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See how verdicts work2-bedroom flat · DE21 7SX
Sold STCListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to acquire a well-appointed, ground-floor two-bedroom apartment in the sought-after Peckerdale Gardens, Spondon.
Presented in good condition throughout and offered with no upward chain, this property provides comfortable and stylish living in a convenient location — ideal for first-time buyers, professionals, or investors.
The property comprises; A welcoming entrance hallway with generous storage space, a spacious open-plan lounge/kitchen/diner, a modern family bathroom with a bath and overhead shower, and two well-proportioned bedrooms, including a master bedroom with en-suite shower room.
Outside is an allocated parking space.
Peckerdale Gardens is conveniently located close to local amenities, shops and schools as well as having excellent road links with the A38 and A52 road networks, leading to the M1 motorway and East Midlands Airport.
The property is also close to local walks leading along the side of the river Derwent towards Elvaston Castle Country Park.
Entrance Hallway 14'5" x 3'2" (4.4m x 1.0m) Open Plan Living/Dining/Kitchen 20'0" x 14'6" (6.1m x 4.4m) Bathroom 7'0" x 6'0" (2.1m x 1.8m) Bedroom One 15'1" x 9'8" (4.6m x 3.0m) En-Suite Shower Room 4'9" x 5'2" (1.5m x 1.6m) Bedroom Two 10'9" x 8'10" (3.3m x 2.7m) Outside The accommodation has the benefit of an allocated parking space.
Leasehold Information We understand that the property is held on a 155 year lease 1st January 2005 with 134 years remaining Annual Ground Rent & Service Charge: £1200.00 and £426.00 (All details to be verified by your legal advisor) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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.
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FAQ
About Peckerdale Gardens, Spondon
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