2-bedroom flat · DE11 8ND
Listing removedReduced £7.5k (−4.4%) on 22 JunListed 468 days
Opportunity summary
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About
For sale, this neutrally decorated retirement home is a flat that's perfect for individuals or couples over the age of 55.
The property is in a convenient location with public transport links, local amenities, and nearby parks all within a short distance.
The property boasts a cosy open-plan kitchen/ reception room, ideal for entertaining guests or relaxing in the comfort of your own home has an abundance of natural light and enough space for a small dining area.
It's the perfect setting for enjoying meals and spending quality time with family and friends.
The flat offers two bedrooms; one of which is a spacious double room, while the other is a comfortable single room.
This ensures there is plenty of space for overnight guests or for use as a study or hobby room. The property also includes a bathroom equipped with a modern shower enclosure.
A noteworthy feature is the inclusion of parking, providing added convenience for those with vehicles.
Another unique feature is that the property is offered with no onward chain, allowing for a potentially quicker and smoother move.
The flat falls under council tax band A, making it an affordable choice for those looking to downsize or live a more relaxed lifestyle.
This retirement home provides a sense of community and convenience, ensuring everything you need is within reach.
It truly is a haven for those seeking a peaceful and comfortable life in their later years.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
SWD250025/8 Description Entrance Hall (3.05m x 1.22m) Entrance hallway with a storage/boiler cupboard. Kitchen/Living Room (5.64m x 5.38m) Open plan kitchen/living room.
The kitchen area is well equipped with wall and base units with contrasting work surfaces. There is space for appliances and an integrated electric hob and oven.
There is ample dining and living space. Main Bedroom (3.84m x 3.28m) Main double bedroom. Bedroom Two (3.25m x 2.18m) A generous second bedroom.
Shower Room (2.06m x 1.73m) There is a shower enclosure, wash basin and low flush wc. Outside There is a communal garden area and parking for residents and visitors.
Agents Note: Please note that there is an annual service charge of approximately £5,665.92
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 224, Oakland Village,, Hall Farm Road, Derbyshire
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