DE23 8FQ - 2 bed central two bedroom apartment in Derby South, DE23 8FQ

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2 bedroom apartment for sale in Reginald Street, Derby, DE23

Summary - 13, PARK GATE, 38, REGINALD STREET DE23 8FQ

2 bed 1 bath Apartment

Bright open-plan flat with parking and secure communal entry close to shops.
- Two-bedroom second-floor apartment with balcony and lift access
- Open-plan living/kitchen; modern fitted units and integrated appliances
- Two allocated off-street parking spaces included
- Leasehold: 100 years remaining; chain free sale
- Annual service charge £1,533.31 and ground rent £75.00
- Located close to Derby city centre and local amenities
- Neighbourhood classified very deprived; local crime levels very high
- Council Tax Band B; average broadband, excellent mobile signal
This second-floor, two-bedroom apartment offers a modern, low-maintenance home or rental near Derby city centre. The open-plan living and kitchen area opens onto a balcony, providing light and extra outdoor space. The block includes secure communal entry, lift access and two allocated parking spaces.

Practical details suit first-time buyers or investors: 100 years remaining on the lease, chain free, Council Tax Band B and average overall size of about 651 sq ft. The fitted kitchen and bathroom are in good order and the apartment has electric heating and built-in storage.

Buyers should note the annual service charge of £1,533.31 and a ground rent of £75.00. The surrounding neighbourhood is classified as very deprived with very high crime levels; these local factors may affect insurance, resale timing and rental yields. Broadband speeds are average, while mobile signal is excellent.

Overall this property is a straightforward, modern apartment with clear rental or first-home potential thanks to central location, allocated parking and low immediate maintenance needs. Prospective purchasers should verify service charge and lease details with their solicitor and consider local area indicators when assessing long-term plans.

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