2-bedroom flat · DE7 5BW
Let agreedListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern third floor apartment on a modern development worthy of an internal inspection.
The accommodation comprises : Communal hallway, entrance lobby, entrance hall, lounge, fully fitted kitchen with appliances, two bedrooms, fitted bathroom.
Communal lawned gardens and allocated parking space. Entrance Lobby (4' 7" x 3' 0" (1.4m x 0.91m)) Door into communal hallway and door to.
Entrance Hall Radiator, built in airing cupboard, intercom system and doors to. Lounge (14' 11" x 11' 2" (4.55m x 3.4m)) Two UPVC double glazed windows to rear aspect, radiator, T.V.
Point, telephone point. Kitchen (8' 11" x 8' 9" (2.72m x 2.67m)) Range of modern fitted base and eye level kitchen units with roll top work surfaces and tiled splash areas.
Four ring gas hob set into work surface with overhead extractor hood and fitted oven below, automatic washer / dryer.
Single drainer sink unit, ceramic tiled floor, UPVC double glazed window to rear aspect. Bedroom One (11' 5" x 8' 11" (3.48m x 2.72m)) UPVC Double glazed window to front aspect, radiator.
Bedroom Two (9' 5" x 7' 6" (2.87m x 2.29m)) UPVC double glazed window, radiator.
Bathroom (8' 10" x 5' 2" (2.69m x 1.57m)) Panel bath with fitted shower over, pedestal hand wash basin, low flush W.C., tiled splash areas.
Radiator, exterior extractor fan, UPVC double glazed obscure window to front aspect. Outside Communal gardens and an allocated off road parking space.
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
FAQ
About 59, Palmerston Road, Derbyshire
Explore nearby
.png){kind=logo}
