2-bedroom flat · DE1 2DN
To rentReduced £105 (−9.5%) on 13 OctListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
John Shepherd are delighted to present this beautifully presented two-bedroom, two-bathroom unfurnished apartment, located within the highly sought-after Nightingale Quarter development.
This stunning apartment offers contemporary city living, featuring a spacious open-plan kitchen, dining and living area.
The modern kitchen is fully fitted with integrated appliances, combining practicality with sleek design, while the living space benefits from an abundance of natural light.
The property comprises two well-proportioned double bedrooms, including a generous principal bedroom with a contemporary en-suite shower room.
A further modern family bathroom serves the second bedroom and visiting guests, both finished with high-quality fixtures and fittings.
Residents of Nightingale Quarter enjoy access to beautifully landscaped communal gardens, alongside exclusive on-site amenities including a gym and co-working space.
Ideally situated within walking distance of Derby city centre, Derby railway station and a range of local amenities, the development offers convenience and lifestyle in equal measure.
This attractive unfurnished apartment is ideally suited to those seeking high-quality accommodation in one of Derby's most desirable developments. Marketing photographs for advertising purposes only.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
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FAQ
About Apartment 34, Strutt House, 1, Erasmus Drive, Derbyshire
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