Studio flat · DE22 3NL
To rentListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Monkey vs Owl are extremely proud to present this exceptional new development located on Uttoxeter New Road in Derby.
This property features a collection of 25 thoughtfully designed studio-style apartments and ensuite rooms, all of which have been meticulously renovated to a high standard.
The studio apartment offers a comfortable living space, complete with a reception room, a well-appointed bedroom, and a modern bathroom.
The design maximises space and light, creating an inviting atmosphere for residents.
Situated conveniently, this property provides easy access to Derby Royal Hospital and the city centre, making it an ideal choice for NHS staff and professionals seeking a convenient commute.
Additionally, a local supermarket is just a stone's throw away, ensuring that all essential amenities are within reach. For those with vehicles, parking is available at the rear of the property.
One of the standout features of this rental opportunity is that all utility bills and council tax are included in the monthly rent, simplifying your budgeting.
Furthermore, a no deposit option is available, making it easier for prospective tenants to secure their new home.
NHS staff will also benefit from a discount on the first month's rent, adding further appeal to this already attractive offer.
Deposit Options - Monkey vs Owl provides two types of deposit options for this property.
Option 1 is a No Deposit, known as a Reposit, or you can select a traditional deposit which is Five weeks’ rent which is £801.92 Reposit is not a deposit, it is an alternative to a cash deposit.
At the time of signup, you are required to pay a Reposit fee which is the equivalent of one week's rent (split between all tenants - subject to a minimum of £150) as a non-refundable fee so that you don't have to pay a cash deposit.
As this fee is non-refundable, it cannot be used against any end-of-tenancy charges the letting agent may raise at the end of your tenancy. However, Reposit is optional.
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 advisors 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
FAQ
About Uttoxeter New Road, Derby
Explore nearby