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2 bedroom apartment for sale

Friar Gate, Derby
Featured
Apartment
2 beds
2 baths
Added > 14 days
Just Mortages

Key information

TenureLeasehold | 241 yrs left
Ground rent£108.44 per annum | review period: unconfirmed
Service charge£1,518.15 per annum
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Two spacious double bedrooms
  • En suite to main bedroom
  • Bright open-plan living space
  • Lift and secure fob access
  • One allocated parking space
  • 7.45% gross rental yield
An excellent opportunity to purchase a spacious and contemporary two-bedroom, two-bathroom apartment in the highly regarded Norman House development, right in the heart of Derby city centre. This property offers an ideal turnkey investment, currently generating a 7.45% rental yield with a monthly rent of £900, and the potential to be sold vacant with sufficient notice.

The apartment features a bright and airy open-plan living, dining, and kitchen area, designed for modern city living. The kitchen is fitted with integrated appliances and sleek units, while large windows flood the space with natural light. There are two well-proportioned double bedrooms, with the master bedroom benefitting from a private en suite shower room, and a separate family bathroom finished to a high standard.

Residents enjoy secure fob entry, lift access, and the added benefit of one allocated parking space, a valuable feature in such a central location. The property’s modern design and convenience make it equally appealing to investors and owner-occupiers.

Norman House is situated just a short stroll from Derby’s vibrant Cathedral Quarter, Intu Shopping Centre, and a range of cafés, bars, and restaurants. Excellent transport links are nearby, including Derby Train Station and easy access to the A52 and A6, connecting to Nottingham and the wider East Midlands.

Financial details:
• Service charge: approx. £1,518.15 per annum
• Building insurance: approx. £272.21 per annum
• Ground rent: approx. £108.44 per annum

Multiple apartments of this style and layout are available within the development — ideal for investors looking to expand their portfolio in one of Derby’s most desirable locations.

Rooms

Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

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About this agent

haart Estate Agents - Derby
haart Estate Agents - Derby
25 St James Street Derby DE1 1RF
01332 494591
Full profileProperty listings
Here at haart, we are on a mission to get you moved.   We have unique technology that gets your home hundreds more clicks, agents who listen and will negotiate hard on your behalf and you don’t pay us a penny until we succeed.  Big Benefits.   Being the UK’s largest independent estate agent, our size allows us to invest in the people and technology to get you moved, smart and fast and for more than you might think. No Sale, No Fee.   We don’t think you should pay a penny to someone to sell or let your home, unless they actually do.  So we don’t charge you until we have. As an agent we are members of the Property Ombudsman and the Association of Residential Letting Agents (ARLA) we adhere to a code of practice to ensure complete honesty and transparency in all our dealings with you. 
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