Offers in region of
£105,000
2 bed flat for sale87 Stanley Street, Derby, Derbyshire DE22
2 beds
1 bath
1 reception
EPC Rating: C
Leasehold
About this property
Spacious Two Bedroom Apartment In Gated Development, With An Ideal Chance To Put Your Own Stamp On It
Ideal For Investors & First Time Buyers, With Fantastic Potential
Potential Rental Income Of £750-795pcm, With Potential Yield Of 8.57%
Two Double Bedrooms
Superb Open Plan Kitchen / Lounge Space
Three Piece Bathroom Suite
Allocated Parking
Close To Local Amenities And Travel Routes
EPC Rating - C
Council Tax Band - A
Spacious Two-Bedroom Apartment: Ideal For Investors And First-Time Buyers
Nestled within a secure, gated development at 87 Stanley Street, Derbyshire, this spacious two-bedroom apartment presents an outstanding opportunity for both astute investors and first-time buyers looking to step onto the property ladder. Offered for sale at Offers In Region Of £105,000, this property combines generous living spaces with the exciting potential to personalise and enhance, truly allowing you to put your own stamp on it.
Upon entering, you are greeted by a well-proportioned interior that immediately conveys a sense of space. The heart of this home is undoubtedly the superb open-plan kitchen and lounge area. This versatile space is designed for modern living, offering ample room for both comfortable relaxation and dining, making it ideal for entertaining guests or simply unwinding after a long day. The kitchen area, whilst offering a solid foundation, provides a fantastic canvas for a buyer to upgrade and tailor to their specific tastes and requirements, potentially adding significant value and appeal.
This apartment boasts two generously sized double bedrooms, each offering a peaceful retreat. These rooms are well-lit and provide sufficient space for double beds and additional furniture, ensuring comfortable living for residents or tenants. The master bedroom boasts built in wardrobe. The single well-appointed bathroom serves both bedrooms, maintaining the practical layout of the apartment.
For investors, this property represents a particularly compelling proposition. With a potential rental income estimated between £750 and £795 per calendar month, it offers an impressive potential yield of 8.57%. This strong return on investment, coupled with the property's desirable location and features, makes it an attractive addition to any portfolio. The secure gated development adds an extra layer of appeal for prospective tenants, ensuring peace of mind and enhancing rental desirability.
Practicality is further enhanced by the inclusion of allocated parking, a highly sought-after amenity in any residential area, providing convenience and security for vehicle owners. The property benefits from an excellent EPC Rating of C, indicating good energy efficiency, which can lead to lower utility bills for residents. Furthermore, the Council Tax Band A designation means lower annual outgoings, adding to the overall affordability and attractiveness of this home.
Location is key, and 87 Stanley Street does not disappoint. Situated close to a wealth of local amenities, residents will find everything they need within easy reach, from shops and supermarkets to cafes and leisure facilities. Excellent travel routes are also readily accessible, ensuring straightforward commutes and connections to surrounding areas, making it an ideal base for those working locally or needing to travel further afield.
In summary, this two-bedroom apartment offers a rare blend of spacious living, investment potential, and the exciting prospect of customisation. Whether you are a first-time buyer eager to create your dream home or an investor seeking a high-yield opportunity, this property in Derbyshire warrants immediate consideration. Its secure setting, practical features, and superb location combine to create a truly desirable offering on the market.
107 years left on lease as of march 2007
Service Charge is £1,307.60 per year
Ground Rent is £276.97 per year
£132pcm
Nestled within a secure, gated development at 87 Stanley Street, Derbyshire, this spacious two-bedroom apartment presents an outstanding opportunity for both astute investors and first-time buyers looking to step onto the property ladder. Offered for sale at Offers In Region Of £105,000, this property combines generous living spaces with the exciting potential to personalise and enhance, truly allowing you to put your own stamp on it.
Upon entering, you are greeted by a well-proportioned interior that immediately conveys a sense of space. The heart of this home is undoubtedly the superb open-plan kitchen and lounge area. This versatile space is designed for modern living, offering ample room for both comfortable relaxation and dining, making it ideal for entertaining guests or simply unwinding after a long day. The kitchen area, whilst offering a solid foundation, provides a fantastic canvas for a buyer to upgrade and tailor to their specific tastes and requirements, potentially adding significant value and appeal.
This apartment boasts two generously sized double bedrooms, each offering a peaceful retreat. These rooms are well-lit and provide sufficient space for double beds and additional furniture, ensuring comfortable living for residents or tenants. The master bedroom boasts built in wardrobe. The single well-appointed bathroom serves both bedrooms, maintaining the practical layout of the apartment.
For investors, this property represents a particularly compelling proposition. With a potential rental income estimated between £750 and £795 per calendar month, it offers an impressive potential yield of 8.57%. This strong return on investment, coupled with the property's desirable location and features, makes it an attractive addition to any portfolio. The secure gated development adds an extra layer of appeal for prospective tenants, ensuring peace of mind and enhancing rental desirability.
Practicality is further enhanced by the inclusion of allocated parking, a highly sought-after amenity in any residential area, providing convenience and security for vehicle owners. The property benefits from an excellent EPC Rating of C, indicating good energy efficiency, which can lead to lower utility bills for residents. Furthermore, the Council Tax Band A designation means lower annual outgoings, adding to the overall affordability and attractiveness of this home.
Location is key, and 87 Stanley Street does not disappoint. Situated close to a wealth of local amenities, residents will find everything they need within easy reach, from shops and supermarkets to cafes and leisure facilities. Excellent travel routes are also readily accessible, ensuring straightforward commutes and connections to surrounding areas, making it an ideal base for those working locally or needing to travel further afield.
In summary, this two-bedroom apartment offers a rare blend of spacious living, investment potential, and the exciting prospect of customisation. Whether you are a first-time buyer eager to create your dream home or an investor seeking a high-yield opportunity, this property in Derbyshire warrants immediate consideration. Its secure setting, practical features, and superb location combine to create a truly desirable offering on the market.
107 years left on lease as of march 2007
Service Charge is £1,307.60 per year
Ground Rent is £276.97 per year
£132pcm
More information
Tenure
Leasehold (107 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review
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