Markeaton Street, Derby

Property Reference: S6493Listing StatusFor SaleBedrooms2bathrooms1Property typeFirst Floor FlatEPC Rating Download EPC Floor PlanDownload FPVirtual TourVirtual TourKey Features HIGH-YIELD INVESTMENT OPPORTUNITY – generating approx. £9,300+ per annum TENANT IN SITU – immediate rental income from day one PRIME CITY LOCATION – close to Derby city centre, hospital & university STRONG RENTAL DEMAND AREA – ideal for long-term capital growth SPACIOUS TWO-BEDROOM APARTMENT – well-proportioned layout throughout WELL MAINTAINED & READY-MADE INVESTMENT – no upfront works required ATTRACTIVE PRICE POINT – excellent value vs local comparables LEASE EXTENSION POTENTIAL – opportunity to add value and increase resale price LOW HOLDING COSTS – modest ground rent and service structure PERFECT FOR INVESTORS OR FIRST-TIME LANDLORDS – hassle-free addition to any portfolioFull Description --- **Priced to Sell – Below Market Value – 11.7% Gross Yield – Offers Invited ** An exceptional opportunity to secure a **well-presented two-bedroom top floor apartment** at a price point **significantly more affordable than comparable properties in the area**. Ideal for **first-time buyers**, **buy-to-let investors**, or anyone seeking a **high-yield, low-entry investment**. --- **Accommodation** The property offers a bright and spacious living room (13'10" x 11'4"), perfect for relaxing or entertaining, alongside a well-sized fitted kitchen (11'2" x 8'2") with ample storage and worktop space. There are two generously proportioned bedrooms and a modern bathroom with a three-piece suite, creating a **practical, low-maintenance living space**. --- ** Investment Opportunity – High Yield / Immediate Income ** * Purchase price: **£95,000** * Current rent: **£781 PCM (£9,372 per annum)** * **Gross yield: approx. 9.87%** * **Income from day one** * **Low service charges** * **Strong rental demand location** Appealing to a wide tenant base, including: * **Students (close to University)** * **Healthcare professionals (near Royal Derby Hospital)** * **Young professionals & city workers (City Centre access)** A standout **buy-to-let deal** for investors seeking **strong returns at a competitive price point**. --- **? Ideal Starter Home** * **Affordable entry onto the property ladder** * **Cheaper than many comparable local properties** * **Low running costs** * **Easy to maintain** Perfect for buyers looking for a **smart, budget-friendly first home** in a well-connected location. --- **External Features** * Courtyard / resident parking * Communal gardens * Well-maintained development * Secure and convenient setting --- ** Location ** Located on Markeaton Street, within **walking distance of Derby City Centre**, with excellent access to shops, amenities, and transport links. Close to both the **University and Royal Derby Hospital**, ensuring **long-term rental demand and strong resale potential**. --- ** Offers Invited – Act Fast ** **High-demand location + strong yield + competitive price = exceptional value.** **Offers are invited – early enquiry and viewing strongly recommended. Properties at this level do not stay on the market for long.** --- If you want, I can also add phrases like **“cash buyers preferred,” “chain-free,” or “motivated seller”** to push urgency even further depending on the situation. Parking Communal Parking Private Parking Off-street Parking In/Out Driveway Visitor Parking Rear ParkingOutside Space Communal Garden Shared Garden Front Garden Enclosed Garden PatioHeating Gas Gas Central HeatingleaseholdGround Rent£100Annual Service Charge£0Years Remaining63Markeaton Street, Derby, DE1£100,000offers-overHow much can I borrow?Find out moreSelect Time Arrange a viewing Ask the owner a questionMake an offer