3-bedroom property · DE1 2DL
Listing removedListed 665 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This highly sought after property is suitable for: 1.Families/Residents: Ideal for those seeking a stylish, low-maintenance home in a high-demand, vibrant community close to schools, parks and city amenities.
2.Investors: Ready-made investment opportunity with tenants in situ, generating £1,200 description The property is located on the sought after Nightingale Quarter development and the accommodation in brief comprises a open plan living space, ground floor wc, three good size first floor bedrooms and bathroom.
Outside is front drive parking space and an enclosed rear garden.
This highly sought after property is suitable for: 1.Families/Residents: Ideal for those seeking a stylish, low-maintenance home in a high-demand, vibrant community close to schools, parks and city amenities.
2.Investors: Ready-made investment opportunity with tenants in situ, generating £1,200 pcm rental income.
The property is located on the sought after Nightingale Quarter development and the accommodation in brief comprises a open plan living space, ground floor wc, three good size first floor bedrooms and bathroom.
Outside is front drive parking space and an enclosed rear garden. The development is well placed for access to Derby Train Station, City Centre, and major road links.
Key features: On-site Restaurant 'The Pepperpot' serves breakfast, lunch & dinner 7 days a week.
Intu Shopping Centre - 1 min Walk Derby City Centre- 5 min Walk Derby Train Station - 5 min Walk Derby County fc - 20 min Walk University of Derby - 10 min Drive East Midlands Airport - 29 min Drive Peak District National Park- 30 min Drive About the home: -Open-plan living/dining area -Modern kitchen -Convenient Ground Floor WC.
-Three generously sized bedrooms and a contemporary family bathroom.
-Upstairs Main Bathroom and WC -Enclosed rear garden -Designated parking spot Viewing Highly Recommended - A perfect blend of modern living and convenience with easy access to major road links and transport hubs.
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
Agent & docs
FAQ
About 19, Erasmus Drive, Derby
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