1. Property photo 1 of 17 Whole Block
  2. Property photo 2 of 17 Studio
  3. Property photo 3 of 17 Studio

Offers over

£70,000

1 bed flat for sale
Market Place, Derby, Derbyshire DE1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Leasehold
Reduced on 26/12/2025

About this property

  • 7.7% Yield

  • First floor studio apartment

  • City centre location

  • Overlooking the Market Place

  • Currently tenanted

  • Secondary glazing

  • Electric heating

  • Viewing is essential

** ideal investment property generating annual gross income of £6,900**
A first floor studio apartment within a Grade II listed building over looking the market place in the city centre, providing an ideal investment opportunity. This recently converted apartment benefits from secondary glazed windows, electric heating, new carpet and new oven and hob. The property is currently tenanted and achieves annual rental income of £6,900. Located on the first floor this property has a entrance hall, open plan studio with lounge and bedroom area having a feature fireplace and the kitchen has integral oven, hob and fridge. There is a modern shower room with double shower off the studio. Viewing is essential.

Outside

There is a gate from the market place leading to this block of apartments.

Communal Area

There is a communal entrance hall, stairs and landing leading to this apartment.

Entrance Hall

Wooden door from the communal landing. Intercom to communicate with main gate, door to the studio.

Studio (5.56m x 5.05m)

Three secondary glazed windows to the front. Decorative fireplace, electric panel heater. Matching wall and base mounted units, work surface with a single sink with drainer and mixer tap and tiled splashbacks. New integral electric oven, new electric hob and extractor over. Integral fridge and a washing machine. Door to the shower room.

Shower Room (3.25m x 1.24m)

Secondary glazed window to the rear. Double shower cubicle, vanity wash hand basin and WC. Splashback panels, heated towel rail and extractor.

Mortgage calculator

Monthly repayment

£350 per month

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More information

  • Tenure

    Leasehold (244 years)

  • Service charge

    £1,000 per year

  • Council tax band

    A

  • Ground rent

    £125

  • Ground rent date of next review

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Frank Innes - Derby Sales

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