Summary - 37 LEXINGTON ROAD CHADDESDEN DERBY DE21 6UX
2 bed 1 bath Apartment
Affordable opportunity for buyers or investors to add value with light refurbishment.
- Two double bedrooms in a first-floor apartment
- Chain free; ready for quick completion
- EPC C; gas boiler and double glazing
- Requires minor renovation and cosmetic updating
- Leasehold with 88 years remaining; £10 ground rent
- On-street parking only; no allocated space
- Area shows high deprivation and above-average crime
- Fast broadband and excellent mobile signal
A practical two-bedroom first-floor apartment offered chain free, ideal for a first-time buyer or buy-to-let investor. The layout includes two double bedrooms, a living room with good natural light and a functional bathroom. Heating is gas-fired via a boiler and radiators; the property benefits from double glazing and an EPC rating of C.
The flat is sold leasehold with 88 years remaining and a modest ground rent of £10. It requires minor renovation and cosmetic updating — an opportunity to add value rather than a structural overhaul. On-street parking serves the property, and broadband and mobile signals are strong, supporting modern living or rental demand.
Buyers should note the surrounding area shows high deprivation and above-average crime levels; this will influence both lifestyle and lettings. The building dates from the mid-20th century and the external walls are cavity construction with no added insulation (assumed). Council tax is very low, helping keep ongoing costs down.
Overall this is a straightforward, affordable entry-level purchase with clear potential for improvement. It suits someone comfortable managing light refurbishment and aware of leasehold ownership, seeking either a home to personalise or a rental that can deliver reliable returns after modest works.
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