- Two spacious double bedrooms +
- En suite to main bedroom +
- Bright open-plan living space +
- Lift and secure fob access +
- One allocated parking space +
- 7.45% gross rental yield +
An excellent opportunity to purchase a spacious and contemporary two-bedroom, two-bathroom apartment in the highly regarded Norman House development, right in the heart of Derby city centre. This property offers an ideal turnkey investment, currently generating a 7.45% rental yield with a monthly rent of £900, and the potential to be sold vacant with sufficient notice.
The apartment features a bright and airy open-plan living, dining, and kitchen area, designed for modern city living. The kitchen is fitted with integrated appliances and sleek units, while large windows flood the space with natural light. There are two well-proportioned double bedrooms, with the master bedroom benefitting from a private en suite shower room, and a separate family bathroom finished to a high standard.
Residents enjoy secure fob entry, lift access, and the added benefit of one allocated parking space, a valuable feature in such a central location. The property’s modern design and convenience make it equally appealing to investors and owner-occupiers.
Norman House is situated just a short stroll from Derby’s vibrant Cathedral Quarter, Intu Shopping Centre, and a range of cafés, bars, and restaurants. Excellent transport links are nearby, including Derby Train Station and easy access to the A52 and A6, connecting to Nottingham and the wider East Midlands.
Financial details:
• Service charge: approx. £1,518.15 per annum
• Building insurance: approx. £272.21 per annum
• Ground rent: approx. £108.44 per annum
Multiple apartments of this style and layout are available within the development — ideal for investors looking to expand their portfolio in one of Derby’s most desirable locations.