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See how verdicts work2-bedroom flat · DE24 9SL
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN Offering a fantastic opportunity for a first time buyer or buy-to-let investor, this well presented two-bedroom ground floor apartment benefits from uPVC double glazing and gas central heating, and provides the perfect balance of space, comfort and convenience - ideal for those looking to downsize while remaining close to local amenities.
The accommodation briefly comprises: A bright and airy entrance hall with a useful storage cupboard; spacious open plan living and dining space - the living area providing a comfortable setting to relax or entertain guests, while the fitted kitchen offers both style and practicality; the kitchen area has a range of fitted units alongside ample worktop space, integrated electric oven and gas hob, plumbing and space for washing machine alongside space for fridge/freezer.
Spacious main bedroom with modern en suite shower room; second double bedroom; well appointed bathroom.
Externally, the apartment enjoys an allocated driveway providing parking space with convenient access to the front entrance.
Residents also have the benefit of beautifully maintained communal gardens, creating a welcoming environment and a sense of community.
Minster Court is ideally situated close to a range of local shops, everyday amenities, canal path for walking and bike riding, along with regular bus routes.
The property is also well placed for Rolls-Royce, Derby City Centre, and offers excellent road links via the A50 and M1, making travel straightforward and convenient.
Entrance Hall 15'1" x 3'6" (4.6m x 1.1m) Living Area 14'0" x 10'3" (4.3m x 3.1m) Dining Kitchen 10'2" x 8'9" (3.1m x 2.7m) Bedroom One 10'11" x 10'11" (3.3m x 3.3m) En suite 6'10" x 4'4" (2.1m x 1.3m) Bedroom Two 10'4" x 8'11" (3.1m x 2.7m) Main Bathroom 6'11" x 6'3" (2.1m x 1.9m) Additional Information The property is held on a 999-year lease with 985 years remaining.
Based on 2026 Statement, the service charge currently stands at £493.43 per annum. Freeholder: Derwent Living. Managing Agents: Places For People. Buyers Information 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About Minster Court, Shelton Lock
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