2-bedroom flat · DE72 3XE
Listing removedListed 148 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom apartment available to let in the sought-after village of Draycott, offering spacious and modern accommodation ideal for professionals, couples or small families.
Available now, part furnished or unfurnished. A superb opportunity to rent this well-presented and spacious two-bedroom apartment, ideally situated within the highly desirable village of Draycott.
Offering modern and comfortable accommodation throughout, the property is perfectly suited to professionals, couples or small families seeking convenient village living with excellent commuter links.
The accommodation briefly comprises a bright and welcoming living area, enhanced by patio doors opening onto a Juliette balcony, creating an attractive feature and allowing plenty of natural light throughout the space.
The fitted kitchen is well equipped and includes a fridge freezer, washing machine and microwave, offering practicality and convenience from day one.
There are two well-proportioned double bedrooms, including a generous principal bedroom benefitting from a private ensuite shower room, together with a main family bathroom, including a shower over the bath.
The property is available part furnished, or unfurnished if preferred, allowing flexibility to suit a variety of tenant requirements.
Externally, the apartment benefits from allocated parking and enjoys a pleasant position within this popular residential development.
Ideally located close to local amenities, reputable schools and excellent transport connections to Derby, Nottingham and surrounding areas, the property combines village charm with everyday convenience.
Early viewing is highly recommended to fully appreciate the quality and location of this attractive home.
These lettings particulars have been prepared by Merritt Estates and produced in good faith on the instruction of the Landlord. All measurements should be regarded as approximate.
It is a mandatory requirement for a Lettings Agent to be part of a redress scheme. Merritt Estates have membership with The Property Ombudsman (a government approved redress scheme).
It is a mandatory requirement for a Lettings Agent to be part of a Client Money Protection scheme. We are members of the Propertymark Client Money Protection (cmp) Scheme.
Tenant permitted payments can be found on our website: Landlord Fees can be found on our website:
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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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
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FAQ
About 106, Cowslip Meadow, Derby
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