3-bedroom flat · DE1 3BX
Listing removedReduced £10k (−8.3%) on 11 JulListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary No onward chain - a fantastic opportunity to purchase a three bedroom maisonette in the heart of Derby City Centre.
Description Ashley Adams are delighted to bring to market this well presented, three bedroom maisonette in the heart of Derby City Centre.
The property is ideally located down a quiet no through road, with city centre views and being close to local amenities.
The accommodation in brief comprises of; entrance hall, kitchen, lounge/dining room, three bedrooms, family bathroom and separate toilet.
The current vendor has extended the lease to 166 years, making this a perfect opportunity for first time buyers, landlords, or those looking for a spacious lock-up-and-leave in the heart of Derby.
Duke Street is well located close to local amenities, including shops, leisure centres, eateries, schools of all levels, public transport and being well connected by road and rail.
With residents parking and just a few minutes walk to the centre of the city, viewing is highly recommended to appreciate this gem of a property.
Entrance Hall Accessed via a secure communal entrance and having internal doors to the kitchen and lounge/dining room with stairs rising to the first floor. Radiator.
Kitchen Having a range of wall and base units with countertops over. Space and plumbing for all white goods. Double glazed UPVC window to the front elevation. Radiator.
Lounge / Dining Room Double glazed UPVC windows to the rear elevation. Radiator. Bedroom One Built in storage cupboard. Double glazed UPVC window to the front elevation. Radiator.
Bedroom Two Double glazed UPVC window to the rear elevation. Radiator. Bedroom Three Double glazed UPVC window to the rear elevation. Radiator. Bathroom Having bath with shower over and hand basin.
Double glazed UPVC window to the front elevation. Radiator. W.C. Having W.C.. Double glazed UPVC window to the front elevation. Lease details are currently being compiled.
For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 42, Duke Street, Derby
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