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See how verdicts work2-bedroom flat · DE24 1AP
For saleListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented ground floor, two-bedroom apartment, ideally situated within the highly sought-after City Point development on the outskirts of Pride Park.
Perfectly suited to first-time buyers, buy-to-let investors, or those requiring easy, level access, this superb home offers both comfort and convenience.
The property benefits from excellent transport links to Pride Park and Derby City Centre, and features gas central heating via a brand new combination boiler, double glazing throughout, allocated parking, and a secure entry system.
Internally, the apartment has been thoughtfully maintained and upgraded.
The accommodation comprises a welcoming entrance hallway leading to a spacious open-plan living area, seamlessly connecting to a modern fitted kitchen complete with integrated oven, hob, washing machine, and dishwasher.
There are two generous double bedrooms and a stylish bathroom fitted with a contemporary four-piece suite. Externally, the property enjoys the added benefit of an allocated parking space.
Coral Close is ideally located within the City Point development, just a short distance from Pride Park. Alvaston Park is only a few minutes’ walk away, offering scenic walks, a lake, and a café.
The property is also conveniently positioned for access to a wide range of local amenities, including supermarkets, restaurants, Derby City Centre, Ascot Drive, and major employers such as Rolls-Royce and Bombardier.
Early viewing is highly recommended to fully appreciate the quality and location of this fantastic apartment. There is a monthly service charge payable of £161.20.
Hallway 15'2" x 3'9" (4.6m x 1.1m) Open Plan Kitchen/Living Room 11'10" x 22'5" (3.6m x 6.8m) Bedroom 1 10'10" x 11'7" (3.3m x 3.5m) Bedroom 2 6'7" x 9'4" (2.0m x 2.8m) Bathroom 6'8" x 8'3" (2.0m x 2.5m) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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

FAQ
About Coral Close, City Point
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