We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DE23 6AY
Listing removedListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN A well-presented and ideally located, premium two-bedroom apartment.
Featuring fantastic living space, generous bedrooms and well kept communal spaces there's also excellent access to Derby City Centre and Littleover making it perfect for a first time buyer or an ideal rental investment!
The accommodation on offer briefly comprises: Entrance hall; L-shaped open plan lounge/dining area; kitchen with fitted appliances; two surprisingly large double bedrooms (master en-suite); modern main bathroom having a three-piece suite.
The property is accessed via a secure and tidy communal stairway with intercom entrance systems.
Outside, well maintained communal grounds surround the building and extend to the rear, with paved pathways providing access to the building from the allocated parking spaces to the front of the development.
The Orchards is extremely convenient for local amenities including shops, schools, Derby City Centre, the Royal Derby Hospital and Rolls-Royce Sinfin.
Viewings are essential to appreciate the size and standard of the accommodation on offer.
Entrance Hall 10'6" x 3'2" (3.2m x 1.0m) L-shaped Lounge & Dining Area 15'4" x 11'10" (4.7m x 3.6m) Kitchen 7'11" x 7'10" (2.4m x 2.4m) Bedroom One 18'10" x 10'6" (5.7m x 3.2m) En suite 8'7" x 5'5" (2.6m x 1.6m) Bedroom Two 10'6" x 8'7" (3.2m x 2.6m) Main Bathroom 7'1" x 5'5" (2.2m x 1.6m) Lease Information The property is held on a 125-year Lease with 101 years remaining as of April 2024.
Service Charge: £643.50 every six months. Annual Ground Rent: £150 (does not increase.) Managing Agents: Freehold Managers PLC. Freeholder: M P Management Limited. Buyer Information 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £25 (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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
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
FAQ
About The Orchards, Burton Road, Derby
Explore nearby
