2 Bed Flat, Single Let, Derby, DE1 2EB £185,000

Stuart Street, Derby, DE1 2EB - 3 views - a year ago
Leasehold
BTL
~68 m²
Property image
Property image

ValuationOvervalued

Sold Prices£47.5K - £174K
Sold Prices/m²£950/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£135,374

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£11,650

Total Cash In

£57,900

 

 

Cash Out

 

Rent Range

£725 - £1,950

Rent Estimate

£759

Running Costs/mo

£750

Cashflow/mo

£9

Cashflow/yr

£109

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £47.5K to £174K, average is £124.8K. £950/m² to £2.9K/m², average is £1.8K/m².

Price
Date
Distance
Address
Beds
 
£129K10/240.02 mi7 Derby Riverside, Apartment 21, Stuart Street, Derby DE1 2EB2
£126.3K12/240.02 miApartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB2
£126.3K12/240.02 miApartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB2
£97.5K10/240.15 mi26, St Marys Court, Derby DE1 3DD2
£112K05/240.18 miCity Walk, 5, City Road, Derby DE1 3QD2
£116K05/210.18 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£157K11/240.23 miThe School Yard, 8, Edward Street, Derby DE1 3BL2
£157K11/240.23 mi8, The School Yard, Edward Street, Derby DE1 3BL2
£114K01/230.24 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£47.5K10/240.28 miMillers Court, 5, Edward Street, Derby DE1 3BN2
£90K05/250.28 mi5, Millers Court, Edward Street, Derby DE1 3BN2
£110K04/240.3 miParkland View, Flat 36, Bath Street, Derby DE1 3FG2
£123K03/250.31 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£123K03/250.31 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£118K06/240.33 miParkland View, Flat 81, Bath Street, Derby DE1 3FG2
£174K11/240.36 miWeavers Point, 9, Lodge Lane, Derby DE1 3HE2
£174K11/240.36 mi9, Weavers Point, Lodge Lane, Derby DE1 3HE2
£122K01/250.38 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£122K01/250.38 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£150.3K04/250.41 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£150.3K04/250.41 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£146K08/220.41 miLongs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG2
£163.5K07/250.43 mi2b, Belper Road, Derby DE1 3EN2
£143K12/220.43 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£140K03/230.46 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£125K08/240.47 mi56, Drage Street, Derby DE1 3RW2
£127.5K07/210.48 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£85K10/210.51 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£101.5K06/240.52 miCentro West, 50, Searl Street, Derby DE1 1BW2
£135K08/220.55 mi41, Auriga Court, Derby, City Of Derby DE1 3RH2
£160K05/240.58 miWestgate, Flat 21, Mill Street, Derby DE1 1DH2
£90K07/220.58 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£119K07/230.63 mi25, Magnus Court, Derby DE21 4TQ2
£110K05/220.63 miFlat 18, Derwent House, Huntingdon Green, Derby, City Of Derby DE21 6AB2
£124.5K06/230.63 mi23, Magnus Court, Derby DE21 4TQ2
£127.5K07/230.63 mi21, Magnus Court, Derby, City Of Derby DE21 4TQ2
£124.5K06/230.63 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109K03/220.63 mi15, Magnus Court, Derby, City Of Derby DE21 4TQ2
£138K01/230.63 mi33, Magnus Court, Derby, City Of Derby DE21 4TQ2
£48K09/210.63 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£135K02/250.63 mi53, Magnus Court, Derby DE21 4TQ2
£135K02/250.63 mi53, Magnus Court, Derby DE21 4TQ2
£85K06/210.63 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£127.5K07/230.63 mi21, Magnus Court, Derby DE21 4TQ2
£121.3K01/220.64 mi11, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117.5K05/220.64 mi41, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.64 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£125K07/220.64 mi31, Magnus Court, Derby, City Of Derby DE21 4TQ2
£130K02/240.64 mi27, Magnus Court, Derby DE21 4TQ2
£130K02/240.64 mi27, Magnus Court, Derby DE21 4TQ2

Local Rents

50 rents from £725/mo to £1.9K/mo, average is £995/mo.

