Offers over
£140,000
4 bed flat for saleEdensor Square, Derby DE22
4 beds
3 baths
EPC Rating: C
Leasehold
About this property
16% net Rental Yield
First Floor
103 Years Remaining On The Lease
Ground Rent £5.83 pcm
Service Charge: £83.33 pcm
Council Tax Band A
Tenants in-situ
Close to Derby City Centre
A ready-made investment opportunity located within a consistently strong rental area of Derby, currently generating £2,000 pcm from reliable long-term tenants with no arrears history.
Situated on Edensor Square, DE22, the property benefits from a highly desirable residential position within Derby, popular with students, healthcare professionals and long-term tenants.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected gross yield of over 10–12%, with comparable rental properties in the surrounding DE22 postcode currently achieving between £1,600–£2,400 pcm depending on size, configuration and occupancy levels, supporting continued rental growth potential.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Situated on Edensor Square, DE22, the property benefits from a highly desirable residential position within Derby, popular with students, healthcare professionals and long-term tenants.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected gross yield of over 10–12%, with comparable rental properties in the surrounding DE22 postcode currently achieving between £1,600–£2,400 pcm depending on size, configuration and occupancy levels, supporting continued rental growth potential.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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Monthly repayment
£700 per month
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More information
Tenure
Leasehold (103 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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