1-bedroom flat · DE21 2BD
For saleReduced £5k (−5.3%) on 9 JulListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Hall and Benson are pleased to bring to market this well-presented studio apartment, located within the ever-popular residential area of Oakwood.This studio flat offers a bright, low-maintenance living option, perfectly suited to first-time buyers, professionals, or investors.
Description The property is accessed via a secure communal entrance, leading upto the main studio space.
This versatile room comfortably accommodates both living and sleeping arrangements, with a fitted kitchen positioned to maximise the layout.
Large front-facing windows flood the room with natural light, creating a pleasant and airy environment throughout the day.
Positioned to the rear of the apartment is a separate bathroom, thoughtfully arranged to maintain privacy from the main living area.
A useful loft space provides valuable additional storage, a rare and practical feature for a studio apartment.
Externally, the property benefits from allocated off-road parking and access to well-maintained communal garden areas, ideal for enjoying outdoor space without the upkeep.
Conveniently situated close to local amenities, transport links and green spaces, this studio flat represents an excellent opportunity for those seeking an affordable home or a solid buy-to-let investment.
Front To the front of the property is the communal parking area. Communal Hallway Accessed via communal entrance doors leading into a communal entrance with stairs up.
Kitchen Area Having a range of wall and base units, electric hob and oven, integrated fridge, laminate flooring and two windows to the front. Bedroom Area Having built-in storage unit.
Bathroom Having tiled flooring, two windows to the side, built-in storage, bath with electric shower over, a radiator and loft hatch. Lease details are currently being compiled.
For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 34, Danebridge Crescent, Derby
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