Summary - THE HADDON APARTMENT 5 DREWRY COURT DERBY DE22 3XH
1 bed 1 bath Flat
Immediate income flat with long lease and tenant in situ.
Communal private off-street parking for residents
Annual gross income £7,236; approx. 9.6% gross yield
Small one-bedroom flat c.409 sq ft, compact living space
Leasehold with 972 years remaining (very long lease)
Tenant in situ, consistent payments and wishes to stay
No internal photos or floorplan provided; internal condition unknown
Located in a deprived area with very high crime rate
Buyer’s Premium applies; review Let Property Pack before offer
A compact one-bedroom flat in Drewry Court on Uttoxeter New Road, offered as a buy-to-let with an existing long-term tenant. The property produces an annual gross income of £7,236, representing an approximate gross yield of 9.6% based on the asking price of £75,000. The flat is small (c.409 sq ft), leasehold with a very long term remaining (972 years), and includes communal private off-street parking.
This opportunity suits investors seeking immediate rental income and low-management communal exterior upkeep. Broadband speeds and mobile signal are reported as strong, and there are a range of local amenities and public transport close by. Tenant records indicate consistent, on-time payments and the current occupier wishes to remain, offering continuity of income.
Be aware of material considerations: the property is in a deprived area with a very high local crime rate and a cosmopolitan, student/migrant neighbourhood profile. The building appears externally maintained but internal condition and exact layout cannot be confirmed from available materials; no internal photos or floorplans are provided. The sale includes a Buyer’s Premium to secure the transaction process — prospective purchasers should factor this into acquisition costs and review the Let Property Pack for full tenancy and financial details.
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