Just added

£150,000

(£236/sq. ft)

2 bed flat for sale
Somerset Close, Derby, Derbyshire DE22

    • 2 beds

    • 1 bath

    • 1 reception

    • 635 sq. ft

  • EPC Rating: B

  • Leasehold

Added on

Leaders - Derby

Logo of Leaders - Derby

About this property

  • Two double bedrooms

  • Open plan kitchen/Living space

  • Allocated parking

  • Excellent location

Situated within the popular Manor Kingsway development, this superb second-floor apartment offers spacious, modern living and presents an excellent opportunity for investors, first-time buyers and downsizers alike.

An attractive investment opportunity, with an asking price of £150,000 and rental income of £892 per calendar month, equating to an approximate gross rental yield of 7.1% per annum.

The property features a bright and airy open-plan living area with a contemporary fitted kitchen and Juliet balcony, allowing plenty of natural light into the space.

There are two well-proportioned double bedrooms, with the master bedroom benefiting from an en-suite shower room. The apartment also offers a modern family bathroom, useful utility storage cupboard and a generous entrance hallway.

Further benefits include gas central heating throughout, an allocated parking space and a secure intercom entry system. Ideally located for Royal Derby Hospital, Kingsway Retail Park, Derby city centre and major road links, including the A38, this property is perfectly positioned for convenient everyday living.

Whether you're looking for your first home, a more manageable property, or an investment opportunity, this apartment offers a versatile option in a convenient location.

Zoopla tools

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Local area information

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

  • Tenure

    Leasehold (114 years)

  • Service charge

    £2,400 per year

  • Council tax band

    B

  • Ground rent

    £250

  • Ground rent date of next review

See all recent sales in DE22

Property descriptions and related information displayed on this page are marketing materials provided by - Leaders - Derby. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Leaders - Derby for full details and further information.