2-bedroom flat · DE21 4TR
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** beautiful newly decorated two bedroom apartment with ensuite & allocated parking *** Robert Ellis are pleased to offer to let this beautifully presented two-bedroom apartment at Magnus Court, just off Alfreton Road.
Conveniently located for local shops, supermarkets, the University of Derby and Derby city centre.
With excellent transport links, nearby green spaces including Darley Park, and easy access to the Meteor Centre, the property has been newly decorated and fitted with new carpets throughout.
Further benefits include an ensuite, separate family bathroom and allocated parking.
The accommodation is accessed via a secure communal entrance, housing individual locked mailboxes, which leads to the apartment's main entrance.
Internally, a hallway provides access to a useful storage cupboard and the principal rooms.
There are two generous double bedrooms, with the front bedroom benefiting from an ensuite bathroom, as well as a larger separate family bathroom.
Completing the accommodation is a spacious open-plan lounge and kitchen, offering a versatile living and dining area.
The kitchen is fitted with a range of wall and base units, contrasting work surfaces, a gas hob, electric oven and stainless steel extractor hood, and fridge-freezer.
The property benefits from gas central heating and UPVC double glazed windows throughout, and externally there is an allocated parking space in the complex’s dedicated carpark.
Available now – Accompanied Viewings – Stapleford Branch Council Tax Band – B EPC Rating - C
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 146, Magnus Court, Derby
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