1-bedroom flat · DE1 1NU
To rentReduced £20 (−2.5%) on 13 OctListed 99 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Executive one bed aparment on friar gate. City centre location with allocated parking spot and modern decor.
Beautiful one bedroom apartment located in the Norman House development in the centre of Derby on Friar Gate.
The apartments Norman House have to offer are located right on the doorstep of Derby's Friar Gate area with several bars, restaurants and shops within walking distance.
The open plan kitchen consists of white gloss units, integrated oven, hob with overhead extractor fan, integrated under counter fridge with freezer box and plenty of cupboard space.
Off the kitchen is an open plan living area with large windows overlooking the city of Derby. The double bedroom boasts plenty of space, with wall to wall neutral carpets.
The white suite bathroom includes bath with overhead shower, towel radiator and low level W.C and wash basin. Norman House also features lift access to all floors.
These apartments epitomise modern living and will suit working professionals needing access links all over the city. There is one allocated parking space per apartment.
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 Apartment 404, Norman House, Derby
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