1-bedroom flat · DE22 2LF
Listing removedListed 103 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Derby, above a parade of commercial premises, this is a beautifully presented one bedroom flat which benefits from gas central heating and double glazing.
Internally the accommodation is accessed through a communal entrance door and stairs lead to the main door of the property.
The flat boasts an entrance hall, lounge and open plan access to a kitchen with recently installed integrated appliances and utility space. There is one good sized bedroom and bathroom.
Outside there is on street parking. Blenheim Drive is a much sought after residential location in the heart of Allestree.
The property is a short walk from a range of facilities including shops, schools and medical provision.
The property is perfectly located for ease of access to Woodlands School and a short bus journey/drive to the vibrant city centre of Derby with its wealth of bars, restaurants and the Derbion shopping centre.
This property is well located for ease of access to the A38 giving onward travel to the A50, A52 and M1 corridor. Viewing highly recommended.
Accommodation - Entering the property through communal entrance doors with staircase leading to the main door of the property.
Entering the property into: Entrance Hall - With access to loft, coat hanging space and radiator.
Bathroom - 2.11m x 1.65m (6'11" x 5'5") - With low level WC, pedestal wash hand basin and bath with shower over the bath and complementary tiling.
Lounge - 3.38m x 3.84m (11'1" x 12'7") - With double glazed window and radiator.
Kitchen - 3.10m x 2.18m (10'2" x 7'2") - With a range of work surface/preparation areas, wall and base cupboards, integrated oven, hob and extractor.
The kitchen has a sink unit with drainer and there is a double glazed window, space for a small breakfast table, space for a washing machine and boiler providing domestic hot water and central heating.
Bedroom One - 3.07m x 3.81m (10'1" x 12'6") - With double glazed window and radiator. Outside - Outside the property benefits from on street parking.
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 Blenheim Drive, Allestree., Derby
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