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See how verdicts work2-bedroom flat · DE23 6DD
Sold STCListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property located in Property and location Offered for sale with no upward chain is this very spacious second floor flat.
Accessed via a secure communal entrance in a purpose built block, the apartment comprises a large open plan living space, kitchen, two double bedrooms, bathroom and ensuite, as well as plentiful storage and allocated parking.
Garden Lodge Close is situated between St Albans Road and Burton Road, and within close proximity to Derby City Centre, which has a vast array of local amenities, such as restaurants and shops.
The property is ideally located, within easy reach of the Royal Derby Hospital, and provides easy access to major commuter links such as A52 and A38, as well as transport links from Derby Bus Station, and Derby Railway Station.
Entrance With access into the property the entrance is open plan into the living room.
Living room 16' 2" x 12' 2" (4.93m x 3.71m) The living room is a great space, the balcony is situated to the rear of the property offering excellent views.
Kitchen 11' 0" x 7' 5" (3.35m x 2.26m) Fitted with a range of matching wall with base units incorporating sink with drainer, oven hob and hood.
Bedroom one 13' 3" x 10' 5" (4.04m x 3.18m) A double bedroom with window to rear elevation and access into the en-suite.
Ensuite Fitted with a three piece suite comprising of low level w.c, wash hand basin and shower cubicle.
Bedroom two 10' 11" x 7' 2" (3.33m x 2.18m) An L shaped room offering space for a bed and also a dressing area.
Bathroom Fitted with a three piece suite comprising of low level w.c, wash hand basin and bath with shower over. Balcony With extensive views.
N.B A non-refundable compliance fee for all buyers or donors of monies will be required. This fee will be £32.40 per person (inclusive of VAT).
These funds will be required to be paid on the acceptance of an offer and prior to the release of the memorandum of sale.
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
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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 13, Garden Lodge Close, Derby, United Kingdom
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