1 bedroom Flat / Apartment
Friar Gate, Derby
£110,000
Alternatively you can call us on 01332 955197 or visit our Derbybranch
A modern 1-bed, 1-bath apartment in Norman House, City Centre. Open-plan living, allocated parking, chain free, generating £750 PCM. Ideal for investors with tenants in situ.
Investment Opportunity
We are pleased to offer this stylish 1-bedroom, 1-bathroom apartment within the highly regarded Norman House development, situated in the heart of the city centre. This property presents an excellent investment opportunity for buyers seeking a reliable rental income in a sought-after, well-connected location.
The apartment features a bright, open-plan kitchen, living, and dining area designed to maximize space and natural light, providing a comfortable and contemporary living environment. Finished to a high standard throughout, the layout is practical and ideal for modern city living.
The generous bedroom offers ample space, complemented by a modern bathroom, making this apartment ideal for professionals or couples. Additionally, the property benefits from an allocated parking space — a valuable feature in city centre developments.
Currently let at £750 per calendar month, this apartment is a strong investment option. Being sold chain free, it offers a hassle-free purchase process, making it perfect for investors looking to expand their portfolio or secure a steady income.
Norman House is a prestigious, secure development known for its excellent location close to transport links, major employers, shopping, and leisure amenities, ensuring continued tenant demand and potential for capital growth.
Property Reference: HRT013326992
About Derby
Derby in the East Midlands is controlled by Derby City Council, has more than 250,000 residents and has a diverse population. It lies in south Derbyshire on the Banks of the River Derwent and the largest employer in the area is Rolls-Royce, the world’s second-largest aero-engine manufacturer. The city is also the home of the Royal School for the Deaf Derby, and there is a significant deaf population in the community.
Derby plays host to a huge range of big events throughout the year, from the UK’s largest outdoor classical concert to a photography festival and beer festival, to name just a few. Whatever you like to do, you can probably do it in Derby. The Derby QUAD has an art gallery, cinemas, café bar and artists' studios, while Déda is a dance centre, running classes in everything from ballet to circus skills.
£241,883
Average price paid in Derby
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