2-bedroom flat · DE22 1JN
Listing removedListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Immediately – A well presented, fully furnished (can be unfurnished) ground floor apartment in located in the ever popular area of Allestree, just a few minutes from Derby City Centre and offering excellent access to the A38 and beyond.
Situated within a modern, secure development with a video entry system, the apartment is ideal for those looking for spacious, high quality accommodation in a convenient location.
Inside, you'll find a bright and welcoming openplan living space with comfortable furnishings, including a sofa and dining table, alongside a contemporary fitted kitchen complete with a fridge/freezer, integrated dishwasher and washer/dryer.
There are two generously sized double bedrooms, both furnished with double beds.
The main bedroom also benefits from built in wardrobes and its own en suite shower room, while the second bedroom is served by a bathroom fitted with a white suite and bath with shower attachment.
With its excellent location, secure setting and quality furnishings throughout, this apartment offers comfortable, low maintenance living within easy reach of Derby City Centre, local amenities and major transport links.
Available Fully Or Unfurnished.
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 Ground Floor Apartment, Drum Close, Allestree
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