Summary - NEW MELTON HOUSE, 38 APARTMENT 3 ASHBOURNE ROAD DERBY DE22 3AD
1 bed 1 bath Apartment
Characterful city-centre home with secure parking and long lease.
Grade II listed Georgian building — listing restricts alterations
Long lease: 978 years provides ownership security
Secure gated parking space included
Bright open-plan living with original sash windows
One double bedroom; four-piece bathroom with separate shower
Solid brick walls likely uninsulated — may need insulation work
Located near Derby University, Friar Gate amenities and parks
High local crime and very deprived area — consider risks
Set within a converted Grade II listed Georgian building, this first-floor one-bedroom apartment offers characterful living with modern comforts. The open-plan living, dining and kitchen area is bright thanks to original sash windows, and the property includes a generous four-piece bathroom and a double bedroom. Secure gated parking and well-kept communal gardens add practical outdoor space.
The long lease (978 years) and low council tax are clear financial strengths, and mains gas central heating plus fast broadband and excellent mobile signal suit everyday needs. At 547 sq ft the apartment is an average-sized home that will suit a first-time buyer, young professional, or buy-to-let investor seeking city-centre proximity near Derby University and Friar Gate’s bars and cafés.
Buyers should note the Grade II listing will restrict external and some internal alterations and may complicate certain upgrades. The building’s solid brick walls are assumed to lack cavity insulation, so buyers should factor potential insulation or heating-cost improvements into budgets. The immediate locality records higher crime and significant area deprivation, which may affect resale or lettability perceptions for some purchasers.
Overall, this property delivers period charm, secure parking and a ready-to-live-in layout with clear investment potential, provided buyers accept listed-building constraints and consider energy-improvement works.
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