£55,000

(£98/sq. ft)

2 bed flat for sale
Gower Street, Derby, Derbyshire, United Kingdom DE1

    • 2 beds

    • 1 bath

    • 1 reception

    • 559 sq. ft

  • EPC Rating: D

Just added
Chain free
Leasehold
Added on 17/07/2026

About this property

  • Two Bedrooms

  • £9300 Per Annum Rent

  • Tenant In Situ

  • Cash Purchase Only

  • Investment Opportunity

  • Ground Floor Apartment

  • City Centre Location

  • 559 Square Feet

  • Council Tax Band B

  • EPC Rating D

  • Lift access

An investment opportunity with an income of £9,300 per annum. This two bedroom apartment is located within prosperity house and is available with tenant in situ.

Property and location Offered for sale with no upward chain is this well positioned, two bedroom first floor apartment, situated within the heart of Derby City Centre. The apartment is accessed via an impressive, front communal entrance, with lifts and stairwell up to the desired floor. Off an internal hallway, the property offers a large lounge/dining room/ kitchen, two good size bedrooms and family bathroom. The property would be an ideal first time buy due to its central location, or provides a fantastic opportunity for an investment purchase, with a potential rental yield over 15%.

Prosperity House is situated in Derby City centre; which has a vast array of local amenities, such as bars, restaurants and shops. The property is well connected with transport links, with the Bus station and Railway station close by, along with all major road links out of the City.

Entrance hall With access to the bathroom and open plan into the living area.

Lounge/kitchen/diner 18' 0" x 13' 7" (5.49m x 4.14m) The kitchen is fitted with a range of matching wall and base units, complemented by work surfaces. It also features a sink with drainer, as well as an integrated oven, hob, and extractor hood. The lounge area is bright and airy, benefiting from two double-glazed windows that allow plenty of natural light.

Bedroom one 11' 4" x 10' 9" (3.45m x 3.28m) With double glazed window and Jack and Jill access to the bathroom.

Bathroom/W.C Fitted with a three piece suite comprising of low level w.c, wash hand basin and bath with shower over.

Bedroom two 14' 4" x 7' 7" (4.37m x 2.31m) With double glazed window and storage cupboard.

Lease information Lease Length: 250 years from 01.12.2016 = 241 years remaining.
Service Charge: £2345 every 6 months
Ground Rent: £250.00 pa

Mortgage calculator

Monthly repayment

£275 per month

Whole of market comparison

70+ lenders and 10,000+ products

How much could I borrow

In partnership with

mojo logo

The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (241 years)

  • Service charge

    £4,690 per year

  • Council tax band

    B

  • Ground rent

    £250

  • Ground rent date of next review

Report this listing

Martin & Co Derby

Logo of Martin & Co Derby
Email agent