Summary - Searl Street, Derby, Derbyshire, DE1 DE1 1BW
2 bed 1 bath Flat
Practical investment or first central home near university and transport.
First-floor modern two-bedroom apartment, approx. 715 sq ft
A practical city-centre two-bedroom apartment offering straightforward, low-maintenance living or rental income in Derby’s student-focused quarter. The flat occupies the first floor of a modern block built after 2007 and benefits from double glazing, an open-plan kitchen/lounge/diner and a balcony overlooking the communal areas.
This property suits investors seeking immediate income or a first-time buyer wanting central convenience. It includes one allocated off-street parking space, fast broadband, excellent mobile signal and easy access to university buildings, shops and transport links. The accommodation totals about 715 sq ft and is being offered with either vacant possession or with a tenant in situ (current rental income quoted separately).
Buyers should note material constraints: the lease has around 80 years remaining — some mortgage lenders may refuse to lend. Heating is by electric room heaters, which can be more costly than gas systems. The wider area is classified as a cosmopolitan student neighbourhood with higher local crime and greater deprivation indicators, which may affect long-term resale or family appeal.
Overall this is a pragmatic, low-upkeep flat with clear rental demand from nearby students and university staff, or a convenient, compact city-base for a first-time buyer who accepts the lease and area considerations.
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