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See how verdicts work1-bedroom flat · DE3 0XL
Sold STCListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented retirement apartment - A comprehensively improved and tastefully decorated ground-floor apartment is situated in a highly sought-after residential area, close to the heart of Mickleover.
Offered for sale with immediate vacant possession and no onward chain, Recently redecorated, the apartment comprises an entrance hall, a delightful lounge/dining room featuring a decorative fireplace surround and a box bay window, a well-equipped refitted kitchen, a generously sized bedroom with built-in wardrobes, and a modern refitted shower room.
The Dovedales is a development of 30 apartments for the over-55s, with an on-site resident manager, and benefits from well-maintained communal gardens, along with residents’ and visitors’ parking.
The Detail Entered via a communal entrance hall with intercom and key fob entry. The apartment is located on the ground floor at the front right hand side of the development.
The property opens into a reception hall with an entrance door, security intercom system, slimline electric panel heater, and a full-height airing cupboard.
The main living space is a stylish living dining room and this features a freestanding modern surround with an electric coal-effect living flame fire, along with an electric storage heater, TV connection point, and a double-glazed box bay window to the front aspect.
An open plan archway leads through to the kitchen.
The kitchen is fitted with a range of white wall, base and drawer units with chrome handles and black granite-effect laminated roll-edge work surfaces.
There is a sink with side drainer, complemented by ceramic tiled splashbacks and a contrasting tiled floor.
Additional features include space for an electric cooker with cooker included in the sale and plumbing for an automatic washing machine, a ceiling extractor fan, wall-mounted electric fan heater, and a double-glazed window to the side aspect.
The bedroom is fitted with a range of quality furniture, including two double wardrobes, a corner dressing table unit with open display shelving, a fitted window seat, bedside cabinets with drawers, a laundry unit, and chest of drawers.
Further features include an electric storage heater, television connection point, and double-glazed window to the front aspect.
The well appointed shower room features a modern three-piece suite comprising a low-level wc, pedestal wash hand basin, and a double walk-in tiled shower cubicle with glass screen and electric shower over.
The room is finished with complementary tiled walls, a wall-mounted electric fan heater, wall light, shaver point, and ceiling extractor fan.
Outside, the property stands within well-maintained communal gardens, with a block-paved forecourt to the front providing communal parking.
The Location Centrally located in Mickleover, Derby, this property enjoys close proximity to a wealth of local amenities, making it an ideal place to live.
The nearby Mickleover Shopping Precinct offers everything residents need, including a Tesco Supermarket, Boots Pharmacy and Sainsbury's Local.
Dining options are plentiful, with 'The Binary' boasting an inviting atmosphere and 'Hole in The Wall' offering an impressive selection of craft beers.
M&S food provides a delightful array of high-quality, ready-to-eat meals and snacks for those in a hurry.
Coffee lovers will appreciate Java, a cozy café perfect for a quick espresso or a leisurely cappuccino, and The Alphabet, a charming spot known for its specialty coffees and relaxed ambiance, doubling as a delightful gift shop.
With excellent transport connections via the A516 and A38, residents can easily explore Derby and neighbouring cities.
Whether running errands, enjoying leisure activities, or relaxing at home, Mickleover offers a vibrant and convenient lifestyle.
Aml Verification In accordance with UK Anti-Money Laundering Regulations, all buyers will be required to complete an identity verification check when an offer is accepted.
A fee of £25 + VAT per purchaser is payable.
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.
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FAQ
About 1 The Dovedales, Park Road, Derby
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