Property Highlights:
- 2 Double Bedrooms
- 2 Bathrooms (Including En-Suite)
- Allocated Parking Space
- Modern Interior with Double Glazing
- Sought-After Residential Development in Wilmorton
- Spacious Lounge with French Doors to Front
- Secure Entry & Low Maintenance Investment
- Close to Derby City Centre, Pride Park, and A6/A52
Investment Information:
| Metric |
Value |
| Asking Price |
£117,500 |
| Monthly Rent |
£795pcm |
| Annual Income |
£9,540 p.a. |
| Gross Yield |
8.1% |
| Service Charge |
£1,908.52 p.a. |
| Ground Rent |
£165.00 p.a. |
| Net Yield |
6.4% |
Property Description:
A well-maintained two-bedroom ground-floor apartment ideally positioned for professionals working in Derby City Centre, Pride Park, or Rolls-Royce. Set within a quiet residential development, this spacious and bright apartment offers generous living accommodation and excellent investment credentials.
- Entrance Hallway
With a secure UPVC front door, electric heater, and access to all rooms.
- Lounge – 16’6″ x 13’5″ (5.04m x 4.10m)
Bright and spacious living space with UPVC front window, French doors leading outside, and twin electric heaters.
- Kitchen – 7’11” x 7’7″ (2.42m x 2.32m)
Modern kitchen with integrated oven, hob, extractor fan, fridge-freezer, and washer/dryer. Stainless steel sink and wall/base units with vinyl flooring.
- Bedroom One – 12’7″ x 8’8″ (3.84m x 2.65m)
Double bedroom with UPVC window, electric heater, and access to a private:
- En-Suite Shower Room
With a walk-in shower, pedestal sink, WC, tiling, extractor, and vinyl flooring.
- Bedroom Two – 11’9″ x 8’4″ (3.60m x 2.55m)
Another well-proportioned double bedroom with UPVC window and electric heater.
- Main Bathroom
Fitted with a three-piece suite including bath, WC, pedestal sink, tiling, extractor, and wall heater.
- External
Private allocated parking space included—well-kept communal areas.
Lease & Tenure Information:
- Leasehold – 155 years from 1st June 2006 (approx. 138 years remaining)
- Service Charge: £1,908.52 p.a.
- Ground Rent: £165.00 p.a.
Location Information:
- 5 mins to Derby City Centre
- Close to Derby Train Station
- Near Pride Park, Rolls-Royce, Bombardier
- Easy access to A6, A52, and M1
Investment Potential:
This is a turnkey, income-ready investment in a strong rental market. The location, modern specification, and 2-bed/2-bath layout make it particularly attractive to:
- Young professionals
- Hospital/University workers
- Long-term tenants seeking convenience & parking
