2-bedroom flat · DE23 4EF
Let agreedListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Located just off Chain Lane on Deans Close is our well presented, furnished two bedroom ground floor maisonette comprising of large living room, separate kitchen and bathroom.
On entering the property is an entrance hallway with storage cupboard leading through to the spacious living room with feature bay window.
The living room consists of two faux leather sofas, dining table and four chairs, TV and TV stand.
Off the living room is the modern kitchen with a range of wall and base units, gas hob, electric oven and extractor hood, under counter fridge, freezer and washing machine.
Adjacent to the kitchen is the modern, recently fitted bathroom with a vanity wash basin and toilet and corner cubicle. To the rear are two bedrooms, fitted with beds and wardrobes.
The gas central heated accommodation enjoys double glazing. The property overlooks playing fields to the rear and has the advantage of a brick built garage and off road parking.
An internal inspection of the property is highly recommended.
Council Tax Band: Holding Deposit: £207.00 Ground floor Maisonette Furnished Modern throughout Two generous sized bedrooms Gas central heating Double glazed Garage included Short walk to Derby Royal hospital Good access to A Roads
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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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 42, Derby
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