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See how verdicts work1-bedroom flat · DE22 2UZ
Listing removedReduced £1.5k (−2.4%) on 25 JunListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A fantastic opportunity to step onto the property ladder with this modern, beautifully presented one-bedroom first-floor apartment, offered on a 50% shared ownership basis.
Situated in the highly sought-after location of Allestree. Description Presenting an exceptional opportunity for first-time buyers to secure a stylish home in the heart of Allestree.
Offered for sale on a 50% shared ownership basis, the accommodation is located on the first floor and features gas central heating and double glazing throughout.
Access is gained via a secure communal entrance system, leading to a private entrance hallway with built-in storage.
The heart of the home is the impressive kitchen, providing a versatile space for cooking. The kitchen area is fitted with contemporary units and integrated cooking appliances.
The generous double bedroom offers a bright and tranquil space with ample room for wardrobes and additional furniture.
Serving the apartment is a modern three-piece bathroom suite finished with clean, contemporary tiling.
Externally, the property sits within well-kept communal grounds and benefits from a residents car park. Communal Entrance Secure intercom entry system.
Private Entrance Hallway Front entrance door leading into a welcoming hallway. Features a wall-mounted intercom handset, central heating radiator, and a useful built-in storage cupboard.
Kitchen Fitted with a modern range of wall and base units with contrasting work surfaces over. Inset stainless steel sink and drainer unit.
Integrated electric oven with a gas hob and extractor hood over.
Living Room Features a large double-glazed window filling the room with natural light, television point, telephone point, and a central heating radiator.
Bedroom A generous and well-proportioned double bedroom with a double-glazed window to the rear elevation, central heating radiator, and plenty of space for a king-sized bed and freestanding wardrobes.
Bathroom Fitted with a modern white three-piece suite comprising a paneled bath with a wall-mounted shower over and glass screen, pedestal wash hand basin, and a low-level WC.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Flat 36, Lambourn Court, Lambourn Drive, Derby
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