Studio flat · DE22 3HX
Listing removedReduced £35 (−4.2%) on 22 SepListed 228 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introducing a brand new, high-spec professional house share perfectly positioned within walking distance of the Royal Derby Hospital and just minutes from Derby city centre.
This exceptional 8 bed flat offers a 7 self-contained studio rooms with private cooking facilities and 1-ensuite room.
Ideal for professionals seeking modern, independent living with the benefit of a well-connected location. All bills inclusive (Water, Electricity, Council Tax & Super-Fast Wi-Fi).
Please note the indicated prices are currently set to single occupancy rates, enquire with agent for dual occupancy details.
Set in the near the Kingsway area, it's just a 5-minute walk to the Kingsway Retail Park including large supermarket, coffee shops, and pub.
With bus stops just outside, the rest of Derby is just as easy to access.
Ideally located within 10-minute walk to Royal Derby Hospital, which has buses connecting to Florence Nightingale Community Hospital and Queens Burton Hospital.
Perfect for NHS staff and working professionals seeking modern, low-maintenance living.
Studio Rooms Features: - Spacious, fully furnished double bedrooms - Private modern en-suite shower rooms - Comfortable orthopaedic beds with under bed storage - Wardrobes + chest of drawers - Working desk and chair - ideal for shift workers or remote working - 32-inch Smart TV - Fully fitted kitchenette with mixer tap and sink - 2-ring ceramic hob - Electric fan oven - Fridge with freezer section - Kettle & 2 slice toaster - Access to a large contemporary shared kitchen with laundry facilities Additional Benefits - Secure Parking available (subject to availability) - Excellent transport links to Derby City Centre - Close to supermarkets, shops and local amenities Early viewing is strongly recommended.
Contact Derby Lettings today to arrange a viewing.
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 386, Uttoxeter New Road
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