Lodge Lane, Derby, Derbyshire
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Key features
- Top Floor Apartment
- Two Double Bedrooms
- Master With En Suite
- Open Plan Living
- Contemporary Decor Throughout
- Walking Distance to Derby City Centre
- No Upward Chain
Description
Leaders Estate Agents are delighted to present this exceptional investment opportunity – a spacious, high specification top floor apartment, ideally located within walking distance of Derby City Centre and offered to the market with no upward chain.
The property is being sold with a tenant in situ, currently achieving £950 per calendar month, providing an immediate rental income and a gross yield of 6.9%. Whether you're looking to expand an existing portfolio or acquire your first buy-to-let investment, this property offers a ready-made income from day one.
Accessed via a secure communal entrance with intercom system, the apartment is finished to a high standard throughout. The welcoming entrance hallway leads to two generously sized double bedrooms, with the principal bedroom benefiting from a contemporary ensuite shower room, while the modern family bathroom is fitted with a stylish three-piece suite.
The standout feature of the property is the impressive open plan living and kitchen area. Filled with natural light from full height feature glazed windows, this bright and spacious room provides a modern living environment. The sleek fitted kitchen offers an excellent range of wall and base units, integrated appliances, and ample workspace, creating a practical yet stylish finish.
Externally, residents benefit from secure gated parking with an allocated parking space, together with well-maintained communal grounds.
Situated within easy reach of Derby City Centre, the property enjoys excellent access to shops, restaurants, transport links, major road networks, and local employers, making it a desirable location for tenants and supporting continued rental demand.
Offering immediate rental income, a 6.9% gross yield, a high specification finish and a sought-after city location, this is an excellent opportunity for investors seeking a well-presented, income-producing property.
Viewing is highly recommended to fully appreciate everything this apartment has to offer.
- 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: B
- 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.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Lodge Lane, Derby, Derbyshire
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Visit our security centre to find out moreDisclaimer - Property reference DYC240055. 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 Leaders Sales, 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. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.