2-bedroom flat · DE23 1TX
Under offerListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright and spacious living room is now available in Derby through Shared Ownership. The property comprises a living room, a kitchen, two bedrooms and a bathroom.
Outside, there is allocated parking and communal gardens. Older Persons Scheme: This property is part of an Older Persons Scheme and is only suitable for purchasers over the age of 55.
The share is preserved at 70% and cannot be increased. Rent is not payable on the remaining share. Available for £61,600 for 70% share based on the marketing figure of £88,000.
Monthly rent - £0 Monthly Service Charge - £164.83 Total Monthly Charge - £164.83 plus mortgage required for 70% share. On certain properties, service charges may be billed in different frequencies.
For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April Location Living in Derby offers a perfect blend of convenience and community spirit.
This vibrant neighbourhood features local parks and schools, making it ideal for families and nature lovers alike.
Residents enjoy easy access to essential amenities, including shops and public transport, which enhances day-to-day living.
With a strong sense of belonging and friendly neighbours, it fosters a welcoming atmosphere.
Such a supportive environment, combined with accessible facilities, makes it an appealing location to call home.
EPC rating Energy rating band - C Environmental impact band - C In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home.
We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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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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 advisers 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 Ticknall Walk, Derby, Derbyshire, DE23
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