We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DE24 1AB
Sold STCListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
50% Shared Ownership A very well-presented and spacious ground-floor apartment located on the popular City Point development close to Pride Park in Derby.
A fantastic opportunity to purchase this well-presented ground floor flat, ideally suited for first-time buyers, downsizers, or those with mobility needs with it having step free access.
The apartment benefits from electric heating, uPVC double glazing, an allocated parking space in the rear car park close to the entrance to the building and is also within walking distance of Alvaston Park and Derby Railway Station!
The accommodation in brief comprises: Entrance hallway, spacious living room , a modern fitted kitchen, the master bedroom with an ensuite shower room, second double bedroom and the family bathroom.
The property comes with an allocated parking space and has a telecom system controlling access to the building.
The property is situated within the popular area of City Point located within Pride Park on the outskirts of Derby City Centre and is well located for a range of amenities including shops and transport links including Derby Railway Station and bus routes.
All potential purchasers must be approved via application to Riverside Home Ownership.
Hallway 10'8" x 6'5" (3.2m x 2.0m) Living Room 12'10" x 13'2" (3.9m x 4.0m) Kitchen 6'4" x 11'2" (1.9m x 3.4m) Bedroom 1 11'11" x 9'1" (3.6m x 2.8m) Bedroom 2 10'0" x 9'11" (3.0m x 3.0m) Bathroom 5'7" x 6'2" (1.7m x 1.9m) Leasehold Details £206.64 per month - Service charge and Shared ownership rent.
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.
Area
Agent & docs
FAQ
About Atlantic Way, City Point
Explore nearby
