Markeaton Street, Derby, DE1
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- HIGH-YIELD INVESTMENT OPPORTUNITY – generating approx. £9,300+ per annum
- TENANT IN SITU – immediate rental income from day one
- PRIME CITY LOCATION – close to Derby city centre, hospital & university
- STRONG RENTAL DEMAND AREA – ideal for long-term capital growth
- SPACIOUS TWO-BEDROOM APARTMENT – well-proportioned layout throughout
- WELL MAINTAINED & READY-MADE INVESTMENT – no upfront works required
- ATTRACTIVE PRICE POINT – excellent value vs local comparables
- LEASE EXTENSION POTENTIAL – opportunity to add value and increase resale price
- LOW HOLDING COSTS – modest ground rent and service structure
- PERFECT FOR INVESTORS OR FIRST-TIME LANDLORDS – hassle-free addition to any portfolio
Description
**Priced to Sell – Below Market Value – 9.87% Gross Yield – Offers Invited **
An exceptional opportunity to secure a **well-presented two-bedroom top floor apartment** at a price point **significantly more affordable than comparable properties in the area**. Ideal for **first-time buyers**, **buy-to-let investors**, or anyone seeking a **high-yield, low-entry investment**.
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**Accommodation**
The property offers a bright and spacious living room (13'10" x 11'4"), perfect for relaxing or entertaining, alongside a well-sized fitted kitchen (11'2" x 8'2") with ample storage and worktop space.
There are two generously proportioned bedrooms and a modern bathroom with a three-piece suite, creating a **practical, low-maintenance living space**.
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** Investment Opportunity – High Yield / Immediate Income **
* Purchase price: **£95,000**
* Current rent: **£781 PCM (£9,372 per annum)**
* **Gross yield: approx. 9.87%**
* **Income from day one**
* **Low service charges**
* **Strong rental demand location**
Appealing to a wide tenant base, including:
* **Students (close to University)**
* **Healthcare professionals (near Royal Derby Hospital)**
* **Young professionals & city workers (City Centre access)**
A standout **buy-to-let deal** for investors seeking **strong returns at a competitive price point**.
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**? Ideal Starter Home**
* **Affordable entry onto the property ladder**
* **Cheaper than many comparable local properties**
* **Low running costs**
* **Easy to maintain**
Perfect for buyers looking for a **smart, budget-friendly first home** in a well-connected location.
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**External Features**
* Courtyard / resident parking
* Communal gardens
* Well-maintained development
* Secure and convenient setting
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** Location **
Located on Markeaton Street, within **walking distance of Derby City Centre**, with excellent access to shops, amenities, and transport links.
Close to both the **University and Royal Derby Hospital**, ensuring **long-term rental demand and strong resale potential**.
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** Offers Invited – Act Fast **
**High-demand location + strong yield + competitive price = exceptional value.**
**Offers are invited – early enquiry and viewing strongly recommended. Properties at this level do not stay on the market for long.**
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If you want, I can also add phrases like **“cash buyers preferred,” “chain-free,” or “motivated seller”** to push urgency even further depending on the situation. **ENQUIRIES**
For all enquiries, viewing requests or to create your own listing please visit the Emoov website. If calling, please quote reference: S6493
Brochures
Book a viewing- 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.
- Off street,Private,Communal,Visitor
- GARDENA property has access to an outdoor space, which could be private or shared.
- Front garden,Patio,Enclosed garden,Communal garden
- 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
Markeaton Street, Derby, DE1
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Visit our security centre to find out moreDisclaimer - Property reference 6493. 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 Emoov, Chelmsford. 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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