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For sale
£130,000

Castleward Boulevard, Derby, Derbyshire, DE1 2FQ

1bedroom
1bathroom
Flattype
Leaseholdtenure

Listed 16 Oct 2026 · Derby

How the price compares

This home£130,000
Median 1 bed in DE1£110k15 homes listed · £212 per sq ft
Difference+18%above the area median

Key features

  • Modern First-Floor Studio Flat
  • Tenant in Situ
  • £9,300 Gross Annual Rental Income
  • Spacious Open-Plan Living Accommodation
  • Secure Gated Access
  • Allocated Parking Space
  • Walking Distance to Derby City Centre
  • Close to Derby Train Station
  • Ideal Investment Opportunity

About this home

A modern one-bedroom studio flat situated on the first floor of Mulberry House, offering open-plan living, a modern fitted kitchen, allocated parking and secure gated access. The property is being sold with a tenant in situ, currently achieving a rental income of £775 per calendar month, equivalent to £9,300 per annum. Making it an option for investors seeking a rental investment.

Accessed via an intercom system, the property benefits from well-maintained communal corridors. Upon entering the flat, there is a useful storage cupboard, leading through to the spacious open-plan living accommodation, incorporating the bedroom and living kitchen area.

The modern fitted kitchen includes an oven, hob and extractor fan, while the bathroom is fitted with a walk-in shower cubicle. Further benefits include uPVC double-glazed windows and a modern wall-mounted electric heater.

Externally, the property benefits from secure gated access and an allocated parking space.

Mulberry House occupies a prime location within walking distance of Derby City Centre and Derby Train Station, providing convenient access to a range of shops, restaurants, amenities and transport links.

Agents Note Please note that an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.

Property details

Property type
Flat
Council tax band
A
Tenure
Leasehold
Lease remaining
248 years left
Service charge
£750 per year
Parking
Residents

Floorplan

Floorplan

Location

Skip map

1 on this map

  • Derby Station0.2 mi
  • Peartree Station1.4 mi
  • Spondon Station2.4 mi

What nearby homes sold for

Median sold prices in DE1 over the last 12 months: terraced £182k · flat £125k · semi-detached £245k · detached £525k.

AddressTypeSoldPrice
Apartment 19, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
21 Nov 2025£160,000
Apartment 21, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
21 Nov 2025£158,000
Apartment 33, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
15 Oct 2025£142,500
Apartment 22, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
30 Sept 2025£170,000
Apartment 43, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
5 Sept 2025£231,000
Apartment 87, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
29 Aug 2025£252,000
Apartment 32, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
27 Jun 2025£225,000
Apartment 71, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
17 Jun 2025£188,000
Apartment 91, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
29 Apr 2025£147,000
Apartment 85, Mulberry House, 31, Castleward Boulevard
Derby DE1 2FQ
Flat, new build
Leasehold
10 Apr 2025£155,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DE1

Buying costs

Monthly repayment£650£13,000 deposit · £117,000 loan
Stamp Duty£100England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Frank Innes, Derby on Rightmove (original listing). First listed 16 Oct 2026; details checked 7 Nov 2026. Latest change: added on 16/10/2026.

Agent disclaimer

Disclaimer - Property reference DEY260718. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Frank Innes, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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