Skip to content
When you start a new chat, your current one won't be saved.
Get brand editions for Martin & Co, Derby

Gower Street, Derby

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

559 sq ft

52 sq m

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

  • Two Bedrooms
  • £9300 Per Annum Rent
  • Tenant In Situ
  • Cash Purchase Only
  • Yield Of 18.6%
  • Ground Floor Apartment
  • City Centre Location
  • Leasehold
  • Investment Opportunity
  • EPC Rating D

Description

PROPERTY AND LOCATION Offered for sale with no upward chain is this well positioned, two bedroom first floor apartment, situated within the heart of Derby City Centre. The apartment is accessed via an impressive, front communal entrance, with lifts and stairwell up to the desired floor. Off an internal hallway, the property offers a large lounge/dining room/ kitchen, two good size bedrooms and family bathroom. The property would be an ideal first time buy due to its central location, or provides a fantastic opportunity for an investment purchase, with a potential rental yield over 15%.

Prosperity House is situated in Derby City centre; which has a vast array of local amenities, such as bars, restaurants and shops. The property is well connected with transport links, with the Bus station and Railway station close by, along with all major road links out of the City. 

ENTRANCE HALL With access to the bathroom and open plan into the living area. 

LOUNGE/KITCHEN/DINER 18' 0" x 13' 7" (5.49m x 4.14m) This property features a spacious, open-plan lounge and kitchen area, offering a practical and comfortable space for everyday living.

The modern fitted kitchen comes equipped with white gloss-style cabinets, contrasting dark worktops, an integrated oven, electric hob, stainless steel extractor hood and sink. There is ample cupboard and drawer storage, along with generous worktop space for food preparation.

The lounge area is bright and spacious, benefiting from large windows that allow plenty of natural light to fill the room. The space is carpeted in a neutral tone, with light-coloured walls creating a welcoming atmosphere. There is ample room for a sofa, dining furniture and a home working or study area.

The open-plan layout provides a convenient flow between the kitchen and living space, making it ideal for relaxing, dining and entertaining guests. 

BEDROOM ONE 11' 4" x 10' 9" (3.45m x 3.28m) A spacious and well-presented double bedroom offering a comfortable and relaxing living space. The room benefits from a large double-glazed window, allowing plenty of natural light to flow through, complemented by neutral décor and soft carpeting.

The bedroom comfortably accommodates a double bed and additional furniture, with space for a wardrobe and bedside storage. A wall-mounted electric heater provides warmth and comfort throughout the colder months.

A key feature of this bedroom is its Jack and Jill access to the bathroom, offering added convenience and practicality.

This bright and generously sized bedroom provides an ideal retreat, combining comfort, functionality and easy access to bathroom facilities. 

BATHROOM/W.C A modern and well-presented bathroom featuring a contemporary white three-piece suite, comprising a full-sized panelled bathtub with an overhead shower and glass shower screen, a wash hand basin with vanity storage beneath, and a low-level WC.

The bathroom benefits from stylish neutral wall finishes, practical flooring and a wall-mounted heated towel rail, providing both comfort and functionality.

A key feature is the Jack and Jill access, allowing convenient entry from Bedroom One as well as the communal area.

Finished in a clean, neutral colour scheme, this bathroom offers a bright, practical and comfortable space for everyday use. 

BEDROOM TWO 14' 4" x 7' 11" (4.37m x 2.41m) A generously sized second double bedroom offering a comfortable and versatile living space. The room provides ample space to accommodate a double bed and additional bedroom furniture, making it ideal for use as a guest bedroom, second bedroom or home office.

A key feature of this room is the built-in storage cupboard, providing valuable additional storage space and helping to keep the room organised and clutter-free.

This well-proportioned bedroom offers a practical and comfortable space, perfectly suited to a variety of needs. 

LEASE INFORMATION Lease Length: 250 years from 01.12.2016 = 241 years remaining.
Service Charge: £2345 every 6 months
Ground Rent: £250.00 pa 

LETTINGS NOTES The property is currently let and managed by Martin & Co Derby, achieving a rental income of £775 PCM.

Should you require any further information or wish to discuss the rental valuation in more detail, please contact our Derby team at maddie. . 

Brochures

Key Facts for Buy...Sales Brochure - ...
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.
On street
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.
Lift access

Gower Street, Derby

Approximate location

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Affordability

Monthly repayments£199
Property: £ 40,000
Deposit: £ 4,000
Interest rate: 5.22%
Term: 30 years
Powered byNatwest
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
See similar nearby properties
Get brand editions for Martin & Co, Derby

About Martin & Co, Derby

1 Queen Street, Derby, DE1 3DL

Martin & Co is a family run estate agency situated in a prominent office on Queen Street, Derby. We specialise in marketing and selling homes within the city centre, surrounding suburbs and beyond. Sales manager Matthew Farnsworth has over 20 years experience in the property industry, ably supported by Simon Kelsey FNAEA and a dedicated team of Ruby, Yvie and Maddie. We also specialise in the marketing and sale of HMO properties, overseen by our managing director David McKnight. At Martin & Co, we’re passionate about helping your property stand out from the crowd, attracting the right buyer and achieving the best possible price.📞 Call us on 01332 650068 to discuss your property needs today.

Check how much you can borrow

Whether you're buying by yourself or with someone else, you can:

  • Receive a result instantly
  • Get viewings faster with agents
  • Check with no impact on your credit score
Powered byNatwest
Two happy people looking at phone

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 100691006213. 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 Martin & 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.
**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.