Offers over

£165,000

(£202/sq. ft)

2 bed flat for sale
Lodge Lane, Derby, Derbyshire DE1

    • 2 beds

    • 2 baths

    • 1 reception

    • 818 sq. ft

  • EPC Rating: C

Just added
Chain free
Leasehold
Added on 02/09/2026

About this property

  • Top Floor Apartment

  • Two Double Bedrooms

  • Master With En Suite

  • Open Plan Living

  • Contemporary Decor Throughout

  • Walking Distance to Derby City Centre

  • No Upward Chain

Leaders Estate Agents are delighted to present this exceptional investment opportunity – a spacious, high specification top floor apartment, ideally located within walking distance of Derby City Centre and offered to the market with no upward chain.

The property is being sold with a tenant in situ, currently achieving £950 per calendar month, providing an immediate rental income and a gross yield of 6.9%. Whether you're looking to expand an existing portfolio or acquire your first buy-to-let investment, this property offers a ready-made income from day one.

Accessed via a secure communal entrance with intercom system, the apartment is finished to a high standard throughout. The welcoming entrance hallway leads to two generously sized double bedrooms, with the principal bedroom benefiting from a contemporary ensuite shower room, while the modern family bathroom is fitted with a stylish three-piece suite.

The standout feature of the property is the impressive open plan living and kitchen area. Filled with natural light from full height feature glazed windows, this bright and spacious room provides a modern living environment. The sleek fitted kitchen offers an excellent range of wall and base units, integrated appliances, and ample workspace, creating a practical yet stylish finish.

Externally, residents benefit from secure gated parking with an allocated parking space, together with well-maintained communal grounds.

Situated within easy reach of Derby City Centre, the property enjoys excellent access to shops, restaurants, transport links, major road networks, and local employers, making it a desirable location for tenants and supporting continued rental demand.

Offering immediate rental income, a 6.9% gross yield, a high specification finish and a sought-after city location, this is an excellent opportunity for investors seeking a well-presented, income-producing property.

Viewing is highly recommended to fully appreciate everything this apartment has to offer.

Mortgage calculator

Monthly repayment

£825 per month

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More information

  • Tenure

    Leasehold (988 years)

  • Service charge

    £1,680 per year

  • Council tax band

    B

  • Ground rent

  • Ground rent date of next review

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