We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · DE56 1TZ
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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.
QBP260308/8 Entrance Lobby Entrance is gained via a secure internal door from the communal hallway, opening into a welcoming entrance hallway that provides access to the lounge diner, bedroom one and shower room.
A deep storage cupboard houses the property’s hot water cylinder and fuse board, with useful shelving also installed.
Lounge Diner A well-proportioned living area featuring telephone and television points, coving to the ceiling and a wall-mounted electric heater.
A double-glazed door opens onto a charming flagged patio, bordered by beautifully maintained communal gardens and providing an ideal space for outdoor seating and alfresco dining.
Glazed double doors lead into the kitchen.
Kitchen Fitted with a range of wood-effect wall, base and drawer units, complemented by work surfaces incorporating an inset sink with side drainer and mixer tap.
Integrated appliances include an AEG electric oven, AEG electric hob with matching overhead extractor, and an under-counter fridge/freezer.
Further features include tiled splashbacks, wood-effect flooring, coving to the ceiling and a wall-mounted electric heater.
Bedroom A well-proportioned double bedroom featuring mirrored double wardrobes with shelving and hanging space, coving to the ceiling and a wall-mounted electric heater.
A double-glazed window enjoys pleasant views over the communal gardens.
Shower Room Comprising a low-level WC, pedestal washbasin with useful storage beneath, and a glazed shower cubicle with a sliding door and mains-fed thermostatic bar shower.
Further features include wall tiling, a wall-mounted heater and an extractor fan. Communal Attractive open plan communal lounge providing a handy meeting place with its own separate kitchen area.
Large, well equipped laundry room. On site parking.
Resident activities Additional Information Prospective purchasers should note that the property is subject to: A lease tern of circa 105 years Service Charge is £214.36 payable monthly (covers - CareLine, Fire Alarm, Laundry facilities, Water Rates, Buildings Insurance and Door Security system).
Estate and Management Charge is £395.00 payable twice yearly.
Purchase is also subject to a successful interview with the development manager to ensure prospective residents meet the complex’s eligibility and suitability requirements.
Full details should be confirmed with the management company and the purchaser’s legal representative.
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.
Area
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FAQ
About Flat 2, Heritage Court,, Kedleston Close, Derbyshire
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