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87 Stanley Street, Derby, Derbyshire, DE22 3GU

PROPERTY TYPE

Ground Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan 1
1

Key features

  • Well Proportioned, Two Bedroom Apartment In Gated Development
  • Ideal For Investors & First Time Buyers
  • Potential Rental Income Of £825pcm, With Potential Yield Of 8.6%
  • Sizeable Rooms Throughout With Open Plan Reception Room/Kitchen
  • Two Double Bedrooms
  • Three Piece Suite Fitted Bathroom
  • Spacious Private & Enclosed Rear Patio
  • Allocated Parking Space
  • EPC Rating - D
  • Council Tax Band - A

Description

Nestled within a secure, gated development, this well-proportioned two-bedroom apartment at 87 Stanley Street, Derby, offers an exceptional opportunity for both first-time buyers stepping onto the property ladder and astute investors looking to expand their portfolio. With an attractive asking price of Offers In Region Of £115,000, this property presents a compelling proposition in a desirable location.

Upon entering, you are greeted by a thoughtfully designed interior that maximises space and natural light. The useful entrance hallway boasts the perfect space for storing your shoes, coats and bags.

The heart of this home is the sizeable open-plan reception room and kitchen, a versatile area perfect for both relaxing and entertaining. The kitchen area is well-appointed, providing a functional space for culinary pursuits, while seamlessly connecting to the living area, fostering a sociable atmosphere.

This layout ensures that whether you are enjoying a quiet evening in or hosting friends, the space adapts effortlessly to your lifestyle.

The apartment boasts two generous double bedrooms, each offering a comfortable and private retreat. These rooms provide ample space for furnishings and personal touches, ensuring a restful environment. The master bedroom comes with fitted wardrobe and chest of draws.

Complementing the bedrooms is a well-fitted three-piece suite bathroom, designed with modern living in mind.

One of the standout features of this ground floor apartment is the spacious private and enclosed rear patio. This outdoor sanctuary offers a wonderful extension of the living space, providing a perfect spot for al fresco dining, a morning coffee, or simply unwinding in the fresh air. It’s a valuable asset, particularly for apartment living, offering a sense of privacy and connection to the outdoors.

The property also benefits from an allocated parking space, a significant convenience in any residential area, ensuring ease of access for residents.

Stanley Street is well-situated, sloe to Derby City Centre. Offering excellent access to local amenities, including shops, supermarkets, and eateries, all within easy reach. Commuters will appreciate the convenient transport links, with nearby bus routes and road networks providing straightforward access to Derbyshire's wider areas and beyond, enhancing day-to-day life for residents.

For investors, this apartment holds significant appeal with a potential rental income of £825 per calendar month, promising a healthy return on investment. Offering a potential yield of 8.6%

The combination of its desirable features, secure location, and strong rental potential makes it an attractive addition to any investment portfolio. For first-time buyers, it represents an accessible entry point into homeownership, offering comfortable and contemporary living in a convenient setting. This apartment truly embodies comfort, style, and possibility, inviting you to imagine a life of ease and enjoyment within its walls. We encourage early viewing to fully appreciate the quality and potential this delightful home has to offer.

107 years left on lease as of march 2007
Service Charge is £1,307.60 per year
Ground Rent is £276.97 per year
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Patio
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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87 Stanley Street, Derby, Derbyshire, DE22 3GU

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About Cope & Co, Derby

Canterbury House, Stephensons Way, Derby, DE21 6LY
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We are a team of passionate property people on a mission to be a new breed of estate agent in your area.

At Cope & Co., we intertwine the strength of family values with professional expertise to guide every client towards their home and property objectives.

We pledge to understanding each client's individual journey and ensure that every step is personal, proficient, efficient and in harmony with their goals.

A new home is far more than just money, bricks and mortar. It's a place to call your own and create unforgettable memories. It's an opportunity for growth and independence. It's a way of starting a new chapter, planning for the future, and building the life you want to live.

We are a friendly team of local property experts, selling and letting homes across the whole of Derbyshire and East Staffordshire. Our goal is to provide a first-class service and to offer a personal and proactive approach that we believe is paramount to helping our customers achieve property success.

When you buy, sell, let or rent through Cope & Co, you'll be working with professionals who understand the true value and importance of a home. We will support you at every stage of your property journey to help you achieve your individual objectives.

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Disclaimer - Property reference PRF_DRB_LFSYCL_575_764437141. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cope & Co, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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