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See how verdicts work3-bedroom flat · DE22 3WT
For saleListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
To the front of the property is a small front garden with outside storage and wrought-iron railings.
Entrance is via the front entrance lobby with stairs rise to the first floor where a central landing gives access to all the living spaces and features two built-in storage cupboards and access to the loft.
The main living room is a generous space with plenty of room for a family dining table and chairs as well as soft furnishings. A box window has lovely views over the park at the front.
The kitchen is fitted with an extensive range of base and eye-level units with roll edge worktops, tiled splashbacks, inset stainless steel sink unit with a window above with lovely views out towards the trees and church to the rear.
Spaces have been left for appliances. A built-in boiler cupboard houses a combination boiler which was newly installed in 2005.
The bathroom is fitted with a bath and washbasin plus a window to the front and a separate WC.
There are two excellent double bedrooms with views over the park to the rear and a nicely proportioned single room.
The property is located next to St Lukes Church and opposite Bramblebrook Community Centre and Stockbrook Recreation Ground which has basketball courts and a children's playground.
The area is close to Derby city centre, the property benefits from excellent access to local schools, bustling shops, and major road links.
Tenure: Leasehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative). Lease commenced 25/1/93 for 125 years.
Ground rent: £10 Service charge: £697.35 per annum Please note: It is quite common for some properties to have a Ring doorbell and internal recording devices.
Property construction: Traditional Parking: Resident parking Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Mains gas (Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: Cable See Ofcom link for speed: Mobile signal/coverage: See Ofcom link Local Authority/Tax Band: Derby City Council / Tax Band A Useful Websites: Our Ref: JGA/22072026 The property information provided by John German Estate Agents Ltd is based on enquiries made of the vendor and from information available in the public domain.
If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.
We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof / source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property.
We use the Checkboard app to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history.
With effect from 1st March 2025 a non-refundable compliance fee of £30.00 inc.
VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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
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