1-bedroom flat · DE75 7EB
Listing removedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUPER CUTE GROUND FLOOR APARTMENT TO RENT IN GATED GROUNDS & PRIVATE CAR PARK - 1 BEDROOM. Well presented throughout, perfect for single person or couple.
Short walk to Heanor Town Centre and local amentities, bus stops and Langley Mill Train Station. Good access roads to Nottingham/Derby areas, A610, A38, M!
Entrance Hall Offering storage and space for tumble dryer.
Living Room 14' 6" x 15' 8" (4.42m x 4.78m) Large room with UPVC double glazed bay window to the front of the property, discreet cupboard housing a recently replaced combi boiler, fitted carpets and radiator.
Kitchen 6' 6" x 6' 9" (1.98m x 2.06m) With range of beech effect kitchen units and drawers, fitted worktops with single stainless steel sink, mixer tap and drainer. Decorative tiles to walls.
Fitted oven and hob with extractor fan over. Integrated washing machine and space for fridge/freezer. Radiator. Vinyl floor covering.
The Fridge/ Freezer and Dryer gifted to tenant in the let Bedroom 14' 5" x 12' 2" (4.39m x 3.71m) Large double bedroom, with storage cupboard, UPVC double glazed window, fitted carpets and large radiator.
Bathroom Comprising three piece suite incorporating panelled bath with overhead shower, glass shower screen, single pedestal sink, w.c., vinyl flooring and radiator.
Outside To the front of the property is a secure wrought iron fence with metal gate providing access from the road to the front forecourt which is block paved.
To the rear of the property there is a secure communal car park which is accessed through an electrically operated gate.
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.
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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 Mundy Street, Heanor, Derbyshire, DE75
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