Summary - 21 NORFOLK GARDENS DERBY DE22 1AJ
2 bed 1 bath Apartment
Compact, income-producing two-bed with long lease and recent refurbishment.
Two double bedrooms in a ground-floor apartment
A compact, well-presented two-bedroom ground-floor apartment in a 1960s purpose-built block to the north of Derby. The flat was refurbished in 2018 and retains modern touches: full double glazing, a recently refitted shower suite and a contemporary kitchen. At about 452 sq ft, the layout is economical with good built-in storage and a bright living room.
The property has an established rental history and was previously producing approximately £8,700 per year, making it an immediate option for buy-to-let investors seeking low-maintenance stock. Practical running costs include a service charge of £1,704.42 pa and a small ground rent of £30 pa; council tax sits in band A, keeping occupant costs low. The long lease (circa 101 years remaining) provides security for mortgage and resale prospects.
Location is a strength: Duffield Road gives easy access to Derby city centre and the A38, while nearby Darley Park and Darley Abbey Mills add attractive local amenities. Parking is available on a first-come, first-served communal driveway rather than allocated spaces, so vehicle owners should note limited certainty of a permanent bay.
Suitability is straightforward — investors and first-time buyers looking for a compact, income-producing or low-upkeep home will find the property appealing. Be aware of the apartment’s modest footprint and communal tenure costs when assessing yield or living space needs.
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