£90,000
1 bed flat for saleFriar Gate, Derby, Derbyshire DE1
1 bed
1 bath
EPC Rating: B
- Chain free
- Leasehold
Sold.co.uk
.png)
About this property
1-Bedroom Apartment
No Chain
Second Floor
Great Investment Opportunity
Open-Plan Kitchen/Reception Room
Potential Rental Yield of Over 10%
Double Bedroom
3-Piece Bathroom
Modern Fittings
City Centre Location
This 1-bedroom apartment on Friar Gate, Derby presents an excellent opportunity for first-time buyers or investors looking to acquire a city centre property. This second-floor flat offers a blank canvas to put your personal stamp on a home in a prime location.
The property's layout includes an entrance hall leading to a generously-sized kitchen/dining room, ideal for entertaining. The spacious bedroom provides ample room for storage, while the bathroom is ripe for modernisation. The apartment offers approximately 408 sq.ft of living space, providing a comfortable footprint for urban living.
Located in Derby city centre, residents benefit from having all amenities within a stone's throw away. The property sits in an enviable position on Friar Gate, known for its selection of bars, restaurants and shops. Derby railway station is within easy walking distance, providing excellent transport links to major cities including Nottingham, Birmingham and London.
Offered with no onward chain, this apartment awaits your creative vision to transform it into a stylish city pad or potentially lucrative rental investment. Given its prime location and excellent potential, we strongly recommend viewing to appreciate the opportunity this property presents.
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (241 years)
Service charge
£500 per year
Council tax band
A
Ground rent
£250
Ground rent date of next review