1-bedroom flat · DE22 2QF
For saleReduced £2k (−3%) on 28 JulListed 578 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented property offers an open-plan living arrangement, ideal for modern living.
Open Plan Dining Kitchen (4.32m x 2.89m / 14'2" x 9'6") A spacious dining kitchen with wood-grain effect laminate flooring and a range of modern base, wall, and drawer units.
These are complemented by roll-edge granite effect laminate worktops with an inset 1 1⁄2 basin stainless steel sink unit and draining board.
Additional features include ceramic wall tiling, an inset four-ring electric hob, an integrated electric fan-assisted oven, a glass-fronted display cabinet, and built-in appliances including a washing machine and refrigerator, which are provided as a goodwill gesture.
The room also benefits from a built-in airing cupboard housing the hot water cylinder and a wall-mounted intercom control system.
Open Plan Sitting Room (3.55m x 3.15m / 11'7" x 10'4") A comfortable sitting room with a continuation of the wood grain effect laminate flooring.
The room is well-lit with a window to the rear elevation, offering fine, far-reaching views. A doorway leads out to a feature shared balcony, providing a pleasant outdoor space.
Double Bedroom (4.30m x 2.87m / 14'1" x 9'5") A spacious double bedroom with wood-grain effect laminate flooring and a window that enjoys views to the rear of the property.
The room also features a built-in wardrobe for added storage.
Bathroom The bathroom is fitted with a three-piece suite in white, consisting of a panelled bath with a period-style mixer tap and shower attachment, along with a wall-mounted electric shower.
The room is fully tiled with ceramic floor and wall tiles. Additional features include a low flush WC, a wall-mounted wash hand basin, and an extractor fan for ventilation.
Outside The property is ideally located within easy reach of Park Farm Shopping Centre, which includes its own car parking area.
The car park provides strictly designated parking spaces for residents only, ensuring a convenient parking experience for the homeowner Local Area Allestree is a highly sought-after residential suburb, located approximately three miles from the city center of Derby.
Known for its excellent local amenities, this area offers a convenient and comfortable lifestyle.
Residents enjoy easy access to the well-regarded Park Farm Shopping Centre, which provides a variety of shops and services.
Regular bus services to the city center ensure connectivity, while recreational options abound.
Local leisure facilities include the Woodlands Tennis Club, Allestree Park with its golf course and fishing lake, Markeaton Park with its boating and fishing lake, and the prestigious Kedleston Golf Course.
The suburb offers easy access to major roads, including the A38, which connects to the A50 and M1 motorway, making it ideal for commuters.
Additionally, the location is convenient for those working at the nearby car factory.
Property Ownership Information Tenure Leasehold Council Tax Band A Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge No service charge Service Charge Review Period No review period Lease End Date 28/09/2186 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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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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.
Area
Agent & docs
FAQ
About Flat 46/Kedleston Court, Norbury Close, Allestree, Derby
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