2 bed semi-detached house for sale

87 Stanley Street, Derby, Derbyshire DE22

Superb Two Bedroom Apartment In Gated Derbyshire Development - Excellent Investment

Presented to the market with an asking price of Offers In Region Of £105,000, this superb two-bedroom apartment at 87 Stanley Street, Derbyshire, offers an exceptional opportunity for both first-time buyers and astute investors. Nestled within a desirable gated development, this property combines security with convenience, making it a highly attractive proposition in the current market.

Upon entering, prospective buyers will immediately appreciate the well-proportioned living spaces. The heart of this home is undoubtedly the superb open-plan kitchen and lounge area. This versatile space is designed for modern living, providing ample room for both relaxation and dining. The kitchen area is thoughtfully laid out, offering practical functionality and a contemporary feel, perfect for entertaining or simply unwinding after a long day. The seamless flow between the kitchen and lounge enhances the sense of space and light throughout the main living area.

The apartment boasts two generously sized double bedrooms, providing comfortable and private retreats. Each bedroom offers sufficient space for freestanding furniture, ensuring practicality and comfort for residents. The master bedroom benefits from built in wardrobe and chest of draws. The layout is ideal for a small family, a couple, or even as a shared living arrangement, maximising its appeal to a broad range of potential occupants.

Completing the internal accommodation is a well-appointed three-piece bathroom suite. This modern bathroom is designed with both aesthetics and functionality in mind, featuring contemporary fixtures and fittings that contribute to the overall quality of the apartment.

One of the standout features of this property, particularly for investors, is its impressive rental income potential. With an estimated rental income of between £750 and £795 per calendar month, this apartment offers a potential yield of approximately 8.57%. This makes it an incredibly attractive investment opportunity, promising strong returns in a sought-after location. The high yield potential underscores the property's value as a buy-to-let asset. Further enhancing the property's appeal is the inclusion of allocated parking, a significant advantage in any residential area, providing convenience and peace of mind for vehicle owners. The gated development itself adds an extra layer of security, contributing to a safe and pleasant living environment.

Location is key, and 87 Stanley Street benefits from its proximity to a wealth of local amenities. Residents will find themselves within easy reach of shops, supermarkets, schools, and leisure facilities, catering to all daily needs. Furthermore, the property offers excellent access to local travel routes, ensuring straightforward commutes and connectivity to surrounding areas, which is a crucial factor for many buyers and tenants.

Environmentally conscious buyers will be pleased to note the property's EPC Rating of C, indicating good energy efficiency, which can lead to lower utility bills. The Council Tax Band A also signifies lower annual outgoings, adding to the financial attractiveness of this apartment.

In summary, this two-bedroom apartment presents an ideal opportunity to acquire a well-maintained property with superb potential. Whether you are a first-time buyer seeking a comfortable and convenient home, or an investor looking for a high-yielding asset, this property at 87 Stanley Street, Derbyshire, warrants immediate inspection. Its combination of spacious interiors, secure gated living, allocated parking, and excellent investment prospects makes it a truly compelling offering on the market.

107 years left on lease as of march 2007
Service Charge is £1,307.60 per year
Ground Rent is £276.97 per year
£132pcm