2 bed flat for sale

Rowleys Mill, Uttoxeter New Road, Derby, Derbyshire DE22

Spacious Two-Bedroom Ground Floor Apartment In Gated Development

Presenting an outstanding opportunity for both astute investors and first-time buyers, this spacious two-bedroom ground floor apartment is now available for sale, offered at Offers In Region Of (oiro) £105,000. Located within a highly sought-after, secure gated complex on Uttoxeter New Road, Derby, this property combines convenience with comfort.

Upon entering, you are greeted by the useful entrance hallway. Walking through is the generously proportioned reception room, providing ample space for both living and dining areas, perfect for relaxation and entertaining. The apartment features a sizeable galley kitchen, thoughtfully designed to maximise space and functionality, offering plenty of storage and worktop areas for culinary enthusiasts. With useful broom cupboard.

This property boasts two well-proportioned double bedrooms, each offering a peaceful retreat and sufficient space for bedroom furniture, ensuring comfortable living for residents. Master benefiting from fitted wardrobes. A modern, well-appointed bathroom serves both bedrooms.

One of the most compelling aspects of this apartment is its strong investment potential. With a projected rental income of £825 - £850 per calendar month, this translates to a potential gross annual income of £10,200. This impressive figure suggests a potential gross yield of 9.71% based on the asking price, making it an incredibly attractive proposition for buy-to-let investors seeking a robust return.

Further enhancing its appeal, the property benefits from a remarkably long lease, with an impressive 108 years remaining, providing peace of mind and security for future owners. Practical amenities include allocated parking for one vehicle, ensuring convenience for residents.

Energy efficiency is another key feature, with an EPC Rating of C, indicating good energy performance and potentially lower utility bills. The property falls within Council Tax Band B, offering reasonable local taxation. The secure, gated complex provides an added layer of privacy and safety, contributing to a desirable living environment.

Situated on Uttoxeter New Road, the apartment benefits from excellent access to local amenities, transport links, and the vibrant community of Derbyshire. Whether you are looking to step onto the property ladder, downsize, or expand your investment portfolio, this apartment offers a compelling blend of space, location, and financial viability. Early viewing is highly recommended to fully appreciate the quality and potential of this exceptional property.

Ground rent per annum; £12
Service charge per annum; £1709
Years remaining on lease; 108 Years

Buyers are advised to confirm the above details, through a solicitor when purchasing.