Summary - CATHEDRAL VIEW APARTMENT 1 FULL STREET DERBY DE1 3AF
1 bed 1 bath Apartment
Secure gated flat with patio and immediate rental income near Derby attractions.
Secure gated entry with small private patio area
This one-bedroom flat in the Cathedral View development offers immediate rental income and a city-centre location. Sold fully furnished with tenants in situ paying £760pcm, it suits buy-to-let buyers seeking an occupied, low-entry investment with secure gated access and a small private patio. The building benefits from double glazing and an open-plan living, dining and kitchen layout that maximises usable space.
Buyers should note material and locational drawbacks clearly: the property sits in an area classified as very deprived with very high crime levels, and the site has a high flooding risk. Tenure is leasehold and the property receives heating via a community scheme — check service charges, lease length and any heating arrangements before committing.
Practical positives include very cheap council tax (Band A), easy walking access to Derby city centre and nearby amenities, and fast broadband and excellent mobile signal. The flat’s compact, contemporary layout and immediate rental stream make it a pragmatic purchase for investors comfortable with an inner-city, student-oriented neighbourhood and its associated management considerations.
This is not a hands-off suburban buy: expect active management, potential flood and security-related insurance considerations, and close scrutiny of lease and service charge details. For investors prepared to manage those factors, the property offers straightforward rental income and proximity to transport and city amenities.
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