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1 bed flat for sale Castleward Boulevard, Derby, DE1

Asking price

£130,000

Added on 17/10/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Tenure: Leasehold

About this property

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.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,537
Band B

£1,794
Band C

£2,050
Band D

£2,306
Band E

£2,818
Band F

£3,331
Band G

£3,843
Band H

£4,612

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Derby, 2026/27 bills run from £1,537 a year in band A to £4,612 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Derby, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

46 comparables · within 2.7 miles

Priced above 85% of the 1-bed flats for sale nearby right now.

This home, £130,000 Median £81,250 · £55,000 – £147,500

Compared with 46 1-bed flats for sale within 2.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Castleward Boulevard, Derby, DE1

Open map Street View

Part of a development

This home is in The Silk Yard. See the scheme's facilities, developer and other homes there.

The Silk Yard

Derby

View development

Mortgage and stamp duty

Property price £130,000

£65k £195k

Deposit10% £13,000

£0 £130k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £117,000 mortgage. Most lenders would want a household income of about £26,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Apartment 33, Mulberry House, 31, Castleward Boulevard Flat / maisonette · new build	Flat / maisonette · new build	Oct 2025	n/a	n/a	n/a	£142,500
Apartment 32, Mulberry House, 31, Castleward Boulevard Flat / maisonette · new build	Flat / maisonette · new build	Jun 2025	n/a	n/a	n/a	£225,000
Apartment 91, Mulberry House, 31, Castleward Boulevard Flat / maisonette · new build	Flat / maisonette · new build	Apr 2025	n/a	n/a	n/a	£147,000
Apartment 76, Mulberry House, 31, Castleward Boulevard Flat / maisonette · new build	Flat / maisonette · new build	Mar 2025	n/a	n/a	n/a	£240,500
Apartment 67, Mulberry House, 31, Castleward Boulevard Flat / maisonette · new build	Flat / maisonette · new build	Mar 2025	n/a	n/a	n/a	£200,000
Apartment 88, Mulberry House, 31, Castleward Boulevard Flat / maisonette · new build	Flat / maisonette · new build	Feb 2025	n/a	n/a	n/a	£240,000
Apartment 13, Mulberry House, 31, Castleward Boulevard Flat / maisonette · new build	Flat / maisonette · new build	Feb 2025	n/a	n/a	n/a	£225,000
Apartment 11, Mulberry House, 31, Castleward Boulevard Flat / maisonette · new build	Flat / maisonette · new build	Jan 2025	n/a	n/a	n/a	£155,000