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2 Bed Flat, Single Let, Derby, DE1 1NU £145,000

Friar Gate, Derby, DE1 1NU - 4 months ago
  1. Deal Search
  2. Derby
  3. DE1
  4. DE1 1NU
Leasehold
BTL
ROI: 4%
~68 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Derby
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  • More Single Let Deals in Derby
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Property History

Listed for £145,000

August 5, 2025

Floor Plans

Description

  • Impressive investment opportunity +
  • 2 Bed 2 Bath Apartment +
  • No upward chain +
  • Earning £900 PCM +
  • Tenants in situ +
  • Ideal city centre location +

We are delighted to present this beautifully maintained 2-bedroom, 2-bathroom apartment in the sought-after Norman House building, offering an excellent opportunity for both investors and owner-occupiers alike. Situated in the heart of the City Centre, this property enjoys a superb location with outstanding access to transport links, major employers, retail outlets, and a variety of leisure amenities, ensuring strong and sustained tenant demand.

The apartment boasts a bright, open-plan kitchen, living, and dining area designed to maximize space and natural light, creating a welcoming and contemporary environment perfect for modern city living. Finished to a high standard throughout with modern fittings and quality craftsmanship, the layout is both practical and comfortable.

Two spacious bedrooms provide ample accommodation, complemented by two contemporary bathrooms — ideal for families, sharers, or professional tenants. The property also benefits from the rare and highly sought-after convenience of an allocated parking space, a significant advantage in a city centre development.

Currently tenanted and generating a reliable income of £900 per calendar month, this apartment represents a fantastic investment opportunity. The sale is chain free, allowing for a smooth and efficient purchase process, making it ideal for buyers looking for a hassle-free rental income or a valuable addition to their property portfolio.

Norman House is a prestigious residential development known for its secure and well-maintained environment, making it a popular choice for professionals and city dwellers alike. With excellent transport connections and a wealth of local amenities on your doorstep, this location ensures ongoing tenant demand and strong capital growth potential.

Additionally, this apartment is available as part of a larger investment opportunity, with a range of 25 apartments within the Norman House block currently offered for sale. This presents a rare chance for investors to acquire multiple units within a well-regarded development, maximizing rental income potential and portfolio growth.

Don’t miss out on this outstanding opportunity to secure a stylish, well-presented apartment in one of the city’s most desirable locations. Contact us today to arrange a viewing or for further information.

Agent Details

haart, Derby

01332 215411

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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