2-bedroom flat · DE22 1JH
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The approach to the property is through remote controlled electric vehicular gates, leading to a courtyard with a larger than average single garage with electric door, power and light with an additional car parking space in front.
Access into the apartment is via a secure communal front door with intercom control leading into a pleasant hallway area with stairs and a lift rising to the first floor.
The apartment is positioned at the front of the building, entering the private accommodation first into a lobby area with a built-in cloaks cupboard.
The lobby opens into a large reception hallway with access feeding off to all principal rooms, airing cupboard and utility room with plumbing for laundry appliances.
A square archway leads into a handsome living room with a large bay window overlooking the front courtyard and with far reaching views and a contemporary wall mounted living flame fire.
The living room is open plan to the dining kitchen with a generous dining area to the front with two lovely windows which fill the space with natural light.
The kitchen area is fitted with an extensive range of base and eye level units incorporating vegetable baskets, roll edge worksurfaces extending to form a breakfast bar, inset one and a half bowl stainless steel sink unit with mixer tap, tiled splashbacks, integrated dishwasher, fridge and freezer, built-in eye level oven and eye level microwave, halogen hob and extractor hood over.
The master bedroom has fitted wardrobes and a dressing table and an en-suite shower room fitted with a concealed flush WC and bidet and vanity washbasin with lots of built-in storage, extensive tiling and a double shower enclosure.
Bedroom two is also a nicely proportioned bedroom with a range of fitted furniture including wardrobes, a dressing table and drawers and bedside cabinets.
The main bathroom completes the accommodation and is fitted with a concealed flush WC, vanity washbasin and a panelled bath with shower over and glass shower screen, extensive tiling.
St George's Close is an exclusive development of large quality homes.
This superb apartment building located close to the A6 has easy access to the city centre and northerly Derbyshire villages and towns.
Locally there is a host of impressive amenities and facilities, the closest of which being a mini-Waitrose and petrol station, cafe, public house, doctors and dentists surgeries, pharmacy and the beautiful Allestree park and lake.
The sale of this property offers an excellent opportunity for occupiers of all types, downsizers and retirees included or as a bolthole to 'lock and leave' all within a safe and secure community setting.
A superb apartment and position worthy of a full detailed inspection.
Tenure: Leasehold - start date 19 July 2004 - 999 years from 1 May 2003 Service charges TBC (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Please note: It is quite common for some properties to have a Ring doorbell and internal recording devices.
Property construction: Standard Parking: Garage & parking space Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Mains (Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: See Ofcom link for speed: Mobile signal/coverage: See Ofcom link Local Authority/Tax Band: Derby City Council / Tax Band E Useful Websites: Our Ref: JGA07092026 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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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.
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FAQ
About Apartment 4, 14 St. Georges Close
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