Stanley Street, Derby

Nestled within a secure, gated development, this well-proportioned two-bedroom apartment at 87 Stanley Street, Derby, offers an exceptional opportunity for both first-time buyers stepping onto the property ladder and astute investors looking to expand their portfolio. With an attractive asking price of Offers In Region Of £110,000, this property presents a compelling proposition in a desirable location.
Upon entering, you are greeted by a thoughtfully designed interior that maximises space and natural light. The useful entrance hallway boasts the perfect space for storing your shoes, coats and bags.
The heart of this home is the sizeable open-plan reception room and kitchen, a versatile area perfect for both relaxing and entertaining. The kitchen area is well-appointed, providing a functional space for culinary pursuits, while seamlessly connecting to the living area, fostering a sociable atmosphere.
This layout ensures that whether you are enjoying a quiet evening in or hosting friends, the space adapts effortlessly to your lifestyle.
The apartment boasts two generous double bedrooms, each offering a comfortable and private retreat. These rooms provide ample space for furnishings and personal touches, ensuring a restful environment. The master bedroom comes with fitted wardrobe and chest of draws.
Complementing the bedrooms is a well-fitted three-piece suite bathroom, designed with modern living in mind.
One of the standout features of this ground floor apartment is the spacious private and enclosed rear patio. This outdoor sanctuary offers a wonderful extension of the living space, providing a perfect spot for al fresco dining, a morning coffee, or simply unwinding in the fresh air. It’s a valuable asset, particularly for apartment living, offering a sense of privacy and connection to the outdoors.
The property also benefits from an allocated parking space, a significant convenience in any residential area, ensuring ease of access for residents.
Stanley Street is well-situated, sloe to Derby City Centre. Offering excellent access to local amenities, including shops, supermarkets, and eateries, all within easy reach. Commuters will appreciate the convenient transport links, with nearby bus routes and road networks providing straightforward access to Derbyshire's wider areas and beyond, enhancing day-to-day life for residents.
For investors, this apartment holds significant appeal with a potential rental income of £825 per calendar month, promising a healthy return on investment. Offering a potential yield of 9%
The combination of its desirable features, secure location, and strong rental potential makes it an attractive addition to any investment portfolio. For first-time buyers, it represents an accessible entry point into homeownership, offering comfortable and contemporary living in a convenient setting. This apartment truly embodies comfort, style, and possibility, inviting you to imagine a life of ease and enjoyment within its walls. We encourage early viewing to fully appreciate the quality and potential this delightful home has to offer.
107 years left on lease as of march 2007
Service Charge is £1,307.60 per year
Ground Rent is £276.97 per year
Please note that, should your offer be accepted and the property be marked as Sold Subject to Contract (SSTC), an Anti-Money Laundering (AML) compliance fee will be payable for each buyer. This fee covers the required identity verification and compliance checks. Full details of the fee will be provided by Cope & Co.