Initial price	£67,950
31/08/24	£59,950
27/06/25	£49,950
Price Change	-26.49%

This one-bedroom apartment in Park Farm, Allestree, is a fantastic opportunity for a first-time buyer or investor. The property has been beautifully presented and benefits from a fully fitted kitchen with appliances, furniture, and fittings all included in the asking price. The apartment features a comfortable lounge with a feature fireplace, a kitchen with a range of units and appliances, a spacious bedroom with a large built-in wardrobe, and a three-piece bathroom. The property also has a shared balcony with nice views and a residents' parking area. The lease commenced in 1997 and has 174 years remaining, with a service charge of approximately £1,900 for six months. The property is currently let on an assured Shorthold tenancy until May 2025 and generates a return of £7,620 per annum. With its convenient location close to the University of Derby and Kedleston Road Campus, this property is a must-see for anyone looking for a comfortable and affordable home in a sought-after area.