2-bedroom flat · DE72 3XE
Listing removedListed 208 days
Opportunity summary
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About
Located on cowslip meadow in derby, this two-bedroom first-floor apartment offers approximately 731 sq ft of well-presented accommodation - The property benefits from new carpets, a bright and spacious layout, and well-proportioned bedrooms, making it ideal for first-time buyers, couples or small families.
Offered with no onward chain, the apartment is conveniently positioned for local amenities, schools and transport links.
A well presented two bedroom first floor apartment, offering approximately 731 sq ft of accommodation and being one of the larger and most desirable layouts on the development.
Robert Ellis are pleased to bring to the market this spacious first floor apartment which has been recently decorated throughout and fitted with new carpets, making it ready to move straight into.
The property offers well proportioned accommodation and would be ideal for a first time buyer or investor.
The accommodation comprises a generous open plan lounge and kitchen area, two bedrooms with the master benefitting from an en-suite, along with a separate bathroom.
Externally, the property benefits from an allocated parking space and is positioned within a popular residential development.
Being offered to the market with no onward chain, this is an excellent opportunity for a straightforward purchase.
An internal viewing is highly recommended to fully appreciate the size, layout and condition of this apartment.
Draycott has a number of local shops with more shops being found at Breaston and Borrowash where there are Co-op stores and at Long Eaton where there are Asda, Testo, Lidl and Aldi stores as well as many other retail outlets, there are healthcare and sports facilities, walks in the surrounding picturesque countryside and the transport links include J25 of the M1, East Midlands Airport, stations at Long Eaton, Derby and East Midlands Parkway and the A52 and other main roads provide good access to Nottingham, Derby and other East Midlands towns and cities.
Communal Entrance Door to the front, stairs to the first floor and door to: Entrance Hall Dimplex storage heater, storage cupboard and doors to: Lounge (3.89m x 3.68m approx (12'9 x 12'1 approx)) Two double glazed windows to the front, Dimplex storage heater, Juliette balcony with double glazed French doors to the front and double glazed windows wither side, TV point.
Kitchen (1.96m x 3.40m approx (6'5 x 11'2 approx)) Double glazed window to the rear, range of matching wall and base units with roll edged work surfaces over, integrated electric oven, four ring electric hob and extractor over, stainless steel sink and drainer, space for a fridge freezer, integrated washing machine, part tiled walls.
Bedroom 1 (3.58m x 2.59m plus recess approx (11'9 x 8'6 plus) Double glazed window to the front, Dimplex storage heater.
Door to: En-Suite Low flush w.c., pedestal wash hand basin, single shower cubicle with mains fed shower, linoleum flooring and extractor fan.
Bedroom 2 Double glazed window to the rear, Dimplex storage heater.
Bathroom (2.08m x 1.70m approx (6'10 x 5'7 approx)) Chrome heated towel rail, low flush w.c., pedestal wash hand basin, panelled bath, linoleum flooring, extractor fan, part tiled walls, double glazed window to the side, shaver point.
Outside To the rear of the property there is an allocated parking space, communal entrance door with an intercom system.
Directions Proceed out of Long Eaton along Derby Road and at the traffic island continue straight over and through Breaston into Draycott. Turn right onto Town End Road and left onto Cowslip Meadow.
9202CO Agents Notes The property is leasehold with a 155 year lease from 1.11.05 Council Tax Erewash Borough Council Band B Additional Information Electricity – Mains supply Water – Mains supply Heating – Electric Septic Tank – No Broadband – BT, Sky, Virgin Broadband Speed - Standard 21mbps Superfast 80mbps Ultrafast 1mbps Phone Signal – EE, 02, Three, Vodafone Sewage – Mains supply Flood Risk – No flooding in the past 5 years Flood Defenses – No Non-Standard Construction – No Any Legal Restrictions – No Other Material Issues – No
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About 104, Cowslip Meadow, Derbyshire
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