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Gower Street, Derby

PROPERTY TYPE

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.

Key features

  • Fourth-floor apartment in Prosperity House
  • Currently tenanted, generating £800 PCM
  • Two spacious double bedrooms
  • Open-plan kitchen, living and dining room
  • Bathroom with dual access from the hall and principal bedroom

Description


SUMMARY
Situated on the fourth floor of Prosperity House, this well-presented two-bedroom apartment is currently tenanted, generating £800 PCM rental income. Offering two double bedrooms, a bathroom with dual access, open-plan living space and useful storage, it presents an ideal investment opportunity.


DESCRIPTION
Located on the fourth floor of the popular Prosperity House development on Gower Street, this spacious two-bedroom apartment presents an excellent investment opportunity and is currently tenanted, generating a rental income of £800 per calendar month.

The property is accessed via a welcoming entrance hall which provides access to the main accommodation. To the right is the family bathroom, fitted with a bath, wash hand basin and WC. The bathroom also benefits from direct access from Bedroom One, creating a convenient Jack-and-Jill arrangement.

Bedroom One is a generous double room offering ample space for freestanding furniture and enjoys the added benefit of direct bathroom access. Continuing through the apartment, the heart of the home is the bright and spacious open-plan kitchen, living and dining area. Designed for modern living, this versatile space provides room to relax, dine and entertain, with the kitchen seamlessly incorporated into the layout.

A second well-proportioned double bedroom is located off the living area and benefits from a large built-in storage cupboard, providing valuable additional storage space.

Currently tenanted and producing £800 PCM, the apartment offers immediate income for investors seeking a ready-made addition to their portfolio. Prosperity House is conveniently located for access to local amenities, transport links and the city centre, making it a popular choice with tenants and owner-occupiers alike.

About The Area 
Prosperity House is ideally situated on Gower Street, a highly convenient location offering easy access to the city centre, local shops, supermarkets, restaurants and leisure facilities. Excellent transport links are available nearby, making commuting straightforward for both road and public transport users. The area remains a popular choice for professionals and renters due to its central position, range of amenities and easy access to major employment hubs, supporting strong and consistent rental demand.

Agents Note 
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Brochures

PDF Property ParticularsFull Details
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.
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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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Gower Street, Derby

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Affordability

Monthly repayments£301
Property: £ 60,000
Deposit: £ 6,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Bagshaws Residential, Derby

32 - 34 Cornmarket Derby DE1 2DG
Industry affiliations:

Established in 1988, Bagshaws Residential is a trusted name serving Derbyshire and Staffordshire with residential sales and lettings. We combine traditional values with modern expertise to support your property journey. Looking for help with your property needs? Contact us today.

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Disclaimer - Property reference DBY122147. 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 Bagshaws Residential, 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.