Norman House, Derby

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£130,000

Home Buyer Report for Norman House, Derby

Get to know this home before you view. One report brings together the listing, property records and local sold prices, so you know what to look out for, what to ask and what to offer.

What's included

  • Condition, read from every photo and the floorplan
  • Where the listing contradicts the records
  • Sold prices on the street and nearby comparables
  • Planning history, here and next door
  • Council tax, stamp duty and what upgrades would cost
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Bedrooms
2
Bathrooms
2
Living Spaces
1
Type
Flat
Ownership
Leasehold
Area
693 sqft
Price per area
£188 /sqft

Floorplan & Rooms

Double
1 Double Room
Single
1 Single Room
Bathrooms
2 Bathrooms
Living Spaces
1 Living Space

Features

Hall
Move in Ready
Open-Plan Kitchen

Information

Energy Performance
Current EPC
75 C
Potential EPC
75 C

Description

Step into a world of urban convenience and smart investment with this exceptional two-bedroom apartment, perfectly positioned in Derby's vibrant Friar Gate. This property isn't just a place to live; it's a strategic opportunity, offering an impressive 8.3% Return on Investment with a guaranteed rent of £900 per calendar month on completion. Imagine the comfort of knowing your investment is working hard for you from day one, providing a steady income stream in a sought-after city location.
Inside, you'll find a thoughtfully designed living space that balances modern aesthetics with everyday practicality. The bright, open-plan living area is the heart of the home, offering a versatile space for relaxation, dining, and entertaining. The kitchen seamlessly integrates, providing a functional yet stylish environment.
This apartment boasts two spacious double bedrooms, ensuring ample room for residents or guests. The master bedroom is a true sanctuary, complete with its own en-suite bathroom, offering a private retreat for unwinding after a busy day. A second well-appointed bathroom serves the additional bedroom and guests, enhancing the overall convenience.
Throughout, the rooms feel generous and welcoming, creating an inviting atmosphere. For added peace of mind and accessibility, the building benefits from secure fob access and a lift, making daily life effortless. An allocated parking space is a significant advantage in this central location, removing the usual city parking concerns.
Beyond the apartment itself, the Friar Gate location places you at the epicentre of Derby's cultural and social scene. Enjoy easy access to an array of independent shops, cafes, restaurants, and entertainment venues, all within a short stroll. Excellent transport links connect you to the wider city and beyond, making commuting straightforward.
This property is not only a fantastic home but also a robust investment, particularly appealing to those looking for a reliable income stream with the added benefit of an allocated parking space. With an EPC Rating of C and Council Tax Band C, it represents an efficient and well-managed property. We believe in providing clear, honest advice, and this apartment truly offers a compelling proposition for both investors and those seeking a comfortable city lifestyle. We're here to help you navigate the market and achieve your property objectives, ensuring you feel supported every step of the way.
Key Features:
* Rent On Completion - £900pcm
* Allocated Parking Space
* Two Spacious Double Bedrooms
* Bright Open-Plan Living Space
* Lift & Secure Fob Access
* Master Bedroom With En Suite
* 8.3% ROI
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.

Price Guide

This Home
£188 / sqft
Area Average
£186 / sqft
Price per Area
£95 / sqft
Lowest
£188 / sqft
This Home
£460 / sqft
Highest
Data referenced at time of publishing on Jitty

Estate agent

Cope & Co

Location

Town or Village
defined as 'urban city and town'
Click to load map

The information provided within this property listing is accurate to the best of our knowledge and research. Please see details of how we gather information in paragraph 3 of our T&Cs.

Please contact the appointed agent, or the vendor, for any missing information and to ensure the accuracy of all details. It is essential that you carry out your own Due Diligence in relation to any property purchases.

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