Gower Street
Derby
£60,000
Tenure: Leasehold
Ref: DBY122147
- Fourth-floor apartment in prosperity house
- Currently tenanted, generating £800 pcm
- Two spacious double bedrooms
- Open-plan kitchen, living and dining room
- Bathroom with dual access from the hall and principal bedroom
monthly mortgage estimate
Situated on the fourth floor of Prosperity House, this well-presented two-bedroom apartment is currently tenanted, generating £800 PCM rental income. Offering two double bedrooms, a bathroom with dual access, open-plan living space and useful storage, it presents an ideal investment opportunity.
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- Years remaining: 240 years
- Current ground rent: £250
- Ground rent review period: Contact branch
- Annual service charge: £4,196
- Ground rent increase: Contact branch
Council Tax Band: A
Tenure: Leasehold
floor plans
in detail
Located on the fourth floor of the popular Prosperity House development on Gower Street, this spacious two-bedroom apartment presents an excellent investment opportunity and is currently tenanted, generating a rental income of £800 per calendar month.
The property is accessed via a welcoming entrance hall which provides access to the main accommodation. To the right is the family bathroom, fitted with a bath, wash hand basin and WC. The bathroom also benefits from direct access from Bedroom One, creating a convenient Jack-and-Jill arrangement.
Bedroom One is a generous double room offering ample space for freestanding furniture and enjoys the added benefit of direct bathroom access. Continuing through the apartment, the heart of the home is the bright and spacious open-plan kitchen, living and dining area. Designed for modern living, this versatile space provides room to relax, dine and entertain, with the kitchen seamlessly incorporated into the layout.
A second well-proportioned double bedroom is located off the living area and benefits from a large built-in storage cupboard, providing valuable additional storage space.
Currently tenanted and producing £800 PCM, the apartment offers immediate income for investors seeking a ready-made addition to their portfolio. Prosperity House is conveniently located for access to local amenities, transport links and the city centre, making it a popular choice with tenants and owner-occupiers alike.
The property is accessed via a welcoming entrance hall which provides access to the main accommodation. To the right is the family bathroom, fitted with a bath, wash hand basin and WC. The bathroom also benefits from direct access from Bedroom One, creating a convenient Jack-and-Jill arrangement.
Bedroom One is a generous double room offering ample space for freestanding furniture and enjoys the added benefit of direct bathroom access. Continuing through the apartment, the heart of the home is the bright and spacious open-plan kitchen, living and dining area. Designed for modern living, this versatile space provides room to relax, dine and entertain, with the kitchen seamlessly incorporated into the layout.
A second well-proportioned double bedroom is located off the living area and benefits from a large built-in storage cupboard, providing valuable additional storage space.
Currently tenanted and producing £800 PCM, the apartment offers immediate income for investors seeking a ready-made addition to their portfolio. Prosperity House is conveniently located for access to local amenities, transport links and the city centre, making it a popular choice with tenants and owner-occupiers alike.
About The Area
Prosperity House is ideally situated on Gower Street, a highly convenient location offering easy access to the city centre, local shops, supermarkets, restaurants and leisure facilities. Excellent transport links are available nearby, making commuting straightforward for both road and public transport users. The area remains a popular choice for professionals and renters due to its central position, range of amenities and easy access to major employment hubs, supporting strong and consistent rental demand.Agents Note
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Utilities, rights & restrictions
Utility supply:
- Electric Ask agent
- Water Ask agent
- Heating Ask agent
- Broadband Ask agent
- Sewerage Ask agent
Rights and restrictions:
- Private rights of way Ask agent
- Public rights of way Ask agent
- Listed property Ask agent
- Restrictions Ask agent
Risks:
- Flooded in last 5 years Ask agent
- Flood defences Ask agent
- Source of flood Ask agent
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Monthly mortgage estimate
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
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