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See how verdicts work2-bedroom flat · DE1 3HE
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Leaders Estate Agents are delighted to present this exceptional investment opportunity – a spacious, high specification top floor apartment, ideally located within walking distance of Derby City Centre and offered to the market with no upward chain.
The property is being sold with a tenant in situ, currently achieving £950 per calendar month, providing an immediate rental income and a gross yield of 6.9%.
Whether you're looking to expand an existing portfolio or acquire your first buy-to-let investment, this property offers a ready-made income from day one.
Accessed via a secure communal entrance with intercom system, the apartment is finished to a high standard throughout.
The welcoming entrance hallway leads to two generously sized double bedrooms, with the principal bedroom benefiting from a contemporary ensuite shower room, while the modern family bathroom is fitted with a stylish three-piece suite.
The standout feature of the property is the impressive open plan living and kitchen area.
Filled with natural light from full height feature glazed windows, this bright and spacious room provides a modern living environment.
The sleek fitted kitchen offers an excellent range of wall and base units, integrated appliances, and ample workspace, creating a practical yet stylish finish.
Externally, residents benefit from secure gated parking with an allocated parking space, together with well-maintained communal grounds.
Situated within easy reach of Derby City Centre, the property enjoys excellent access to shops, restaurants, transport links, major road networks, and local employers, making it a desirable location for tenants and supporting continued rental demand.
Offering immediate rental income, a 6.9% gross yield, a high specification finish and a sought-after city location, this is an excellent opportunity for investors seeking a well-presented, income-producing property.
Viewing is highly recommended to fully appreciate everything this apartment has to offer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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
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FAQ
About 21 Weavers Point,, Lodge Lane, Derbyshire
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