Summary - Cathedral View, Full Street, Derby, Derbyshire, DE1 3AF DE1 3AF
2 bed 2 bath Ground Flat
Two-bedroom ground-floor investment with terrace, parking and tenant in situ..
Tenant in situ paying £1,150 pcm (immediate income)
Well-presented two-bedroom ground-floor apartment in Derby city centre, offered with a tenant in situ paying £1,150 pcm — attractive for buy-to-let investors wanting immediate income and minimal voids. The layout includes an open-plan kitchen/reception, two double bedrooms (master with ensuite), a second bathroom, utility cupboard and a terrace spanning the property’s width.
Practical ownership details are clear: leasehold with 150 years remaining, annual service charge c.£3,660 and ground rent £250 pa. The property is served by a community heating scheme and comes with one secured allocated parking space in a gated car park. EPC rating B and low council tax band confirm reasonable running costs for tenants.
Location is central and well connected — strong rental demand from students and city workers — but investors should note material local risks: the area records very high crime rates, high flood risk, and marked area deprivation. The block forbids short‑let/Airbnb use, which limits holiday-let options but supports long‑term tenancies.
Overall this is a compact, modern apartment suited to an investor seeking immediate rental return and capital growth potential from a city‑centre location. Budget for the elevated service charge and factor local socio‑environmental risks into yield calculations.
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