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2 bed flat for sale Friar Gate, Derby, DE1

Asking price

£125,000

Added on 23/09/2026

Type: Flat
Bedrooms: 2
Tenure: Leasehold

Highlights

From the agent's description

Chain free
Allocated parking
Open-plan kitchen/diner

About this property

A well-presented 2-bed, 1-bath apartment in Norman House, City Centre. Open-plan living, allocated parking, chain free, and generating £850 PCM. Great investment with tenants in situ.

Well-Presented 2 Bedroom, 1 Bathroom Apartment in Norman House – Prime City Centre Location with Parking

We are pleased to offer this charming 2-bedroom, 1-bathroom apartment located within the highly desirable Norman House development, perfectly positioned in the heart of the city centre. This property represents an excellent opportunity for investors seeking a reliable rental income in a vibrant, well-connected location. The apartment features a bright and spacious open-plan kitchen, living, and dining area designed to maximize natural light and provide a modern, comfortable living environment.

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

100 comparables · within 2.5 miles

Priced above 54% of the 2-bed flats for sale nearby right now.

This home, £125,000 Median £120,000 · £85,000 – £190,500

Compared with 100 2-bed flats for sale within 2.5 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Friar Gate, Derby, DE1

Open map Street View

Mortgage and stamp duty

Property price £125,000

£62k £188k

Deposit10% £13,000

£0 £125k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £112,000 mortgage. Most lenders would want a household income of about £25,000 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
112, Norman House, Friar Gate Flat / maisonette	Flat / maisonette	Nov 2025	840 sq ft £119/sq ft	840 sq ft	£119	£100,000
101, Norman House, Friar Gate Flat / maisonette	Flat / maisonette	Jan 2025	883 sq ft £136/sq ft	883 sq ft	£136	£120,000
110, Norman House, Friar Gate Flat / maisonette	Flat / maisonette	Jun 2024	743 sq ft £162/sq ft	743 sq ft	£162	£120,000
220, Norman House, Friar Gate Flat / maisonette	Flat / maisonette	Mar 2024	452 sq ft £152/sq ft	452 sq ft	£152	£68,500
126, Norman House, Friar Gate Flat / maisonette	Flat / maisonette	Jul 2023	743 sq ft £175/sq ft	743 sq ft	£175	£130,000
115, Norman House, Friar Gate Flat / maisonette	Flat / maisonette	Mar 2023	323 sq ft £212/sq ft	323 sq ft	£212	£68,500
104, Norman House, Friar Gate Flat / maisonette	Flat / maisonette	Jan 2023	560 sq ft £123/sq ft	560 sq ft	£123	£69,000
323, Norman House, Friar Gate Flat / maisonette	Flat / maisonette	Dec 2022	334 sq ft £225/sq ft	334 sq ft	£225	£74,950