2-bedroom flat · DE74 2DG
For saleListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**No onward chain** An excellent opportunity to purchase a first floor, two bedroom apartment, ideal for first time buyers, professionals, investors or downsizers.
The apartment offers spacious open-plan living, a modern fitted kitchen, a principal bedroom with en-suite, guest bedroom, contemporary family bathroom and allocated parking.
Ideally located within the popular village of Kegworth, close to local amenities with excellent transport links to major commuter routes.
Overview - Offered to market with no onward chain, this first floor apartment has been upgraded by the current owners.
The apartment offers spacious open-plan living, a modern fitted kitchen, a principal bedroom with en-suite, guest bedroom, contemporary family bathroom and allocated parking.
Ideally located within the popular village of Kegworth, close to local amenities with excellent transport links to major commuter routes.
The current owners have recently made several upgrades including a new bathroom and a new boiler. The apartment is accessed via a secure communal entrance and there is an allocated parking space.
Kegworth is a sought after village in North West Leicestershire, popular with families, commuters and students, creating a friendly community feel amongst all.
It offers a great range of local amenities, with shops, pubs, restaurants, local businesses and sporting facilities.
The village has easy access to the University of Nottingham’s Sutton Bonington Campus, and convenient public transport links to Nottingham, Derby and Leicester.
It is located just off the M1, with East Midlands Airport, East Midlands Parkway railway station and Donington Park in close proximity.
Living Room - A bright and spacious open-plan living area, flooded with natural light from glass doors opening to a Juliet balcony.
This neutrally decorated and carpeted reception room provides an excellent space for relaxing or entertaining, with an open layout flowing into the kitchen.
Kitchen - Open plan to the living area, the well-appointed kitchen is fitted with a range of light oak effect wall and base units, light stone effect work surfaces, tiled splashback, oven, four-ring gas hob with extractor fan, rear-facing window provides plenty of natural light above the sink.
Master Bedroom - A generously sized double bedroom with neutral décor and beige carpet, door leads directly into the en-suite shower room.
En-Suite - Fitted with a modern white three-piece suite comprising a walk-in shower, hand basin and WC, contemporary tiling with integrated shelving and a large heated towel rail.
Bedroom 2 - A well-proportioned single bedroom decorated with neutral décor and a sand coloured carpet, offering versatility to suit a range of buyers.
Ideal as a guest bedroom, nursery or home office, with space for a single bed and additional furniture.
Bathroom - A stylish, contemporary bathroom fitted with a modern three-piece suite comprising of a panelled bath with glass shower screen and shower, hand basin with useful storage beneath, and WC.
Finished with attractive grey stone-effect wall panelling and wood-effect flooring.
Value & comps
No previous sales on record.
Returns
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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 Munnmoore Close, Kegworth, Derby
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