1-bedroom flat · DE21 7RZ
Listing removedListed 113 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculate One-Bedroom Apartment In The Covert, Derby - Part-Furnished & Modern Nestled in the desirable area of The Covert, Derby, this immaculate one-bedroom apartment presents an exceptional opportunity for those seeking a contemporary and convenient lifestyle.
Offered to let on a part-furnished basis, this property is presented in pristine condition throughout, ready for immediate occupation.
The heart of this charming home is its modern kitchen, thoughtfully designed with integral appliances, including a slimline dishwasher, integral washing machine and integral fridge freezer., ensuring a seamless and efficient culinary experience.
The sleek cabinetry and work surfaces provide ample storage and preparation space, making it a joy for any aspiring chef or for simply preparing a quick meal.
Flowing effortlessly from the kitchen is the inviting lounge, positioned to the rear aspect of the property.
This comfortable reception room boasts attractive wood effect laminate flooring, adding a touch of warmth and sophistication.
It provides a perfect space for relaxation, entertaining guests, or enjoying a quiet evening in. The layout maximises natural light, creating an airy and welcoming atmosphere.
The double bedroom, also situated to the rear, offers a peaceful retreat.
It benefits from a triple wardrobe, providing generous storage solutions for clothing and personal belongings, helping to maintain a clutter-free environment.
The thoughtful inclusion of this wardrobe means tenants can move in with ease, reducing the need for additional furniture purchases.
Practicality is key with this apartment, which includes the significant advantage of off-street parking for one vehicle.
This highly sought-after amenity provides convenience and peace of mind, eliminating the daily hassle of searching for a parking spot.
Furthermore, the property boasts an average broadband download speed of 75 Mbps over the last six months, ensuring excellent connectivity for remote working, streaming, or general internet use.
Prospective tenants will appreciate that the property is offered on an initial 6 or 12-month tenancy, providing flexibility.
It is important to note that, regrettably, this property is The council tax band for this property is A, which is typically the lowest band, contributing to more affordable living costs.
Located in The Covert, residents will benefit from good access to local amenities, transport links, and the wider offerings of Derby city centre.
This apartment is Ideal for a single person or a couple looking for a high-quality, low-maintenance home in a well-regarded area.
Its immaculate presentation, modern features, and practical benefits make it a truly appealing prospect in the current rental market.
Early viewing is highly recommended to fully appreciate the quality and appeal of this superb rental opportunity.
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 21, The Covert, Derby
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