Summary - 45 MONDELLO DRIVE ALVASTON DERBY DE24 0SN
1 bed 1 bath Apartment
Low-price studio with buy-to-let potential and off-street parking, chain-free.
Ground-floor studio — easy access, single open living space
A ground-floor studio in Alvaston offered with no upward chain, suited to buy-to-let investors or a cost-conscious first-time buyer. The apartment has uPVC double glazing and electric room heaters, and communal off-street parking to the rear. The building dates from the late 1970s with standard construction and straightforward maintenance needs.
The interior is compact and functional: living/bedroom, fitted kitchen, dressing area and modern shower room. The kitchen is dated and would benefit from upgrading to maximise rental income or owner comfort. Broadband speeds are fast and mobile signal is excellent — useful for working tenants or streaming.
Important lease and location facts: the property is leasehold with 76 years remaining; some mortgage lenders may refuse lending until the lease is extended. The area is relatively deprived with higher local crime rates, so buyers should consider security and insurance costs alongside the low purchase price and very cheap council tax.
For an investor this presents a low-entry purchase in a well-connected suburb with nearby shops, bus routes and access to the A6/A50/M1. For a buyer prepared to refresh the kitchen and heating, the studio could provide reliable rental returns or an affordable starter home.
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