1-bedroom flat · DE55 4JG
Listing removedReduced £30 (−5%) on 13 JulListed 144 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO DEPOSIT OPTION AVAILABLE, GREATER PROTECTION FOR LANDLORDS *** *** AVAILABLE FROM JUNE 2026 *** Superb converted first floor apartment with all fixtures and fittings.
Close to local amenties and on bus route. Spacious lounge with carpeted flooring.
Excellent fitted open plan kitchen with grey Shaker style fitted units, vinyl flooring, integrated electric oven with hob, space for fridge and plumbing for washing machine.
Double sized bedroom with carpeted viewing. Smart shower room with vinyl flooring, full suite and shower over the bath.
EPC Rating: C Council Tax Band: A Rent excludes tenancy deposit and any other permitted payments A holding deposit of £155.77 based on the advertised rent, is required to reserve the property.
Deposit payable is £778.85 or this property is available with our No Deposit Option. Please contact us for further information or visit our website.
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 Nottingham Road, Somercotes, DE55
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