Affordable city-centre one-bedroom — ideal first buy or student investment..
Central city location close to amenities and transport
Compact 371 sq ft — small one-bedroom layout
Low asking price £70,000 — strong entry-level purchase
Leasehold tenure — check remaining term and ground rent
Very high local crime levels — impacts security and resale
Area classified as very deprived — consider investment risk
Electric storage heaters; solid brick walls may need insulation
Double glazing fitted post-2002; off-street residential parking
This one-bedroom first-floor flat in central Derby offers an affordable entry to city living at £70,000. Set within a compact 371 sq ft layout, it suits a first-time buyer or investor seeking a low-price purchase close to shops, transport and universities. The wide range of nearby amenities and excellent mobile and broadband connectivity are strong practical advantages.
The flat has double glazing (fitted post-2002), a private entrance hallway with storage, a good-sized living room, separate kitchen, double bedroom and bathroom. Off-street residential parking is available, and council tax is very cheap — helpful for running costs. The location is popular with students and professionals, offering rental potential or easy access to city-centre life.
Important negatives are factual: the area is classified as very deprived with very high crime levels, which may affect personal security and resale values. The property is leasehold and compact in size, so space is limited. Heating is by electric storage heaters and the walls are solid brick with no assumed cavity insulation, which could mean higher energy costs and potential upgrade work.
Overall this flat trades a small footprint and some maintenance/energy drawbacks for an exceptionally low price and central location. It will best suit buyers prepared to accept a city-centre living environment and to invest in modest improvements, or investors targeting the nearby student and professional rental market.
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