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2 bed flat for sale Erasmus Drive, Derby, DE1

Offers in excess of

£160,000

Added on 30/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £262 per sq ft
Tenure: Ask agent; 247 years left(from the agent's description)

Service charge £1,200 a yearNo ground rent (peppercorn) Council tax Band A £1,537 a year

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

Chain free
Lift
Residents' gym
Open-plan kitchen/diner
247 years left on the lease

About this property

Being sold with no onward chain, this modern two-bedroom first-floor apartment (with lift) set within the popular Nightingale Quarter development in the heart of Derby is currently used as a successful rental investment (achieving £995pcm) however, is also open to owner-occupiers making this a great first home.

The property comprises of a functional L shaped kitchen/diner/lounge space, giving each it's own area whilst still having the benefits of the open plan space. A storage cupboard is conveniently located by the front door and the kitchen features modern high-gloss fitted cabinets and integrated appliances (dishwasher, washing machine with dryer, induction hob with extractor over and a fan oven as well as a freestanding fridge/freezer).

Floorplan

Council tax

Band A £1,537 a year

Per year

Band A

This home: £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

This home is in band A, which costs £1,537 a year in Derby for 2026/27.

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. Check a home's band on GOV.UK.

Price guide

100 comparables · within 2.6 miles

Priced above 76% of the 2-bed flats for sale nearby right now.

This home, £160,000 Median £120,000 · £85,000 – £180,000

Per square foot

£262 45% over

2-bed flats nearby £181

Against sold prices

27% over

DE1 sold median £207 / sq ft, 268 sales

Compared with 100 2-bed flats for sale within 2.6 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in DE1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in DE1 →

Location

Erasmus Drive, Derby, DE1

Open map Street View

Part of a development

This home is in Nightingale Quarter. See the scheme's facilities, developer and other homes there.

Nightingale Quarter

Derby

View development

Mortgage and stamp duty

Property price £160,000

£80k £240k

Deposit10% £16,000

£0 £160k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £144,000 mortgage. Most lenders would want a household income of about £32,000 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 100, Fox House, 2, Erasmus Drive Flat / maisonette · new build	Flat / maisonette · new build	Apr 2024	n/a	n/a	n/a	£200,000
Apartment 139, Fox House, 2, Erasmus Drive Flat / maisonette · new build	Flat / maisonette · new build	Feb 2024	n/a	n/a	n/a	£168,500
Apartment 77, Fox House, 2, Erasmus Drive Flat / maisonette · new build	Flat / maisonette · new build	Dec 2023	n/a	n/a	n/a	£185,250
Apartment 123, Fox House, 2, Erasmus Drive Flat / maisonette · new build	Flat / maisonette · new build	Dec 2023	n/a	n/a	n/a	£208,750
Apartment 84, Fox House, 2, Erasmus Drive Flat / maisonette · new build	Flat / maisonette · new build	Dec 2023	n/a	n/a	n/a	£157,500
Apartment 71, Fox House, 2, Erasmus Drive Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	n/a	n/a	n/a	£156,750
Apartment 91, Fox House, 2, Erasmus Drive Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	n/a	n/a	n/a	£202,750