2-bedroom flat · DE24 1AP
Listing removedListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** to be sold with tenants in situ *** Situated within the popular City Point development in Derby, this well-presented top floor apartment offers spacious accommodation throughout.
The property comprises two well proportioned bedrooms, a family bathroom, and a bright open plan kitchen/diner, creating a comfortable and practical living space.
Further benefits include an allocated parking space, secure communal access, and the added advantage of being positioned on the top floor, offering increased privacy and attractive views.
The property is being sold with tenants in situ, making it an excellent investment opportunity for landlords seeking an income-generating asset from day one.
Conveniently located close to local amenities, and transport links, City Point remains a popular residential development with strong rental appeal.
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
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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.
Area
Agent & docs
FAQ
About 70, Coral Close, Derbyshire
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