2-bedroom flat · DE73 5QA
Sold STCListed 97 days
Opportunity summary
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About
An excellent opportunity arises for first time buyers, professionals or investors to acquire this beautifully presented two-bedroom first floor apartment, ideally situated in the highly sought after suburb of Chellaston.
Well maintained throughout, the property offers spacious, thoughtfully arranged accommodation, benefitting from uPVC double glazing, gas central heating and an allocated parking space.
The accommodation briefly comprises: Ground floor entrance hall with stairs to the first floor hall, with two useful storage cupboards; generous lounge, providing an inviting space to relax or entertain; modern fitted kitchen/diner well equipped with ample worktop and storage space; two spacious double bedrooms (the principal bedroom featuring fitted wardrobes); completing the accommodation is a contemporary bathroom fitted with a stylish three-piece suite.
Externally, the property stands back behind a lawned foregarden with a shared driveway leading to the allocated parking space; there is also a communal bin store.
Perfectly positioned for everyday convenience, Parkway is within easy reach of a wide range of local amenities, including shops, supermarkets and leisure facilities.
The area is particularly popular with families and professionals thanks to its selection of well regarded schools and its abundance of nearby green spaces and parks.
The property also benefits from excellent transport links, with swift access to the A50 and A52, connecting to Derby city centre, East Midlands Airport and the M1 motorway.
Major employers are all within easy commuting distance, making this an ideal location for those seeking a balance of lifestyle and connectivity.
Viewings are highly recommended to fully appreciate the spacious accommodation, excellent presentation and superb location this fantastic apartment has to offer.
Ground Floor Entrance Hall 10'1" x 5'9" (3.1m x 1.8m) First Floor Hallway 5'9" x 4'8" (1.8m x 1.4m) Lounge 15'5" x 10'7" (4.7m x 3.2m) Inner Hall 20'2" x 3'2" (6.2m x 1.0m) Kitchen/Diner 17'4" x 9'1" (5.3m x 2.8m) Bedroom One 10'3" x 9'10" (3.1m x 3.0m) Bedroom Two 9'9" x 9'1" (3.0m x 2.8m) Bathroom 8'7" x 6'0" (2.6m x 1.8m) Lease Information The property is held on a 125-year lease with 105 years remaining as of July 2026.
Annual Service Charge: £1,200.00 Annual Ground Rent: £125.00 (paid half-yearly in February & September.) Managing Agents: First Port Buyers 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
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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 advisors before making any investment decisions.
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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
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FAQ
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