Central buy-to-let with immediate rental income and easy transport links.
Tenant in situ at £600 pcm (income from day one)
A compact one-bedroom apartment in Derby’s Cathedral Quarter, offered with a tenant in situ at £600 pcm — well suited to buy-to-let investors seeking immediate rental income. The building dates from the early 20th century and combines period brick exterior with a modern-style apartment interior and fitted kitchen.
The flat is small (approx 420 sq ft) with an open-plan living-kitchen, double bedroom and bathroom. Heating is by electric room heaters and the property has double glazing; buyers should note mains heating is not gas and broadband speeds in the area are reported as very slow. Leasehold details are being compiled and additional leaseholder fees (for packs or administration) may apply.
Important location facts: central city location with excellent public transport links, close to bus and train stations and local amenities. The area is described as cosmopolitan student neighbourhoods and young families, but also records very high crime and high deprivation locally — purchasers should consider these factors for both occupation and lettability.
This apartment suits investors wanting an immediate let with minimal hands-on preparation or a first-time buyer seeking a central, low-cost council tax base. Internal viewing is recommended to assess space and condition; the property may also appeal to buyers looking for a small city pied-à-terre or potential light refurbishment project.
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