Rent
Date
Distance
Address
Beds
 
£90008/250 miStuart Street, Derby2
£89503/240 miRiverside House, Stuart Street2
£90003/240 miDerby Riverside, Derby, DE1 2EB2
£87503/240 miDerby Riverside, Stuart Street, Derby, DE1 2EB2
£92504/240 miStuart Street, DERBY2
£90006/250 miDerby Riverside, Stuart Street, Derby, DE1 2EB2
£90006/250 miDerby Riverside, 7 Stuart Street2
£1,00007/250 miRiverside House, Stuart Street, Derby2
£90008/250 miStuart Street, Derby, DE12
£90011/250 miStuart Street, Derby, DE12
£92511/250 miDerby Riverside, Stuart Street, Derby, DE1 2EB2
£80009/250 miStuart Street, Derby, Derbyshire, DE12
£79508/250 miStuart Street, Derby2
£79508/250.01 miApt Riverside House Stuart Street, Derby City2
£77507/250.01 miThe Riverside Development, Stuart Street, Derby, DE1 2EB2
£1,15009/250.01 miStuart Street, Derby Riverside, DE12
£87503/240.02 miRiverside, Stuart Street2
£77508/250.02 miStuart Street, Derby, DE1 2EB2
£72508/250.02 miStuart Street, Derby, DE1 2EB2
£75007/250.02 miRiverside House, Stuart Street, Derby, DE1 2EB2
£89508/250.02 miDerby Riverside, 7 Stuart Street, Derby, Derbyshire, DE1 2EB2
£1,70004/250.02 mi-2
£1,40005/250.02 mi-2
£1,50006/250.02 mi-2
£1,50006/250.02 mi-2
£1,40005/250.02 miDerby Riverside, Derby, DE12
£1,50006/250.02 miDerby Riverside, Derby, DE12
£95004/240.02 miStuart Street, Derby2
£99508/250.02 mi-2
£99508/250.02 miRiverside, Derby, DE12
£97510/250.02 miDerby Riverside, 7 Stuart Street, Derby, Derbyshire, DE1 2EB2
£92511/250.02 miStuart Street, Derby, DE12
£87507/250.02 miRiverside House, Derby2
£90008/250.02 miRiverside House, Derby2
£1,70005/240.02 miDerby Riverside, Derby, DE12
£1,95005/240.02 mi-2
£1,70005/240.02 mi-2
£1,80012/240.02 mi-2
£1,85012/240.02 mi-2
£1,70012/240.02 mi-2
£1,65012/240.02 mi-2
£1,69512/240.02 mi-2
£1,69512/240.02 mi-2
£1,69912/240.02 mi-2
£1,65012/240.02 mi-2
£1,80001/250.02 mi-2
£1,65001/250.02 mi-2
£1,70001/250.02 mi-2
£1,75001/250.02 mi-2
£1,85003/250.02 mi-2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.72 miles away

Nearest school

0.10 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £185,000

August 3, 2025

Price changed to £190,000

May 15, 2025

Listed for £200,000

October 23, 2024

Floor Plans

Property image

Description

  • Third-floor apartment with river views +
  • Two large double bedrooms, one with ensuite +
  • Two balconies +
  • Fully furnished - ready to move in or rent out +
  • Modern open-plan kitchen/living space with integrated appliances +
  • Allocated off-road parking +
  • Secure entry with intercom system +
  • Walking distance to Derby City Centre, shops, and transport links +

SUMMARY
A spacious and fully furnished two-bedroom, two-bathroom third-floor apartment with two balconies overlooking the River Derwent. Ideally located close to Derby Cathedral, Museum of Making and Derby City Centre. Offered with no onward chain, this property is perfect for first-time buyers or investors

DESCRIPTION
This stylish and spacious third-floor apartment offering panoramic views of the River Derwent and a vibrant lifestyle just minutes from Derby City Centre. Sold fully furnished, this modern two-bedroom home is ideal for first-time buyers or investors looking for a high-quality opportunity.
Step inside to a bright open-plan living and kitchen area, with natural lighting from floor-to-ceiling windows and opening onto a private riverside balcony. The kitchen is sleek and functional, featuring integrated appliances including an oven, hob, microwave, fridge/freezer, and dishwasher.
The master bedroom offers a peaceful retreat, complete with a king-size bed, generous storage, and its own private balcony overlooking the water. It also benefits from a modern ensuite shower room. The second double bedroom is equally spacious and enjoys river views.
The main bathroom includes a bath with shower over, contemporary fixtures, and a heated towel rail. There's also a utility cupboard with washer/dryer. The entire apartment is warmed by efficient electric heating.
Outside, you'll benefit from a secure, allocated parking space and key fob access to the well-maintained communal areas. The building is positioned in a quiet, riverside location - just a short stroll to Derby Cathedral, Museum of Making, restaurants and shops. Commuting is effortless with easy access to the A38 and A52
Offered with no onward chain, this is a turnkey property ready for you to move in or rent out immediately.

Entrance Hallway 
Accessed via secure communal areas with entry phone system, cupboard with washing machine/dryer and recess spot lighting.

Kitchen/Living 15' 4" x 22' 6" ( 4.67m x 6.86m )
With balcony having views over the river Derwent and comes fully furnished with a three seater sofa, two seater sofa and sofa chair, a pouf, six seater table ,electric heater, kitchen area being fitted with wall and base units with work surfaces incorporating a sink and drainer, integrated oven, hob and microwave with cooker hood, integrated fridge/freezer,dishwasher, laminate flooring and recess spot lighting.

Bedroom One  11' 7" x 17' ( 3.53m x 5.18m )
Comes fully furnished with king size bed, two bedside tables, wardrobe, two set of drawer as well as balcony, electric heater and door to ensuite.

Ensuite  
Fitted with a three piece suite comprising of shower cubical, low level wc, wash hand basin and heated towel rail.

Bedroom Two 17' 6" x 12' 4" ( 5.33m x 3.76m )
Comes fully furnished with single bed, two large wardrobes, bedside table, two set of drawers as well as double glazed window and electric heater.

Bathroom  
Fitted with a three-piece suite comprising of bath with shower over, low level wc, wash hand basin, part tiling to walls and heated towel rail.

Outside  
Can be found a allocated off road car parking.

Lease details are currently being compiled. For 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. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Ashley Adams, Derby

01332 215448

Next Steps?

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