2-bedroom flat · DE56 1SG
For saleReduced £5k (−2.9%) on 10 SepListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- new to the market - well presented first floor two double bedroom flat located with in walking distance to belper town centre with open plan living/kitchen/diner, bathroom suite, ensuite to master and an allocated parking space- Smartmove Homes are delighted to bring to the market this excellent property in Belper briefly comprising of an entrance hallway, two double bedrooms, ensuite to master, bathroom suite and an open plan living/kitchen/diner.
Outside there is an allocated parking space. To book a viewing please contact Smartmove Homes as soon as possible.
- new to the market - first floor two double bedroom flat located with in walking distance to belper town centre with open plan living/kitchen/diner, bathroom suite, ensuite to master and an allocated parking space- Smartmove Homes are delighted to bring to the market this excellent property in Belper briefly comprising of an entrance hallway, two double bedrooms, ensuite to master, bathroom suite and an open plan living/kitchen/diner.
Outside there is an allocated parking space. To book a viewing please contact Smartmove Homes as soon as possible.
First floor flat entrance hallway Wide entrance hallway with a door which provides access to the communal landing, wall mounted electric heater and two storage cupboards.
Open plan lounge/kitchen/diner Fitted kitchen with matching wall and base units, work surface with stainless steel 1 1/2 sink and drainer, breakfast bar with seating for two, electric hob with extractor fan over, built in electric oven, integrated fridge freezer and space and plumbing for a washing machine and dishwasher.
Spacious light filled room with two windows to the side elevation and three electric wall mounted heaters.
Master bedroom Double bedroom with window to the side elevation, wall mounted electric heater and access to the ensuite.
Ensuite Modern three piece shower suite comprising of a corner shower cubicle with mains fed shower over, WC and pedestal wash basin.
Heated towel rail, tiled floor, tiled splash back, LED lighting and extractor fan. Bedroom two Double bedroom with window to the side elevation and wall mounted electric heater.
Bathroom Modern three piece bathroom suite comprising of a fitted bath with mains fed shower over, WC and pedestal wash basin.
Obscure window to the side elevation, tiled splash backs, heated towel rail, tiled floor, LED lighting and extractor fan. Outside off road parking Allocated parking space for one vehicle.
Other information EPC -D Council Tax Band - C Tenure- Leasehold Management fee and Ground rent- £120 pcm all electric heating system
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 4, Pennine Place, Belper
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