1-bedroom flat · DE72 3JU
Sold STCListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN Positioned in the heart of the ever-popular village of Borrowash, this well-presented, modern self-contained first floor apartment offers an excellent opportunity for first time buyers and investors alike.
Available for sale with no upward chain, the property combines contemporary living in a highly convenient location.
The thoughtfully arranged accommodation briefly comprises a welcoming entrance hall leading to a spacious open-plan living area, complete with a modern fitted kitchen—ideal for both everyday living and entertaining.
The apartment further benefits from a good sized double bedroom and a fitted shower room.
Situated on Nottingham Road, the property enjoys easy access to a wide range of local amenities, including shops, schools and Borrowash Village Centre.
The picturesque Elvaston Castle Country Park is also close by, while excellent transport links via the A52 provide swift access to both Derby and Nottingham.
An internal inspection is highly recommended to fully appreciate the space, presentation and quality of accommodation on offer.
Entrance Hall 7'11" x 5'1" (2.4m x 1.6m) Kitchen/Living Area 17'5" x 10'6" (5.3m x 3.2m) Bedroom 9'2" x 8'0" (2.8m x 2.4m) Shower Room 8'2" x 4'9" (2.5m x 1.4m) Additional Information The property is held on a 999-year lease with 982 year remaining as of January 2026.
Maintenance Charge & Service Charge Approximately £200.00 per annum. Buyer Information 1. Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers.
The cost is £24 (inc VAT) per person. 2. General: These sales particulars are intended as a general guide only.
If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3. Measurements: All measurements are approximate and provided for guidance only. 4.
Services: Services, equipment, and appliances have not been tested. Buyers should arrange their own surveys or inspections. 5.
These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About Nottingham Road, Borrowash
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