£150,000
(£236/sq. ft)
2 bed flat for saleSomerset Close, Derby, Derbyshire DE22
2 beds
1 bath
1 reception
635 sq. ft
EPC Rating: B
Added on
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.
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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
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