1-bedroom flat · DE73 8FE
Listing removedListed 129 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 1 bedroomed unfurnished apartment with aluminium double glazing & electric heating. The Acc.
Comprises: Entrance hall, open plan living/dining kitchen with oven, double bedroom & shower room. Very convenient for local amenities.
Shared entrance through the main front door into a communal hallway.
A staircase leads to a private door leading to a further staircase for the three flats and the flat is then accessed off a further communal hall.
The Accommodation comprises: Wooden flat entrance door to - Entrance Hall With video intercom system, coat hooks, fuse board, smoke alarm and grey carpet.
Open Plan Lounge/Dining Kitchen (7.24m x 4.60m max, 2.79m min (23'9" x 15'1" max, 9) With range of cream base and wall units, Oak effect laminate rolled edge worktops with tiled splashback and inset stainless steel sink and drainer unit.
Integrated Beko appliances include; single electric oven with electric hob and chimney style extractor hood over.
Coated aluminium double glazed windows and fire escape to rear with curtain pole over, 2 electric heaters, smoke alarm, telephone point, tv aerial lead, grey laminate effect vinolay flooring and cupboard housing hot water cylinder.
Bedroom (3.38m min x 2.79m (11'1" min x 9'2")) With aluminium coated double glazed windows to rear with curtain pole over, electric heater, telephone point, television aerial, coat hooks and grey fitted carpet.
Shower Room With fully tiled walls, a 3 piece white suite consisting of a pedestal washbasin, low level w.c, walk in shower cubicle with mixer shower over.
Electric towel style heater, extractor fan, mirror, shaver socket and grey ceramic tiled flooring.
Additional Information Holding deposit £190.00 - This is taken to secure the property whilst references are carried out. This will then be used towards the initial rent/deposit payment.
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 No 2, 71, Derby Road, Derby
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