1-bedroom flat · DE22 3NL
Listing removedReduced £75 (−14.3%) on 24 JunListed 192 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Zero deposit Benefits accepted with guarantor studio flat new kitchen and new carpets throughout close to royal derby hospital and derby city centre Homelet are delighted to bring to market this newly refurbished one bedroom studio flat situated in the highly popular location of Derby.
New carpets throughout and new kitchen. Spacious living area. Close to all local amenities with the city centre a 10 minute walk away and the Royal Derby hospital a 10 minute walk away.
Viewing is essential. Sorry no pets, no bills included and no parking. Council Tax Band: A Holding Deposit: £126.92 Lounge Neutral decor, carpet, uPVC double glazed window, feautre fire place.
Kitchen Neutral decor, wood flooring, range of wall and base units with matching work surfaces. Bedroom 1 Neutral decor, carpet, built in wardrobes, uPVC double glazed window.
Shower Neutral decor and flooring, White suite comprising of shower cubical, WC and pedestal hand basin Directions Directions from derby cit centre: 1. Head southwest on St.
James's St toward The Strand 177 ft 2. Continue onto Wardwick 0.1 mi 3. Continue onto Friar Gate 0.3 mi 4. Turn right onto Bridge St/A52 315 ft 5. Turn right onto Agard St/A52 0.2 mi 6.
Turn right onto Ford St/A601Continue to follow A601 0.1 mi 7.
Continue onto Stafford St/A516Continue to follow A516Go through 1 roundaboutDestination will be on the left Please Note We endeavour to make our property particulars accurateand reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective renters only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Summary
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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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
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About 67D Uttoxeter New Road, Derbyshire
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