Summary - FIVE LAMPS COURT FLAT 26 KEDLESTON STREET DERBY DE1 3JW
1 bed 1 bath Ground Flat
Affordable buy-to-let near Darley Park with private garden and parking.
Own separate access and wrap‑around gardens with off‑street resident parking
Estimated rental income circa £600 PCM (£7,200 pa)
Compact accommodation — approximately 410 sq ft; one double bedroom
EPC Rating D; electric room heaters (no gas central heating)
Leasehold with ~89 years remaining; service charge ~£1,560 pa; ground rent £40
To be sold at auction 27/11/2025 — 10% deposit and buyers’ fee apply
Located near city centre, Darley Park and Friar Gate; high local crime and deprivation
Offered with immediate vacant possession, suitable for quick relet or refurbishment
This ground-floor, one-bedroom leasehold flat offers an affordable entry into Derby’s central rental market. It comes with its own separate access, wrap-around gardens and off-street parking, and is offered with immediate vacant possession — features that make it straightforward to let quickly. The property is estimated to achieve circa £600 PCM (£7,200 pa), giving attractive gross returns against the guide price for buyers focused on yield.
Internally the flat is presented in modern, neutral condition with a fitted kitchen, bathroom and uPVC double glazing. The accommodation is compact (around 410 sq ft) and heated by electric room heaters; there is no central gas heating. The EPC is rated D. Service charge and ground rent apply (approx. £1,560 pa service charge; £40 ground rent) and the lease has about 89 years remaining.
Buyers should note this will be sold at auction on 27 November 2025 under unconditional terms. Auction costs include a 10% deposit (min. £5,000) and a buyers’ fee (1.2% of the purchase price, min. £1,500 inc. VAT). The property sits in an area with higher crime levels and wider local deprivation, which may affect tenant demand and long-term capital growth. Mechanical heating, EPC grade and the leasehold position are material factors for both buy-to-let purchasers and owner-occupiers.
For an investor seeking a low-price, potentially high-yielding city centre let, this flat is a clear candidate — subject to pre-auction legal pack review and budgeting for the auction fees and any modernisation or heating upgrade you may wish to carry out.
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