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2 Bed Flat, Single Let, Derby, DE72 3JU £95,000

19A Nottingham Road, Derbyshire, DE72 3JU - 2 months ago
  1. Deal Search
  2. Derby
  3. DE72
  4. DE72 3JU
Leasehold
BTL
ROI: 10%
~61 m²

ValuationUndervalued

AI score: 95/100. Please verify valuations.

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Links

  • More Deals in Derby
  • More Deals in DE72
  • More Single Let Deals
  • More Single Let Deals in Derby
  • More Single Let Deals in DE72

Property History

Listed for £95,000

September 22, 2025

Sold for £85,000

2024

Sold for £62,500

2009

Floor Plans

Description

  • Spacious two-bedroom first-floor flat +
  • Central Borrowash location with excellent amenities +
  • Spacious lounge and separate kitchen +
  • Gas central heating with Worcester combi boiler +
  • Double glazing throughout +
  • Bathroom with bath and shower +
  • Long lease (999 years from 2008) +
  • Excellent first-time buy or investment opportunity +
  • Currently tenanted at £695pcm (8.77% yield) +

Righthouse Estate Agents is delighted to offer this spacious, self-contained first-floor two-bedroom flat, ideally positioned in the heart of Borrowash with all local amenities on the doorstep. Well-proportioned and bright throughout, the property benefits from gas central heating, double glazing, and a private entrance. This home is perfectly suited for first-time buyers, single occupants, couples, or investors seeking a ready-made rental opportunity.

The property is currently tenanted under an Assured Shorthold Tenancy, generating £695pcm / £8,340 per annum, offering an attractive 8.77% yield for buy-to-let investors.

The accommodation comprises a spacious lounge, separate kitchen, two bedrooms (one double with integrated wardrobe), and a bathroom with shower over bath. Additional storage is provided by an entrance hall with space for coats and shoes, plus a hallway cupboard.

Location: Situated in the centre of Borrowash, the property is adjacent to bus stops, the Post Office, and a variety of local shops, pubs, restaurants, and leisure facilities. Elvaston Castle Country Park is just a 15-minute walk away, while Derby and Nottingham are equidistant via the nearby A52. Excellent commuter links to the M1 make this property well-connected to the wider region.

Accommodation
Total Floor Area: approx. 661.4 sq ft

Entrance Hallway
Entered via solid wood six-panel door into a carpeted area with ample space for coats and shoes. Stairs lead up to a carpeted landing with radiator and access to all rooms.

Lounge (16'2" x 11'8")
A spacious and bright reception room with UPVC double glazed window to the front, radiator, loft hatch, and fitted carpet.

Kitchen (10'6" x 9'5")
Fitted with light oak effect wall and base units, granite-effect worktops, and integrated extractor fan. Includes integrated electric oven with gas hob, stainless steel sink with chrome mixer tap, and space for fridge freezer, washing machine, and dishwasher. UPVC double glazed window to rear, radiator, and Worcester combi boiler.

Bedroom 1 (12'7" x 8'11")
A double bedroom with UPVC double glazed window to the rear, fitted carpet, radiator, integrated wardrobe, and loft hatch.

Bedroom 2 (8'10" x 8'6")
A good-sized single bedroom with UPVC double glazed window to the front, fitted carpet, and radiator.

Bathroom (9'5" x 5'9")
A fully equipped bathroom with white three-piece suite, comprising panelled bath with shower and screen over, washbasin with chrome mixer tap, and WC. Extractor fan, radiator, and lino flooring.

Tenure: Leasehold
Lease term: 999 years from 1 January 2008
Ground Rent: £100 per annum (reviewed annually)
Service Charge: £250 per annum (reviewed annually)

Council Tax Band: A
EPC Rating: D

Services: We are advised that all main utilities are connected.

Agent Details

Righthouse Estate Agents, Covering Midlands

0115 647 0433

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

AI score: 95/100. Please verify calculations.

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