Income-producing, low-maintenance city-edge home with allocated parking.
Ground-floor two-bedroom apartment with ensuite shower room
Set on the ground floor of a modern 2005 purpose-built block, this two-bedroom apartment offers straightforward, low-maintenance living within walking distance of Derby city centre and riverside walks to Darley Abbey. The apartment has an open-plan living/dining kitchen, a double bedroom with ensuite, a second double bedroom and allocated secure parking — practical features for downsizers or investors wanting a city-edge home.
This property is currently let at £795 pcm, making it immediately income-producing for an investor. The long lease (circa 980 years remaining), mains gas heating, UPVC double glazing and an EPC C rating add to the practical appeal. Service charge is shown at £650.05 (paid half-yearly), and council tax is in Band B (relatively cheap).
Buyers should note several material considerations: the local area scores as deprived with very high crime levels and a medium flood risk; the wider neighbourhood is described as a cosmopolitan student area which can affect long-term resident profile. The apartment is compact in overall size, which may limit layout changes and appeal to buyers seeking larger accommodation.
For investors or those seeking easy-access, ground-floor living near Derby’s amenities, this is a competitively priced, low-maintenance opportunity. First-time buyers and retirement purchasers who prioritise location, parking and immediate rental income will find clear benefits, but anyone prioritising low-crime, larger homes or flood-free locations should weigh these factors carefully.
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