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See how verdicts work2-bedroom flat · DE21 4TR
No longer listedListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the ever-popular and sought-after village of Chester Green, this fantastic and rare opportunity presents itself to acquire a modern and beautifully presented two-bedroom apartment on Magnus Court, offered for 50% shared ownership.
Perfectly suited to first-time buyers or those looking to step onto the property ladder, this superb home combines contemporary living with a convenient and well-connected location, just a short distance from Derby city centre, local amenities, and picturesque riverside walks.
Upon entering the property, you are welcomed by a spacious entrance hall which provides access to all principal rooms and offers useful storage.
The apartment boasts a stylish fitted kitchen, thoughtfully designed with a range of modern wall and base units, providing both practicality and a sleek finish for everyday living.
The lounge diner is a bright and inviting space, ideal for both relaxing and entertaining, with ample room for comfortable seating and dining furniture.
Large windows allow natural light to flood the room, enhancing the warm and homely feel throughout.
There are two well-proportioned bedrooms, with the master bedroom benefiting from its own ensuite shower room, offering a touch of privacy and convenience.
The second bedroom offers flexibility as a guest room, home office or nursery, with the family bathroom conveniently serving both this room and visiting guests.
Externally, the property benefits from an allocated parking space, adding further practicality to this appealing home.
Internally, the apartment is immaculately presented throughout, meaning it is ready to move straight into and enjoy. The property is leasehold with approximately 106 years remaining.
The combined monthly cost for rent, service charge, and ground rent is £358.90, payable to Places for People, the shared ownership housing association.
This is a truly excellent opportunity to secure a stylish and affordable home in one of Derby’s most desirable residential areas.
Early viewing is highly recommended to fully appreciate everything this wonderful apartment has to offer.
Hallway Accessed via the front entrance door, having a storage cupboard housing the hot water cylinder and doors leading to: Lounge/Diner 14'3" x 11'3" (4.35m x 3.43m) Having double glazed Juliet doors to the outside.
Kitchen 7'6" x 7'8" (2.29m x 2.35m) Having a range of wall and base units incorporating rolled edge work surfaces having an inset sink with mixer tap, integral oven and hob.
Bedroom One 11'11" x 8'7" (3.64m x 2.62m) Having a radiator and a double glazed window.
Ensuite Shower Room 8'5" x 5'1" (2.57m x 1.56m) Having a shower enclosure, pedestal wash hand basin and close coupled WC.
Bedroom Two 11'11" x 5'10" (3.64m x 1.79m) Having a radiator and a double glazed window.
Bathroom 6'9" x 6'3" (2.07m x 1.93m) Comprising of panelled bath, pedestal wash hand basin and a close coupled WC.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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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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
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