No floorplan from the agent

Wilkins Drive, Derby, DE24 8YR

1-bedroom flat · DE24 8YR

355 sq ft1 bathNo Onward Chain · Private Entrance · Separate Kitchen

Asking

£50,000

For saleListed 416 days

Chain Free

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Opportunity summary

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About

The property

SUMMARY NO CHAIN - IDEAL BUY TO LET - ONE BEDROOM - A spacious one-bedroom flat in a convenient location close to local amenities.

DESCRIPTION Ashley Adams are pleased to bring to market this spacious one-bedroom flat in a convenient location close to local amenities and road links offered for sale with no onward chain.

The accommodation comprises a hallway, lounge, kitchen, double bedroom, bathroom and rear garden, and benefits from it's own private entrance. The property also has Gas Central Heating.

Viewing is strongly advised to appreciate the potential this property offers as a buy to let, or for a first time buyer. Entrance Hall Accessed via double glazed UPVC front door.

Internal doors to all rooms. Lounge Double glazed UPVC window to the rear elevation. Radiator. Kitchen Having a range of wall and base units with countertops over. Space for all white goods.

Double glazed UPVC window and door to the rear elevation. Radiator. Bedroom Double glazed UPVC window to the front elevation. Radiator.

Bathroom Three piece white suite to include bath with shower over, W.C. and hand basin. Radiator. 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.

Burchell Edwards 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.

Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Chain Free

Key information

Price per Square Foot

£141/sq ft

Based on 355 sq ft (33 sq m)

Floor Area

355 sq ft (33 sq m)

Council Tax Band

Band A

Estimated ~£1200/year

Tenure

Leasehold

Local Authority

City of Derby (B)

Unitary Authority

Property features

No Onward Chain
Private Entrance
Separate Kitchen
Private Garden
Excellent Location
Close To Local Amenities
Easy Access To Road Links
Ideal Investment Opportunity

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

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0.0% below asking

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Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market416 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market416

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £50,00001-09-2025

Still activeDay 416 on marketToday

Strategy fit

No strategy scores available yet.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.