2-bedroom flat · DE75 7EX
Listing removedListed 73 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PART-FURNISHED 2 BED APARTMENT, close to Heanor Town Centre. Gas central heating with combi boiler.
Property briefly comprises of ground floor entrance hallway - Steep stairs to flat - stairs leading to first floor landing, kitchen area - equipped with washing machine, oven and hob, a spacious lounge/alternate bedroom space, bathroom with bath and shower cubicle and 2 small double bedrooms.
Close to local shops, bus stops, schools and good transport links to Nottingham and Derby areas.
PART-FURNISHINGS Property is part-furnished, please see below list of items left for tenant use in each room: LOUNGE/BEDROOM: table, 2x chairs, sofa, tv, 2 wardrobes and double bed with mattress.
KITCHEN: 2x stools, washing machine, fridge freezer and electric oven & hob. BEDROOM 1: Tv and drawers. BEDROOM 2: Double bed with mattress, wardrobe and drawers.
Entrance Hall Stairs leading to first floor Lounge / Bedroom Spacious Room, modern decor, grey carpet - with table and chairs, sofa, tv, 2 wardrobes and double bed with mattress.
Kitchen Modern kitchen, beech effect units, black worktops and grey slate flooring, stainless steel sink and breakfast bar with stools.
Kitchen equipped with applicances: washing machine, fridge freezer, electric oven and hob.
Bathroom Modern Bathroom with white wall tiles floor to ceiling, white bath and sink with chrome fittings.
Modern shower enclosesure with glass door and electric shower Bedroom 1 Double bedroom, modern decor, grey carpet with tv and drawers.
Bedroom 2 Double bedroom, modern decor, grey carpet, with double bed, wardrobe and drawers.
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 High Street, Heanor, Derbyshire, DE75
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