Place, Derby Energy-efficient: EPC rating B to enjoy lower bills Your new home has: Spacious and welcoming open-plan living area with dual-aspect windows including a Juliet balcony Modern fitted kitchen with reliable integrated appliances for rustling up meals with ease Sociable dining and living space for getting together with friends and family Large double bedroom with private en-suite shower room Second double bedroom so everyone has a generous private space to relax Main bathroom for long soaks with your favourite podcast You’ll also enjoy: Quick walking access to Derbion shopping centre and Derby train station Neighbouring green space alongside the River Derwent On-site resident services manager for reliable maintenance and a friendly face Residents’ app The reassurance of a professional landlord This home is available with flatfair's Nil Deposit solution.
Skip the traditional deposit and pay a one-off check-in fee equal to 28% of one month's rent (+VAT).
It's a simple, upfront alternative that keeps moving costs down – though please note this fee is non-refundable and can't be used to cover any future damages. Who’s my landlord?
Renting with Placefirst means stability, service and no surprises. Our homes come with secure and professional tenancies, available to rent for as long as you need.
We’re a pet-friendly landlord with a dedicated resident services manager, 24/7 in-house maintenance and round-the-clock emergency support – so you’re never left chasing a fix or feeling on your own.
One to bear in mind – pics are representative of the quality and finish of our homes. Please don’t be shy – arrange a viewing for the exact property type and layout available.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Canal Street, Derby, Derby City
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