1-bedroom flat · DE73 8FE
To rentListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A recently developed 1 bedroomed unfurnished second apartment with aluminium double glazing & electric heating. The Acc.
Comprises: Entrance hall, open plan living/breakfast kitchen with oven, double bedroom & modern shower room. Very convenient for local amenities.
Shared entrance through the main front door into a communal hallway.
A staircase leads to a private door leading to a further staircase for the three flats and the flat is then accessed off a further communal hall.
The Accommodation comprises: Wooden flat entrance door to - Entrance Hall With video intercom system, coat hooks, fuse board, smoke alarm and grey carpet.
Open Plan Lounge/Breakfast Kitchen (5.54m x 2.92m (18'2" x 9'7")) With range of duck egg gloss base and wall units, Oak effect laminate square edge worktops with tiled splashback and inset stainless steel sink and drainer unit.
Integrated Beko appliances include; single electric oven with electric hob and chimney style extractor hood over.
Coated aluminium double glazed window to rear with curtain pole over, electric heater, smoke alarm, telephone point, tv aerial lead and grey laminate effect vinolay flooring Bedroom (2.95m max x 2.92m min (9'8" max x 9'7" min)) With upvc double glazed windows to rear with curtain pole over, electric heater, telephone point, television aerial, LED feature lighting, grey fitted carpet and cupboard housing hot water cylinder.
Shower Room With fully tiled walls, a 3 piece white suite consisting of a pedestal washbasin, low level w.c, walk in shower cubicle with mixer shower over.
Electric towel style heater, extractor fan, mirror, shaver socket and grey ceramic tiled flooring.
Additional Information Holding deposit £180.00 - This is taken to secure the property whilst references are carried out. This will then be used towards the initial rent/deposit payment.
Disclaimer: Austin Property Management Services Ltd assumes no responsibility or liability for any errors or omissions in the content of this advert.
In some cases photos taken prior to the current tenants occupation may be used, the condition will be expected to be similar to the photos used.
Whilst every care has been taken to ensure that the information provided is accurate and as up to date as possible, there is however no guarantees of completeness, accuracy, usefulness or timeliness.
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.
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
Agent & docs
.gif)
FAQ
About Apartment No 3, 71, Derby Road, Derby
Explore nearby