Summary - 133 SLACK LANE DERBY DE22 3FN
1 bed 1 bath Apartment
Close to hospital and shopping, ideal for cash buyers or local professionals.
- Top-floor one-bedroom with loft storage access
- Separate, generously sized kitchen ready to modernise
- Bright living room; not directly overlooked
- Leasehold with ~80 years left — lender risk
- Service charge approximately £1,200 per year
- Property needs renovation; budget for upgrades
- Medium flood risk and very high local crime
- Close to Derby Hospital, shops and good transport
A practical one-bedroom apartment positioned on the top floor of a modern block, a short walk from Derby Hospital and Kingsway shopping. The living room is bright and the separate kitchen is a useful size, offering immediate usability while still giving scope for updating. The flat includes loft access for extra storage and sits in a quiet residential pocket with good local amenities and transport links.
Important practical points are straightforward: the property is leasehold with about 80 years remaining and an average service charge of £1,200 a year — some mortgage lenders may refuse to lend on this. The apartment needs renovation in places, so buyers should budget for works to modernise finishes. There is a medium flood risk and the local crime rate is very high, which will affect suitability for some purchasers and may influence insurance costs.
This home will suit a cash buyer, a local professional wanting proximity to healthcare and retail hubs, or an investor prepared to refurbish. It offers affordable entry into the DE22 area with immediate occupation possible, but buyers should carry out lender checks and factor in renovation and safety considerations before proceeding.
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