1-bedroom flat · DE1 3EX
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a small, secure and well-maintained development, this spacious one-bedroom apartment offers light-filled, open-plan living, a private garage and allocated parking, making it an ideal first-time purchase, investment or convenient city home.
The apartment is accessed via a secure communal entrance with intercom system, leading into a welcoming entrance hallway.
The generous open-plan living and dining area is flooded with natural light from full-height windows, creating a bright and inviting space with an attractive open outlook.
The layout flows seamlessly into the spacious bedroom, which benefits from fitted wardrobes, enhancing both practicality and storage.
The separate fitted kitchen is well-equipped with a range of wall and base units, full-height tiled walls and open shelving.
There is an integrated oven with ceramic hob and extractor hood above, a stainless steel one-and-a-half bowl sink with mixer tap positioned beneath a double-glazed window, together with space and plumbing for a washing machine.
The bathroom is finished with full-height tiling and comprises a panelled bath with mixer tap and handheld shower attachment, a freestanding wash hand basin, low-level WC, extractor fan and an obscure double-glazed window.
Externally, residents enjoy attractive communal gardens, together with the added benefit of private parking and a garage located within a nearby block.
Ideally positioned just off Chevin Road, the property enjoys excellent access to Duffield Road and is within easy walking distance of Derby city centre, offering a wide range of shops, restaurants, cafés and everyday amenities, along with excellent transport links.
Location Located just off Chevin Road, this property enjoys a convenient position within easy walking distance of Derby city centre.
A wide range of shops, cafés, restaurants, leisure facilities and everyday amenities are all close by, while excellent transport links provide easy access to Derby Railway Station, the A38, A52 and M1, making it ideal for commuters.
Nearby green spaces, including the picturesque Darley Park and the banks of the River Derwent, offer excellent opportunities for walking and outdoor recreation. Tenure: Share of Freehold.
The property is held on a share of the freehold and forms part of a professionally managed development. The building and communal areas are managed by Stuart Smith Management.
Prospective purchasers are advised to verify all tenure information, service charges and management arrangements through their legal representative. Disclaimer 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Derbyshire Properties have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Derbyshire Properties have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Chevin Road, Derby, DE1
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