Summary - 4 Pacific Way DE24 1AA
2 bed 1 bath Ground Flat
Long lease, allocated parking and excellent city access for first-time buyers.
Ground-floor two-bedroom apartment, approx. 625 sq ft
A ground-floor, two-bedroom apartment offered with no onward chain, ideal for a first-time buyer seeking central access and low-maintenance living. The flat comes with an allocated off-street parking space, double glazing and a practical lounge/diner that suits modern city living. The long lease (136 years) provides ownership security uncommon at this price point.
Be aware of ongoing costs: an average service charge of £1,980 per year and a £165 ground rent are payable. Heating is by electric storage heaters and room heaters only, so running costs can be higher than gas-heated homes. The building sits in an area with higher crime rates and marked local deprivation, which may affect resale or rental appeal.
For a buyer looking to enter the market or add a rental unit, this apartment represents straightforward, low-upkeep accommodation close to Derby city centre, public transport links and local amenities. The property is broadly average-sized (approx. 625 sq ft) and will suit someone wanting a convenient, affordable city base or a lettable investment with modest refurbishment potential.
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