2-bedroom flat · DE22 1HY
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located at the head of a private drive and set in beautiful grounds, this spacious and well-presented two double bedroom ground floor apartment offers a generous lounge, fitted kitchen/diner and a has the added benefit of a generous en-suite fitted bathroom with separate shower cubicle.
With a good sized garage and no upward chain, it MUST be viewed!
Benefitting from uPVC double glazing and gas central heating, the accommodation in brief comprises: Communal entrance hall with lift and intercom secure entry; inner hall; entrance hall; spacious lounge with double doors and central feature fireplace; spacious kitchen diner; separate utility room; generous master bedroom with dressing area, French doors opening to the garden space and a range of fitted wardrobes; spacious en-suite four piece bathroom with separate shower cubicle; generous second bedroom with fitted wardrobes and a well-appointed fitted bathroom.
To the front of the property is an area of allocated and visitor parking, along with a good sized single garage.
To the rear is a well-maintained communal garden space with lawn and mixed flower and shrubbery beds.
Wheeldon Manor is conveniently situated close to local shops, well-regarded schools and amenities, as well as having excellent road and public transport routes with the A38 and A52 close by.
Entrance Hall Hall Lounge 14'10" x 12'10" (4.5m x 3.9m) Dining Kitchen 13'9" x 9'1" (4.2m x 2.8m) Utility Room 5'10" x 4'11" (1.8m x 1.5m) Bedroom One 14'8" x 12'0" (4.5m x 3.7m) En-Suite Bathroom 8'6" x 6'3" (2.6m x 1.9m) Bedroom Two 11'3" x 9'5" (3.4m x 2.9m) Bathroom 7'9" x 6'0" (2.4m x 1.8m) Lease Information 975 years remain on the lease Managing agent: Stuart Smith Annual service charge: £1816.72 Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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.
Area
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FAQ
About Wheeldon Manor, Wheeldon Avenue, Derby
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