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2 bed flat for sale Cowslip Meadow, Draycott, DE72

Offers Over
£111,000

Added two days ago

Type
Flat
Bedrooms
2
Bathrooms
2
Tenure
Ask agent

Key features

  • A second floor purpose built two double bedroom apartment
  • Can be purchased as 50% shared ownership for £60,000 or outright 100% ownership at £120,000
  • Being sold with the benefit of NO UPWARD CHAIN
  • Stairs lead to the second floor where the front door provides access to the apartment
  • Hallway with two built-in storage cupboards off
  • Lounge with French doors and a Juliette balcony
  • The kitchen is fitted with wall and base units
  • Two double bedrooms with an en-suite shower room/w.c to the main bedroom
  • Bathroom with a white suite
  • Designated and visitor parking spaces and communal gardens

About this property

THIS IS A SECOND FLOOR TWO DOUBLE BEDROOM APARTMENT SITUATED IN THE PURPOSE BUILT DEVELOPMENT CLOSE TO THE HEART OF THE MUCH SOUGHT AFTER AWARD WINNING VILLAGE OF DRAYCOTT - Being sold with the benefit of NO UPWARD CHAIN, this spacious apartment provides a hallway with built-in storage cupboards off, a large lounge which could include a dining area, kitchen with fitted wall and base units and integrated cooking appliances, two double bedrooms with the main bedroom having an en-suite shower room and the bathroom. Outside there are designated and visitor parking spaces and communal gardens which are looked after by the management company.THIS IS A SECOND FLOOR TWO DOUBLE BEDROOM APARTMENT WHICH CAN EITHER BE PURCHASED AS A 50% SHARED OWNERSHIP PROPERTY, OR PURCHASED OUTRIGHT WITH 100% OWNERSHIP.

Floorplan

Council tax

Ask agent
Per year
  • Band A
    £1,574
  • Band B
    £1,836
  • Band C
    £2,098
  • Band D
    £2,361
  • Band E
    £2,885
  • Band F
    £3,410
  • Band G
    £3,934
  • Band H
    £4,721

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Erewash, 2026/27 bills run from £1,574 a year in band A to £4,721 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Erewash, 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.

Location

Cowslip Meadow, Draycott, DE72

Mortgage and stamp duty

Property price £111,000
£55k £167k
Deposit10% £11,000
£0 £111k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £100,000 mortgage. Most lenders would want a household income of about £23,000 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.

AddressSoldSizePrice
36, Cowslip Meadow Flat / maisonetteJun 2026614 sq ft £167/sq ft£102,500
28, Cowslip Meadow Flat / maisonetteMay 2025635 sq ft £189/sq ft£120,000
110, Cowslip Meadow DetachedMay 20251,109 sq ft £207/sq ft£230,000
82, Cowslip Meadow Semi-detachedMar 2024764 sq ft £182/sq ft£139,400
106, Cowslip Meadow Flat / maisonetteOct 2023603 sq ft £191/sq ft£115,000
62, Cowslip Meadow Flat / maisonetteSept 2023560 sq ft £232/sq ft£130,000
18, Cowslip Meadow Flat / maisonetteJun 2023926 sq ft £119/sq ft£110,000
116, Cowslip Meadow TerracedApr 2023797 sq ft £264/sq ft£210,000

All sales on Cowslip Meadow → All sold prices in Derby →

Area insights

The neighbourhood around this property.

Marketed by
Robert Ellis, Long Eaton
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