2-bedroom flat · DE1 3RZ
For saleListed 10 days
Opportunity summary
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About
SUMMARY A unique and characterful apartment situated in this historic former tavern and located in the sought after hamlet of Chester Green offered for sale as a share of freehold .
DESCRIPTION Ashley Adams are thrilled to market this unique and characterful apartment situated in this historic former tavern and located in the sought after hamlet of Chester Green.
Offered for sale as a share of freehold the property in brief comprises of an inner lobby, kitchen/lounge/diner, utility area, two bedrooms and bathroom.
Vivian Street, Derby is a popular residential location situated close to Derby city centre, offering excellent convenience for a range of buyers.
The area benefits from easy access to local shops, supermarkets, schools, public transport links and major road networks, making it attractive to first-time buyers, families and investors alike.
Agent Note This property is for sale as a share of freehold. The new buyer will be become part of the GARDEN CITY APARTMENTS LIMITED company for the freehold.
Aml Fee Please note that an £80 AML fee covers the cost of carrying out the required identity and anti-money laundering checks when an offer has been accepted.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Inner Lobby With solid timber security entrance door and natural oak laminated wood effect floor. Open archway leading to the open plan lounge/diner.
Kitchen/Lounge/Diner Fitted with a range of wall and base units with worksurfaces over, integrated hob with electric oven and grill, integrated stainless steel sink top with twin side drainers, intergated fridge, intergated dishwasher and two large double glazed slash windows to the side elevation.
Utility Area With ample storage space. Bedroom One With a double glazed slash window and a radiator. Bedroom Two With two double glazed slashed windows and a radiator.
Bathroom Fitted with a three piece suite comprising of a bath with mixer tap shower over , w.c and wash hand basin. Radiator. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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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.
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