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See how verdicts work1-bedroom flat · DE22 4BJ
Sold STCReduced £10k (−10%) on 26 OctListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this well-presented first floor flat, ideally positioned in a highly sought-after location, particularly popular with commuters.
The property benefits from excellent access to the A38 and other major road networks, as well as being conveniently located for the Royal Derby Hospital, making it an ideal purchase for professionals, first-time buyers or investors alike.
The accommodation is thoughtfully laid out and, in brief, comprises an entrance hall providing access to all rooms and featuring two useful built-in storage cupboards, offering excellent practical space rarely found in similar properties.
The lounge diner is a bright and versatile living area with ample room for both seating and dining furniture, creating a comfortable space to relax or entertain.
Connected to this is the fitted kitchen, which offers a range of wall and base units with work surfaces over, inset sink and drainer, and space for appliances, providing a functional and well-arranged cooking environment.
A dedicated study area adds further flexibility to the layout, ideal for those working from home or in need of additional storage or hobby space.
The main bedroom is a well-proportioned double room offering comfortable accommodation, while the bathroom is fitted with a three-piece suite comprising a bath with shower over, wash hand basin and low-level WC.
Offering well-balanced accommodation in a convenient and desirable location, this first floor flat presents an excellent opportunity for buyers seeking accessibility, practicality and comfortable living.
Early viewing is highly recommended. Entrance Hall Accessed via the double glazed front entrance door having stairs leading to the first floor.
Landing Having two built in storage cupboards and doors leading to: Lounge 14'7" x 10'4" (4.46m x 3.15m) Having a double glazed window and door leading to: Kitchen 10'5" x 7'5" (3.18m x 2.28m) Having a range of wall and base units incorporating rolled edge work surfaces having an inset sink, radiator and double glazed window.
The gas central heating boiler is housed here. Bedroom One 13'11" x 9'9" (4.25m x 2.98m) Having a radiator and double glazed window.
Bathroom 7'9" x 5'6" (2.37m x 1.68m) Having a panelled bath with shower over, WC, pedestal wash hand basin, double glazed window and tiling to the walls.
Storage/Study 7'9" x 3'5" (2.38m x 1.06m) Having a double glazed window. Lease Information We understand the lease is 125 years from 7 May 2001.
£92.00 a month including insurance and ground rent. Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
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FAQ
About Pimlico, Brentford Drive, Derby
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