£130,000

1 bed flat for sale
Castleward Boulevard, Derby, Derbyshire DE1

    • 1 bed

    • 1 bath

  • EPC Rating: B

Just added
Leasehold
Added on 16/10/2026

About this property

  • Modern First-Floor Studio Flat

  • Tenant in Situ

  • £9,300 Gross Annual Rental Income

  • Spacious Open-Plan Living Accommodation

  • Secure Gated Access

  • Allocated Parking Space

  • Walking Distance to Derby City Centre

  • Close to Derby Train Station

  • Ideal Investment Opportunity

A modern one-bedroom studio flat situated on the first floor of Mulberry House, offering open-plan living, a modern fitted kitchen, allocated parking and secure gated access. The property is being sold with a tenant in situ, currently achieving a rental income of £775 per calendar month, equivalent to £9,300 per annum. Making it an option for investors seeking a rental investment.

Accessed via an intercom system, the property benefits from well-maintained communal corridors. Upon entering the flat, there is a useful storage cupboard, leading through to the spacious open-plan living accommodation, incorporating the bedroom and living kitchen area.

The modern fitted kitchen includes an oven, hob and extractor fan, while the bathroom is fitted with a walk-in shower cubicle. Further benefits include uPVC double-glazed windows and a modern wall-mounted electric heater.

Externally, the property benefits from secure gated access and an allocated parking space.

Mulberry House occupies a prime location within walking distance of Derby City Centre and Derby Train Station, providing convenient access to a range of shops, restaurants, amenities and transport links.

Agents Note

Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.

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Monthly repayment

£650 per month

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More information

  • Tenure

    Leasehold (248 years)

  • Service charge

    £750 per year

  • Council tax band

    A

  • Ground rent

  • Ground rent date of next review

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Frank Innes - Derby Sales

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