Summary - Apartment 6 The Bank, 72, Sidney Street DE1 2TU
2 bed 1 bath Apartment
Affordable two-bedroom apartment near Derby city centre — chain free with allocated parking..
No upward chain — immediate sale possible
Allocated off-street parking in city centre location
Leasehold with 106 years remaining
Ground rent £200 per year
Electric room heaters — higher running costs likely
Very high local crime rate — important location drawback
Apartment size ~669 sq ft, average-sized rooms
Built 2003–2006 with double glazing installed
A compact two-bedroom apartment in central Derby offering immediate move-in potential and no upward chain. The open-plan living kitchen diner, balcony access and allocated off-street parking provide practical city-centre conveniences for daily life or rental appeal.
The property is leasehold with 106 years remaining and a modest ground rent of £200. Heating is by electric room heaters and mains electricity; buyers should expect higher running costs compared with gas-heated homes. Broadband speeds are average, and the overall apartment footprint is around 669 sq ft — comfortable but not spacious.
Important location realities: the property sits in a very deprived neighbourhood with a very high local crime level. That reduces owner-occupier peace of mind and may affect long-term capital growth and lettability; viewings should consider local conditions alongside the apartment’s attributes.
This apartment suits first-time buyers seeking affordable city-centre ownership or investors looking for a low-entry rental purchase. It offers a modern build (2003–2006), double glazing and allocated parking, but buyers should factor in running costs, local area challenges and standard leasehold obligations before committing.
2 bedroom apartment for sale in Sidney Street, Derby, DE1 — £82,500 • 2 bed • 2 bath • 722 ft²
2 bedroom apartment for sale in Sidney Street, Derby, DE1 — £82,500 • 2 bed • 2 bath • 669 ft²
2 bedroom apartment for sale in Sidney Street, DERBY, DE1 — £75,000 • 2 bed • 1 bath • 669 ft²
2 bedroom apartment for sale in Sidney Street, Derby, DE1 — £82,500 • 2 bed • 1 bath • 669 ft²
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2 bedroom apartment for sale in Sidney Street, Derby, DE1 — £82,500 • 2 bed • 1 bath • 669 ft²
