1-bedroom flat · DE7 8NJ
Listing removedListed 113 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Option! Zero Deposit Option! Welcome to this charming ground floor flat located on May Street.
This delightful property offers a perfect blend of comfort and convenience, making it an ideal choice for individuals or couples seeking a cosy home.
As you enter the flat, you are greeted by a spacious reception room that provides a warm and inviting atmosphere..
The room is filled with natural light, creating a bright and airy feel throughout the space. The flat features one well-proportioned bedroom.
The bedroom is designed to accommodate a double bed and additional furnishings, ensuring ample space for your personal belongings.
Completing this lovely flat is a modern bathroom, equipped with essential amenities to cater to your daily needs. The layout is practical and functional, making it easy to maintain.
Situated in a convenient location, this property is close to local shops, parks, and transport links, providing easy access to the wider area.
Whether you are looking to enjoy the vibrant community of Ilkeston or simply seeking a comfortable place to call home, this ground floor flat is an excellent option.
Do not miss the opportunity to view this delightful property. It is sure to attract interest, so arrange a viewing today to experience all that this flat has to offer.
Kitchen (2.27m x 2.10m (7'5" x 6'10")) Having a range of base and eye level modern fitted units with plumbing space for washing machine and further space for double fridge freezer.
Roll top work surface with a stainless steel sink and drainer with mixer tap, white splashback tiles, laminate flooring and UPVC double glazed window to the side aspect.
Entrance (3.17m x 0.950m (10'4" x 3'1")) With UPVC double glazed windows and patio door, laminate flooring, wall mounted radiator, skirting boards and spotlights. All neutrally decorated.
Lounge (3.82m to recess x 3.61m (12'6" to recess x 11'10")) The lounge being open plan from the entrance, with carpet, skirting boards and wall mounted radiator. Again, neutrally decorated throughout.
Bedroom (2.15m x 3.60m to wardrobe recess (7'0" x 11'9" to) The bedroom has a range of fitted wardrobes, UPVC double glazed window to the rear elevation, wall mounted radiator and skirting boards.
Inner Lobby A further storage cupboard houses the gas boiler. With wall mounted radiator and newly fitted carpet.
Shower Room (2.42m x 1.90m (7'11" x 6'2")) The shower room comprises of a three piece suite with a low-level toilet, sink on pedestal and shower cubicle with electric shower.
With wall mounted radiator, UPVC window to the rear elevation and vinyl flooring. All neutrally decorated throughout.
Move in cost - First months rent £695 bond £695 Council Tax Band A While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) money laundering regulations – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 4, 2, May Street, Derbyshire
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