Compact, long-lease central flat ideal for first-time buyers or investors seeking low running costs.
- Ground-floor two-bedroom apartment, 524 sq ft
- Open-plan lounge/kitchen layout
- Chain free sale with very long 962-year lease
- Allocated off-street parking and communal gardens
- Below-average service charge (£630) and very low council tax
- Small overall size; best for compact living or rental
- Neighbourhood records very high crime and is deprived
- Medium flooding risk; building from late 1970s/early 1980s
A compact two-bedroom ground-floor apartment in St Marys Court, offered chain free and well-suited to a first-time buyer or buy-to-let investor. The open-plan lounge/kitchen gives a light, practical living space while two double bedrooms fit essentials comfortably. The long lease (962 years) removes short-lease concerns and there is an allocated off-street parking space plus communal gardens.
Practical running costs are favourable: gas central heating with a boiler and radiators, double glazing, a below-average service charge (£630) and very low council tax. The city-centre location places shops, cafés, public transport and Darley Abbey Park within easy walking distance, and broadband and mobile signal are strong for modern working needs.
Buyers should note material factors honestly: the apartment is small (524 sq ft) and the neighbourhood records very high crime and is classed as deprived, which may affect personal preference and rental demand. Flooding risk is assessed as medium. The building dates from the late 1970s/early 1980s and may benefit from cosmetic updating; any purchaser should budget for refurbishment if they want contemporary finishes.
Overall this is a straightforward, low-maintenance leasehold purchase with clear investment potential in a central Derby location, best suited to buyers seeking an affordable entry into the market or a compact rental unit with modest running costs.
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