Ashley Adams says ..
An excellent opportunity for a buyer to let investor ( tenant in situ at £600 PCM ) of first time buyer to acquire a spacious one bedroom apartment in the heart of the popular Cathedral Quarter area of the City.
Property Oracle says ..
This one-bedroom apartment located in Derby’s Arboretum area presents a reasonable option for first-time buyers or buy-to-let investors. The property’s location in the Cathedral Quarter provides access to the vibrant city centre, amenities, and well-regarded schools. The apartment itself seems well-maintained based on the photos, though minor cosmetic updates would likely enhance the aesthetic appeal. However, the lack of outdoor space, which is typical for an apartment, is a notable factor. The price appears to be in line with comparable properties in the area, making it a relatively competitive listing. Prospective buyers should conduct thorough inspections and consider any associated service charges or other costs associated with apartment living.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 731.95
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 241,538.00 £Increased by 19.85 %
- Est sale value
- 232,028.15 £Increased by 20.99 %
- Average area rental value
- 906.00 £/moIncreased by 1.12 %
- Est letting value
- 731.95 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.50 %Decreased by 15.73 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Ashley Adams created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Landau Forte College | Academy Sponsor Led | Outstanding | 0.62 KM |
| St Mary'S Catholic Voluntary Academy | Academy Converter | 0.76 KM | |
| Central Community Nursery School | Local Authority Nursery School | Good | 0.82 KM |
| West End Children'S Centre | Children's Centre | 0.91 KM | |
| The Kingsmead School | Pupil Referral Unit | Good | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sowter Road | £ 170,000 | 0 | 0.00 KM |
| Sadlergate Bridge | £ 0 | 0 | 0.00 KM |
| Saint Mary's Court | £ 0 | 0 | 0.00 KM |
| Sant Alkmund's Green Open Space | £ 0 | 0 | 0.00 KM |
| Riverside Path | £ 115,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby | 1823 | DBY | 1.90 KM |
| Peartree | 1687 | PEA | 3.16 KM |
| Duffield | 1691 | DFI | 7.11 KM |
| Spondon | 1699 | SPO | 7.57 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Queen Street, Derby | £ 89,950 | BUY | 5 / 10 | 0.00 KM |
| Queen Street, Derby | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| St. Marys Gate, Derby, DE1 | £ 245,000 | BUY | 4 / 10 | 0.09 KM |
| St Marys Gate, Derby, Derbyshire | £ 275,000 | BUY | 6 / 10 | 0.10 KM |
| St Mary's Gate, Derby, City Of Derby | £ 215,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36 Sadler Gate | £ 20,000 | 0.26 KM |
| 1 Handyside Street | £ 100,000 | 0.33 KM |
| 8 Handyside Street | £ 119,000 | 0.33 KM |
| 28 Handyside Street | £ 96,000 | 0.33 KM |
| 2 Handyside Street | £ 152,000 | 0.33 KM |