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See how verdicts work1-bedroom flat · DE22 2QF
For saleListed 803 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ** Guide price £60,000 - £65,000 ** ** Ideal investment or First time buy *** ** popular residential location ** garage ** Spacious throughout *** description Hall and benson are pleased to market this one bedroom apartment in the sought after location of Allestree.
Kedleston court is in close proximetey to a wide range of local amenities such as shops, schools, bus routes and major road links.
In brief the apartment consists of; an entrance hallway, living space, bathroom and bedroom aswell as access to the shared balcony.
To the outside there is communal areas, stairs aswell as lift asccess and this particula apartment benefits from its own garage. Call to arrange your viewing today.
Entrance Hall Vinyl flooring, one electric storage heater, two storage cupboards.
Lounge 13' 5" plus recess x 10' 2" ( 4.09m plus recess x 3.10m ) Laminate flooring, UPVC double glazed window to the rear elevation, UPVC double glazed door to the side elevation giving access to the shared balcony.
Kitchen 6' 7" max x 9' 1" ( 2.01m max x 2.77m ) Vinyl flooring, wall and base units with tiled splashback, cooker, fridge-freezer, washing machine, stainless steel sink and drainer with mixer tap.
Bedroom 11' 5" plus wardrobe x 9' 5" ( 3.48m plus wardrobe x 2.87m ) Laminate flooring, built in wardrobe, UPVC double glazed window to the rear elevation.
Bathroom Vinyl flooring, bath with overhead shower and tiled splashback, WC, sink with taps, fitted cupboards. Garage Up and over door to the front elevation.
Tenure Information The lease length is 199 years from 1987 meaning there are approximately 163 years remaining. Ground rent is £20 per annum. Service charge is £2400 per annum.
Contact the information for any further information. We currently hold lease details as displayed above, should you require 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 Flat 61, Kedleston Court, Norbury Close, Derby
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