Newly renovated, chain-free studio with long lease and low running costs—ideal first home or rental buy.
Chain free ground-floor studio, ready to move into
Newly renovated: new kitchen, bathroom, flooring and internal doors
EPC rating C; Council Tax Band A — low running costs
121 years remaining on lease; leasehold tenure
Low communal ground rent and service charge
Electric storage heating (no gas central heating)
Communal off-street parking; not individually allocated
Compact single-room layout—limited separation of living/bed space
A newly renovated ground-floor studio in a quiet Alvaston cul-de-sac, offered chain-free and ready to move into. The open-plan living and kitchen area is light-filled with new flooring, integrated appliances and a modern shower room with a separate sink/dressing area — a compact, contemporary home that will suit a first-time buyer, single occupant or buy-to-let investor.
Practical running costs are competitive: EPC C, very low council tax (Band A) and low communal ground rent/service charges. The long lease (121 years remaining) reduces short-term lease-related risk. Off-street communal parking and rear views over a green space add everyday convenience and a sense of openness.
Be aware of a few constraints: the property is a studio (single open-plan room) with electric storage heating rather than gas central heating, which can be less flexible and more costly to run in some circumstances. As a leasehold flat, long-term alterations and subletting are subject to the lease and any managing arrangements. Parking is communal rather than allocated.
Overall this is a low-cost entry to the Derby market — tidy, modern and economical to run — that could work well as an affordable home or a straightforward rental purchase in a well-connected area with bus routes and quick access to the A6/A50/M1.