2-bedroom flat · DE56 1HE
Sold STCListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY GROUND FLOOR Two bedroom over 60's retirement flat with COUNTRYSIDE views to the rear. Located in central BELPER, this property is ideally situated.
Well presented throughout and offered with no upward chain. DESCRIPTION A very well presented ground floor two bedroom retirement property offered with no upward chain.
Meadow Court is an extremely popular over 60's development located behind the doctors surgery on Bridge street in Belper town centre.
The location is ideal to walk into town with an abundance of amenities.
Meadow Court is a warden aided complex with amenities including communal lounge and laundry and having the benefit of a part time manager.
In brief the ground floor accommodation offers an entrance hallway, kitchen, generous lounge diner with UPVC window and door leading onto the communal gardens with countryside views, shower room and two bedrooms.
Outside, the property has a small front garden and ample resident parking. Viewing is a must to appreciate this well presented property with a great outlook.
Entrance Hall Having a storm porch canopy the property is entered via a secure door, cupboard housing smart meter, useful storage cupboard and ceiling light.
Kitchen 8' 4" x 6' 7" ( 2.54m x 2.01m ) Having a modern fitted kitchen comprising of a range of base wall and matching drawer units with wood effect work surfaces over incorporating a sink drainer unit with chrome mixer tap and a UPVC double glazed window to the front elevation.Four ring electric hob with extractor canopy over.
Wood effect vinyl flooring, space and plumbing for an automatic washing machine, fridge and also freezer. Complimentary splash back tiling and ceiling light.
Lounge Diner 16' 6" x 11' 1" ( 5.03m x 3.38m ) Spacious, light and airy room enjoys a fine aspect with UPVC double glazed window and door to the rear elevation with garden & countryside views.
Fireplace with electric fire, television point, telephone socket and an electric heater ( newly installed) Newly fitted carpeting to the floor.
Bedroom One 11' 1" x 9' 10" ( 3.38m x 3.00m ) Having built in fitted wardrobe and storage cupboard, UPVC double glazed window to the rear elevation with views over the garden, wall mounted electric heater ( newly installed), ceiling light & new fitted carpeted flooring.
Bedroom Two 10' 1" x 6' 10" ( 3.07m x 2.08m ) Having UPVC double glazed window to the front elevation, newly fitted carpeted flooring also wall mounted electric heater.
Useful built in storage cupboard. Shower Room A three piece shower room comprising of a walk in shower with electric shower, close couple WC and a vanity hand wash basin.
Radiator, vinal flooring and complimentary wall tiling, ceiling light & useful storage cupboard.
Outside There are well maintained communal gardens ample parking facilities with allocated parking, a residents lounge and laundry.
Agents Note The sale of this Property is subject to Grant of Probate.
Please seek an update from the Branch with regards to the potential timeframes involved We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
About Bridge Street, Belper
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