3-bedroom flat · DE22 3RD
For saleReduced £10k (−7.7%) on 30 JulListed 121 days
Opportunity summary
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About
A well-presented three-bedroom maisonette offering spacious and versatile accommodation throughout, ideally suited to first-time buyers, investors or those looking to enjoy convenient access to Derby City Centre.
Benefiting from uPVC double glazing, gas central heating and a substantial external storage room, this property combines practicality with comfortable modern living.
The accommodation begins with a welcoming entrance hallway with stairs rising to the first-floor living accommodation.
The spacious living room provides an excellent space for both relaxation and entertaining, with ample room for a dining area.
The modern fitted kitchen is well-appointed with a range of wall and base units, integrated cooking appliances and useful storage space.
There are three well-proportioned bedrooms, two of which are generous doubles, whilst the third offers excellent versatility and could equally be utilised as a home office, dressing room or additional reception space.
The bathroom is fitted with a white suite comprising a bath with shower over and wash hand basin, complemented by a separate WC for added convenience.
Externally, the property benefits from a substantial storage room accessed via the pathway near the front entrance.
Offering a wealth of possibilities, this versatile space could be utilised as a gym, workshop, hobby room or simply provide excellent additional storage.
Melandra Court is conveniently positioned within easy reach of a wide range of local amenities including shops, schools and supermarkets.
Excellent transport links provide straightforward access to Derby City Centre, making the property an ideal choice for commuters and those seeking convenient city living.
Hallway A warm and welcoming entrance hallway with a central heating radiator and stairs rising to the first-floor accommodation.
The landing provides additional built-in storage and a further central heating radiator.
Kitchen (3.4m x 3.18m) Fitted with a range of wall and base units incorporating a stainless steel sink and drainer.
There is an integral oven, hob and extractor fan, along with space for further appliances. Benefiting from a uPVC double glazed window and a useful storage cupboard.
Living Room (5.1m x 3.4m) A spacious and well-proportioned living room featuring a uPVC double glazed window and two central heating radiators.
There is ample space for both living and dining furniture, creating an ideal area for relaxing and entertaining.
Bathroom (1.65m x 1.5m) Appointed with a white three-piece suite comprising a bath with shower over and wash hand basin. There is a heated towel rail and a uPVC double glazed window.
Separate WC Conveniently situated adjacent to the bathroom and fitted with a low-level WC.
Bedroom One (4.17m x 2.51m) A generous double bedroom with a uPVC double glazed window and central heating radiator.
Bedroom Two (4.17m x 2.6m) A further double bedroom benefiting from a uPVC double glazed window and central heating radiator.
Bedroom Three (3m x 2.97m) A versatile third bedroom which could alternatively be utilised as a home office, dressing room or additional reception room.
Having a uPVC double glazed window, central heating radiator and useful storage cupboard.
Storage Room (4.14m x 2.06m) The property benefits from a substantial external storage room accessed via the pathway near the front entrance.
Offering excellent versatility, this space could be utilised for storage, a home gym, hobby room or workshop, subject to the purchaser's requirements.
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.
Area
Agent & docs
FAQ
About 15 Melandra Court,, Upper Boundary Road, Derbyshire
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