£150,000

(£236/sq. ft)

2 bed flat for sale
Somerset Close, Derby, Derbyshire DE22

    • 2 beds

    • 1 bath

    • 1 reception

    • 635 sq. ft

  • EPC Rating: B

Just added
Leasehold
Added on 22/10/2026

About this property

  • Two double bedrooms

  • Open plan kitchen/Living space

  • Allocated parking

  • Excellent location

Situated within the popular Manor Kingsway development, this superb second-floor apartment offers spacious, modern living and presents an excellent opportunity for investors, first-time buyers and downsizers alike.

An attractive investment opportunity, with an asking price of £150,000 and rental income of £892 per calendar month, equating to an approximate gross rental yield of 7.1% per annum.

The property features a bright and airy open-plan living area with a contemporary fitted kitchen and Juliet balcony, allowing plenty of natural light into the space.

There are two well-proportioned double bedrooms, with the master bedroom benefiting from an en-suite shower room. The apartment also offers a modern family bathroom, useful utility storage cupboard and a generous entrance hallway.

Further benefits include gas central heating throughout, an allocated parking space and a secure intercom entry system. Ideally located for Royal Derby Hospital, Kingsway Retail Park, Derby city centre and major road links, including the A38, this property is perfectly positioned for convenient everyday living.

Whether you're looking for your first home, a more manageable property, or an investment opportunity, this apartment offers a versatile option in a convenient location.

Mortgage calculator

Monthly repayment

£750 per month

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More information

  • Tenure

    Leasehold (114 years)

  • Service charge

    £2,400 per year

  • Council tax band

    B

  • Ground rent

    £250

  • Ground rent date of next review

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