£60,000

Bright and modern two-bedroom apartment now available in Derby, through Shared Ownership.

The apartment features an entrance hall, an open plan living room and kitchen, two bedrooms, and one bathroom.

The apartment is on the second floor and offers residents one allocated parking space.

Available for £60,000 for 50% share based on the marketing figure of £120,000.

Monthly rent - £298.37
Monthly Service Charge - £196.11
Total Monthly Charge - £494.48 plus mortgage required for 50% share.

An annual rent increase takes place every April

The property is located in Derby’s lively city centre, with essential amenities just a short stroll away. Local supermarkets are all reachable within 10 - 15 minutes on foot, while local gyms are similarly close. Popular green spaces such as Darley Park and Markeaton Park are under 15 minutes by car, offering peaceful escapes from city life.

For everyday needs, shops, boutiques, and healthcare facilities - including Florence Nightingale Community Hospital - are all within a 10-minute drive.

Derby Train Station is just 5 minutes by car or a 20-minute walk, offering direct train services to London St Pancras in approximately 1 hour 30 minutes.

Energy rating band - C

Environmental rating band - B

Years remaining on lease: 969

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.