1-bedroom flat · DE22 3ZB
For saleListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A personal inspection is highly recommended to fully appreciate this attractive development designed for the over 55's and the stunning most spacious apartment on offer.
Set in landscaped grounds with ample parking spaces and a seating area to enjoy the outside area.
There is an on site Lodge Manager on duty five days a week and the opportunity to join in the programme of homeowners social events if desired.
The most spacious communal lounge area with a coffee station and full kitchen facilities is an excellent space to meet up with friends and family together with the option to book the guest suite for overnight visitors at a nominal charge.
The apartment has been finished to a high standard and in brief comprises the following accommodation: Entrance hall, spacious Lounge/Dining/ Kitchen, large bedroom and a shower room.
The property has the benefit of a 999yr Lease, the service charge is currently £2,369.63 per annum payable monthly, half yearly or for the full year.
There is a serviced intruder alarm and a 24 emergency call out system.
Albany Lodge is conveniently situated for the Kingsway Retail Park together with the amenities in Derby City Centre itself, Markeaton park is a short distance away and there are road links via the A52, A6, inner ring road, A38 and A50 networks giving access to the M.1 SECURE DOORS WITH KEY FOB/ VIDEO ENTRY PHONE SYSTEM LEADING TO THE MAIN FOYER A welcoming foyer leading to doors to the corridor to the ground floor apartments and the attractive communal lounge area.
ENTRANCE HALL TO APARTMENT: A spacious area having a useful store cupboard with plumbing for automatic washing machine and linen store, further cupboard housing the water heating system SPACIOUS LOUNGE/DINING/KITCHEN: 24' 4" x 14' 6"(7.430 x 4.438m) LOUNGE/DINING AREA: 16' 1.9" x 14' 6" (4.925 x 4.43m) having electric radiator Having UPVC French doors leading to the patio area and overlooking a grassed area KITCHEN AREA: 11' 10" x 7' 6" (3.606 x 2.296m) Having range of wall, drawer and base units incorporating ample food preparations surfaces, built in electric oven and hob with cooker hood over, integrated fridge freezer, plumbing for single dishwasher.
SPACIOUS BEDROOM: 16' x 12' 8" (4.882 max/3.583 min x 3.875m) A most spacious room having electric wall radiator, UPVC double glazed window to front, built in mirror fronted wardrobes.
BATHROOM: Having three piece suite comprising large shower cubicle, wash basin with mirror fronted cupboard over and 'no touch' lighting, w.c. heated towel rail, useful shelving
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 Albany Lodge, Bramble Drive, Derby, Derbyshire, DE22
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