Summary - Flat 1, 87, Stanley Street DE22 3GU
2 bed 1 bath Apartment
Turnkey flat with garden and parking — ideal for first-time buyers or investors..
Turnkey two-bedroom ground-floor flat with private enclosed garden
A well-presented, two-bedroom ground-floor flat in a gated development, ready to move into or let immediately. The open-plan reception and fitted kitchen create a bright social space, while two double bedrooms and a modern bathroom give comfortable everyday living. The private, enclosed rear garden is uncommon for apartments and adds usable outdoor space.
This property offers clear rental appeal with an estimated income of £825pcm (approx. 8.25% gross yield at the asking price). Practical features include allocated off-street parking, double glazing, an EPC rating of C and a long lease of 106 years. Annual charges are moderate for this type of development: service charge £1,307.60 and ground rent £276.97.
Buyers should note material running costs and local context: heating is by electric room heaters which typically cost more than gas central heating, the area records above-average crime levels, and the overall size is modest at about 545 sq ft. The property is leasehold, so ongoing service charges apply and should be factored into affordability and rental calculations.
In short, this turnkey apartment suits first-time buyers seeking low-maintenance homeownership and investors wanting immediate rental income. The long lease and garden make it more versatile than many city-centre flats, but purchasers should budget for higher heating costs and ongoing service charges.
2 bedroom ground floor flat for sale in 87 Stanley Street, Derby, Derbyshire, DE22 3GU, DE22 — £115,000 • 2 bed • 1 bath • 545 ft²
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