Edensor Square, Derby, DE22
- PROPERTY TYPE
Apartment
- BEDROOMS
4
- BATHROOMS
3
- SIZE
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Key features
- 16% NET Rental Yield
- First Floor
- 103 Years Remaining On The Lease
- Ground Rent £5.83 PCM
- Service Charge: £83.33 PCM
- Council Tax Band A
- Tenants in-situ
- Close to Derby City Centre
Description
Situated on Edensor Square, DE22, the property benefits from a highly desirable residential position within Derby, popular with students, healthcare professionals and long-term tenants due to its proximity to the city centre, major employment hubs and excellent transport links.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected gross yield of over 10–12%, with comparable rental properties in the surrounding DE22 postcode currently achieving between £1,600–£2,400 PCM depending on size, configuration and occupancy levels, supporting continued rental growth potential.
The area continues to benefit from strong tenant demand driven by proximity to the University of Derby, Derby Royal Hospital and key industrial and business parks, making it a resilient and consistently active rental market with low vacancy rates.
The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any investment portfolio within one of Derby’s most established high-yield rental locations.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- 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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Edensor Square, Derby, DE22
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Visit our security centre to find out moreDisclaimer - Property reference 247736. 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 House Sales Direct, Cheadle. 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.
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