2-bedroom flat · DE21 7SX
Let agreedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-maintained two-bedroom first-floor flat with en-suite, open-plan living space, resident parking and excellent access to derby and the A52 Belvoir are pleased to offer to the rental market this well-maintained two-bedroom first-floor flat, situated within the popular and well-connected residential area of Spondon, Derby.
Offering well-proportioned accommodation throughout, the property benefits from two good-sized bedrooms, an en-suite shower room to the principal bedroom, a spacious open-plan living area, separate bathroom, secure entry system and resident parking.
Upon entering the property, a welcoming entrance hallway provides access to the accommodation. The spacious lounge offers plenty of room for comfortable seating as well as a dining area.
The lounge flows directly into the kitchen, creating a practical open-plan living space.
The fitted kitchen comprises a range of wall and base units providing ample storage and worktop space, making it a functional area for everyday use.
There are two well-proportioned bedrooms, with the principal bedroom being a generous double and benefiting from its own en-suite shower room.
The second bedroom provides flexible accommodation and would be suitable for use as a bedroom, guest room or home office.
The property also benefits from a separate main bathroom, fitted with a bath, WC and wash hand basin.
Externally, residents benefit from well-maintained communal areas together with a communal resident parking space. The building also benefits from a secure entry system.
Location Spondon is a popular residential suburb of Derby offering convenient access to a wide range of everyday amenities, including local shops, supermarkets, cafes and other services.
The area is particularly well positioned for commuters, with convenient access to the A52, providing direct road links towards Derby city centre and Nottingham.
Further transport connections and surrounding employment areas are also readily accessible, making the property a practical choice for those commuting throughout Derby and the wider East Midlands.
Offering spacious, low-maintenance accommodation in a convenient location, this attractive two-bedroom flat is well suited to a range of tenants.
Contact Belvoir Long Eaton & Beeston today to arrange your viewing.
Important information Deposit £1005 Holding deposit £200 Please note should you have an outstanding ccj, Bankruptcy or an iva unfortunately you may not be considered.
The amount of income you need to be earning jointly or individually needs to be £26,250 annually.
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed.
If there is any point, which is of great importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.
These particulars do not form a contract or part of a contract. EPC rating: C.
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 64, Peckerdale Gardens, Derby
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