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87 Stanley Street, Derby, Derbyshire, DE22 3GU

PROPERTY TYPE

Semi-Detached

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

  • Ideal Two Bedroom Apartment With Superb Potential
  • Gated Development
  • 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

Description

Presented to the market with an asking price of Offers In Region Of £105,000, this superb two-bedroom apartment at 87 Stanley Street, Derbyshire, offers an exceptional opportunity for both first-time buyers and astute investors. Nestled within a desirable gated development, this property combines security with convenience, making it a highly attractive proposition in the current market.

Upon entering, prospective buyers will immediately appreciate the well-proportioned living spaces. The heart of this home is undoubtedly the superb open-plan kitchen and lounge area. This versatile space is designed for modern living, providing ample room for both relaxation and dining. The kitchen area is thoughtfully laid out, offering practical functionality and a contemporary feel, perfect for entertaining or simply unwinding after a long day. The seamless flow between the kitchen and lounge enhances the sense of space and light throughout the main living area.

The apartment boasts two generously sized double bedrooms, providing comfortable and private retreats. Each bedroom offers sufficient space for freestanding furniture, ensuring practicality and comfort for residents. The master bedroom benefits from built in wardrobe and chest of draws. The layout is ideal for a small family, a couple, or even as a shared living arrangement, maximising its appeal to a broad range of potential occupants.

Completing the internal accommodation is a well-appointed three-piece bathroom suite. This modern bathroom is designed with both aesthetics and functionality in mind, featuring contemporary fixtures and fittings that contribute to the overall quality of the apartment.

One of the standout features of this property, particularly for investors, is its impressive rental income potential. With an estimated rental income of between £750 and £795 per calendar month, this apartment offers a potential yield of approximately 8.57%. This makes it an incredibly attractive investment opportunity, promising strong returns in a sought-after location. The high yield potential underscores the property's value as a buy-to-let asset. Further enhancing the property's appeal is the inclusion of allocated parking, a significant advantage in any residential area, providing convenience and peace of mind for vehicle owners. The gated development itself adds an extra layer of security, contributing to a safe and pleasant living environment.

Location is key, and 87 Stanley Street benefits from its proximity to a wealth of local amenities. Residents will find themselves within easy reach of shops, supermarkets, schools, and leisure facilities, catering to all daily needs. Furthermore, the property offers excellent access to local travel routes, ensuring straightforward commutes and connectivity to surrounding areas, which is a crucial factor for many buyers and tenants.

Environmentally conscious buyers will be pleased to note the property's EPC Rating of C, indicating good energy efficiency, which can lead to lower utility bills. The Council Tax Band A also signifies lower annual outgoings, adding to the financial attractiveness of this apartment.

In summary, this two-bedroom apartment presents an ideal opportunity to acquire a well-maintained property with superb potential. Whether you are a first-time buyer seeking a comfortable and convenient home, or an investor looking for a high-yielding asset, this property at 87 Stanley Street, Derbyshire, warrants immediate inspection. Its combination of spacious interiors, secure gated living, allocated parking, and excellent investment prospects makes it a truly compelling 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
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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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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_764438094. 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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