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See how verdicts work2-bedroom flat · DE21 4TR
Sold STCListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Leaders are delighted to bring to the market this spacious two double bedroom first-floor apartment, with recently replaced full kitchen and carpets, situated within the highly popular Magnus Court development in the sought-after area of Chester Green, Derby.
The property offers well-proportioned accommodation throughout and would make an ideal purchase for a first-time buyer, professional couple or buy-to-let investor.
Upon entering, you are welcomed into a generous hallway with a useful large storage cupboard.
The hallway leads into a bright and airy open-plan lounge/diner and kitchen, creating a welcoming space for both relaxing and entertaining.
The room benefits from plenty of natural light through the windows, along with a sheltered balcony overlooking a green.
The kitchen is fitted with a recently replaced range of wall, base and drawer units, complemented by an integrated oven and hob, with additional space for other appliances.
There are two well-sized double bedrooms located off the hallway, both benefiting from recently replaced carpets.
The property is further complemented by a modern family bathroom fitted with a white three-piece suite.
Further benefits include gas central heating, UPVC double glazing and allocated off-road parking, adding to the comfort and convenience of this appealing apartment.
Magnus Court is a highly sought-after residential development, conveniently positioned within easy reach of Derby city centre and a short stroll from the popular Darley Park and Darley Fields.
The area offers excellent opportunities for outdoor recreation, with picturesque riverside walks and green open spaces close by.
With its generous accommodation, two double bedrooms, recently replaced kitchen and carpets, allocated parking and desirable Chester Green location, this property represents an excellent opportunity for both owner-occupiers and investors alike.
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
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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
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FAQ
About Magnus Court, Derbyshire
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