1-bedroom terraced house · DE1 1DX
Listing removedListed 145 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Derby, within the exclusive Markeaton Court development, this is a recently constructed one bedroom house which has been completed to the highest standard.
Suited to the professional tenant, this is a low maintenance and economic home to rent.
Directions - Leave Derby City Centre along Kedleston Road and turn left onto Cowley Street, continue straight on to Mackworth Road, passing the Markeaton recreation ground and turn left onto Markeaton Street.
Markeaton Court is on the right hand side where the property is clearly identified by our "to let" board.
Situated in the heart of Derby, within the exclusive Markeaton Court development, this is a newly constructed one bedroom house which has been completed to the highest standard.
Markeaton Court is an exclusive development of eight individual properties which were completed in 2015 and finished to the highest specification.
Each of the properties benefits from the very latest construction techniques and include double glazing, gas central heating with brand new boiler, new kitchen, bathroom and stylish decoration.
Each property is further complimented by new carpets and one allocated car parking space Markeaton Court is a short walk from the vibrant City Centre of Derby with its wealth of shops, restaurants and the Intu shopping centre.
The property is within a short walk of Markeaton Park, Darley Park, Derby University and the Royal School for the Deaf and is brilliantly situated for ease of access to the ring road and A38.
Properties of this calibre, within easy reach of the City Centre rarely come available to let and we would recommend viewing at the earliest opportunity.
Open Plan Living/Kitchen - 3.43m x 6.20m (11'3" x 20'4") - This large and versatile space has a double glazed window to the front elevation, two radiators, useful under stairs storage cupboard, staircase leading to the first floor and an area set aside as a kitchen.
The kitchen space has an integrated electric oven, gas hob and shaped extractor over.
The kitchen benefits from a stainless steel sink unit with drainer beneath a double glazed window to the rear and there is space for washing machine, space for a freestanding fridge / freezer and enclosed boiler providing domestic hot water and central heating.
This room has a useful understairs storage cupboard and: Ground Floor Cloakroom - With low level WC, wash hand basin and radiator.
To The First Floor - Master Bedroom - 4.29m x 6.27m ( narrowing to 11.30m ) (14'1" x 20' - (Restricted head room in places) Two double glazed windows overlooking the front elevation and radiator Ensuite Bathroom - 1.68m x 2.16m (5'6" x 7'1") - Low level WC, pedestal wash hand basin and bath, shower over the bath, complimentary tiling, inset ceiling spotlights, Velux style window, heated towel rail, electric shaver point.
Outside - The property benefits from managed communal areas and there is one allocated car parking space.
Please Note - Tenants are required to pay to the first months rent and deposit, the deposit being equivalent to 5 weeks rent or less, prior to a tenancy commencing.
A holding deposit equivalent to 1 weeks rent or less will be required on making an application for the property, this amount will be deducted from the total required.
The holding deposit will be retained by the landlord/letting agent if false or misleading information is provided which affects a decision to let the property and calls into question your suitability as a tenant While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) MONEY LAUNDERING REGULATIONS prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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