2-bedroom flat · DE24 9JZ
Sold STCListed 364 days
Opportunity summary
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About
NO ONWARD CHAIN Offering a fantastic opportunity for the over 55s and available on a 70% shared ownership basis with Metropolitan Housing, this well presented two-bedroom first floor apartment provides the perfect balance of space, comfort and convenience - ideal for those looking to downsize while remaining close to local amenities.
The accommodation comprises: Ground floor entrance hallway with stairs to the first floor landing, which has a built-in storage cupboard.
The spacious lounge/diner provides a comfortable setting to relax or entertain guests, while the fitted kitchen offers both style and practicality.
There are two well-proportioned bedrooms — the main double bedroom featuring fitted wardrobes, and the second bedroom (currently used as a dining room) offering flexible living options.
The property also benefits from a modern shower room, finished to a good standard. Externally, the apartment enjoys an allocated parking space with convenient access to the front entrance.
Residents also have the benefit of a laundry area and beautifully maintained communal gardens, creating a welcoming environment and a sense of community.
Stonyhurst Court is ideally positioned close to a range of local shops, everyday amenities and regular bus routes.
The property is also well placed for Rolls-Royce, Derby City Centre, and offers excellent road links via the A50 and M1, making travel straightforward and convenient.
Ground Floor Entrance Hall 4'5" x 3'8" (1.4m x 1.1m) First Floor Landing 8'7" x 3'8" (2.6m x 1.1m) Lounge/Diner 14'2" x 9'4" (4.3m x 2.8m) Kitchen 10'8" x 6'2" (3.2m x 1.9m) Inner Hall 6'8" x 3'9" (2.0m x 1.1m) Bedroom One 10'10" x 9'8" (3.3m x 3.0m) Bedroom Two/Dining Room 9'8" x 5'9" (3.0m x 1.8m) Shower Room 6'7" x 5'4" (2.0m x 1.6m) Additional Information The property is leasehold with 95 years remaining as of October 2025 Annual Service Charge: Approximately £1,140.00 (approx.
£95.00 per month) No Ground Rent 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
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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.
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