Compact central studio alternative for investors or budget buyers near hospital and shops.
- Ground-floor one-bedroom apartment, approx. 320 sq ft
- Long lease (963 years) and sold with no upward chain
- Communal gated off-street parking for residents
- Kitchen dated (1970s); requires modernization
- Electric storage heaters—likely higher running costs
- Very high local crime rate could affect rental appeal
- Short walk to city centre amenities and hospital
- Small overall size; suited to single occupant or investor
A ground-floor one-bedroom apartment in a city-centre block, offered with no upward chain and long lease (963 years). The layout includes an entrance hall, living room, kitchen with French doors to a small decked balcony, one bedroom and a three-piece bathroom. Communal off-street parking is available within a gated resident car park.
The property is compact (approximately 320 sq ft) and shows signs of age — the kitchen dates from the 1970s and will need modernization to meet contemporary standards. Heating is by electric storage heaters and the building has double glazing; both are functional but likely to be less economical than gas alternatives.
This location offers quick access to Derby city-centre amenities and the nearby hospital, plus fast broadband and excellent mobile signal—features attractive to renters or a single occupier. Be aware the local area records a very high crime rate and is described as a cosmopolitan student neighbourhood, which may affect resale or rental yields and tenant profiles.
Given the low asking price, long lease and central location, the flat suits a buy-to-let investor or a budget-minded first-time buyer prepared to accept a small footprint and carry out updating works. Essential points: small internal space, dated kitchen, electric heating running costs, and surrounding area crime statistics.
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