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For saleReduced 12 Sept 2026
£115,000Offers in region of

Park Gate, Reginald Street, Derby, DE23 8FQ

2bedrooms
1bathroom
Apartmenttype
651sq ft
Leaseholdtenure

Listed 2 Jul 2026 · price reduced 12 Sept 2026 · Derby

How the price compares

This home£115,000£177 per sq ft
Median 2 bed in DE23£190k29 homes listed · £304 per sq ft
Difference-39%below the area median

Key features

  • Ideal Investment Property
  • Second Floor Apartment
  • Secure Communal Entrance Hall
  • Private Hallway
  • Spacious Open Plan Living / Dining Space with Kitchen Area
  • Balcony
  • Two Bedrooms
  • Well-Appointed Bathroom
  • One Allocated Parking Spaces
  • Close to Derby City Centre

About this home

INVESTMENT OPPORTUNITY - CURRENTLY LET AT £850 PCM.

This is an excellent opportunity to acquire a second floor, two bedroom apartment, ideal as an investment purchase or first time buy.

Set within a secure gated environment the property features a secure communal entrance hall with staircase and lift to upper floors, entrance door to hallway, spacious open plan kitchen/lounge/dining room with good size lounge/dining area, kitchen and balcony. There are also two bedrooms and a bathroom. Outside, there is an allocated parking space.

The Location - The property’s location is close to the centre of Derby and this offers excellent access to a full range of amenities.

Accommodation -

Communal Entrance Hall - A secure communal entrance hall with staircase and lifts to upper floors provides access to front door.

Entrance Hall - 4.88 x 1.06 (16'0" x 3'5") - Having an electric heater, useful storage cupboard housing the hot water sender and entry phone intercom system.

Open Plan Living Space - 7.02 x 5.03 (23'0" x 16'6") -

Lounge/Dining Area - With two electric heaters, recessed ceiling spotlighting, double glazed window to front and sliding patio door to balcony.

Kitchen Area - Comprising granite effect worktops with tiled surrounds, inset stainless steel sink unit with mixer tap, fitted base cupboards and drawers, complementary wall mounted cupboards, inset four plate electric hob with built-in oven beneath and extractor hood over, appliance space suitable for fridge freezer and integrated dishwasher and washing machine.

Bedroom One - 3.38 x 3.37 (11'1" x 11'0") - With electric heater, fitted wardrobes, desk, recessed spotlighting and double glazed window to rear.

Bedroom Two - 3.34 x 2.22 (10'11" x 7'3") - Having an electric heater and double glazed window to rear.

Bathroom - 2.02 x 1.84 (6'7" x 6'0") - Fully tiled with a white suite comprising low flush WC, vanity unit with wash handbasin, bath with shower, electric heather and recessed ceiling spotlighting.

Outside - The property is set within a secure gated environment and benefits from an allocated parking space.

Council Tax Band B -

Tenure - Please note, we have been informed by the vendor that there is an annual service charge of £1,533.31 and an annual ground rent charge of £75.00. Should you proceed with the purchase of this property this must be verified by your solicitor.

Please Note: - The photographs included in the brochure were taken in 2025. This is due to the property currently being tenanted.

Property details

Property type
Apartment
Size
651 sq ft / 60 sq m
Council tax band
B
Tenure
Leasehold
Lease remaining
100 years left
Parking
Yes
Heating
Gas central
Electricity
Mains supply
Water
Mains supply

Floorplan

Accommodation

Location

Skip map

1 on this map

  • Derby Station0.5 mi
  • Peartree Station0.8 mi
  • Spondon Station2.5 mi

What nearby homes sold for

Median sold prices in DE23 over the last 12 months: semi-detached £243k · terraced £148k · detached £345k · flat £130k.

AddressTypeSoldPrice
Apartment 4, Park Gate, 36, Reginald Street
Derby DE23 8FQ
Flat
Leasehold
14 May 2026£55,000
Apartment 5, Park Gate, 36, Reginald Street
Derby DE23 8FQ
Flat
Leasehold
14 Nov 2025£95,000
Apartment 10, Park Gate, 38, Reginald Street
Derby DE23 8FQ
Flat
Leasehold
4 Jun 2025£82,000
Apartment 11, Park Gate, 38, Reginald Street
Derby DE23 8FQ
Flat
Leasehold
27 Mar 2024£72,000
Apartment 11, Park Gate, 38, Reginald Street
Derby DE23 8FQ
Flat
Leasehold
3 Jan 2024£59,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DE23

Buying costs

Monthly repayment£575£11,500 deposit · £103,500 loan
Stamp Duty£0England 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 Fletcher & Company, Derby on Rightmove (original listing). First listed 2 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 12/09/2026.

Agent disclaimer

Disclaimer - Property reference 34783056. 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 Fletcher & Company, 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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