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2 bed flat for sale Lodge Lane, Derby, DE1

Offers over

£165,000

Added on 23/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £202 per sq ft
Tenure: Ask agent

Council tax Band B £1,794 a year

Key features

Top Floor Apartment
Two Double Bedrooms
Master With En Suite
Open Plan Living
Contemporary Decor Throughout
Walking Distance to Derby City Centre
No Upward Chain

About this property

Leaders Estate Agents are delighted to present this exceptional investment opportunity – a spacious, high specification top floor apartment, ideally located within walking distance of Derby City Centre and offered to the market with no upward chain. The property is being sold with a tenant in situ, currently achieving £950 per calendar month, providing an immediate rental income and a gross yield of 6.9%.

Floorplan

Council tax

Band B £1,794 a year

Per year

Band A

£1,537
Band B

This home: £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 B, which costs £1,794 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 2.7 miles

Priced above 78% of the 2-bed flats for sale nearby right now.

This home, £165,000 Median £120,000 · £85,000 – £190,500

Per square foot

£202 9% over

2-bed flats nearby £184

Against sold prices

3% under

DE1 sold median £207 / sq ft, 268 sales

Compared with 100 2-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. 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

Lodge Lane, Derby, DE1

Open map Street View

Mortgage and stamp duty

Property price £165,000

£82k £248k

Deposit10% £17,000

£0 £165k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £148,000 mortgage. Most lenders would want a household income of about £33,000 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
10, Weavers Point, Lodge Lane Flat / maisonette	Flat / maisonette	Feb 2026	786 sq ft £207/sq ft	786 sq ft	£207	£163,000
9, Weavers Point, Lodge Lane Flat / maisonette	Flat / maisonette	Nov 2024	786 sq ft £221/sq ft	786 sq ft	£221	£174,000
1, Weavers Point, Lodge Lane Flat / maisonette	Flat / maisonette	Mar 2024	678 sq ft £229/sq ft	678 sq ft	£229	£155,000
17, Weavers Point, Lodge Lane Flat / maisonette	Flat / maisonette	Aug 2023	786 sq ft £227/sq ft	786 sq ft	£227	£178,000
31, Weavers Point, Lodge Lane Flat / maisonette	Flat / maisonette	Feb 2023	786 sq ft £210/sq ft	786 sq ft	£210	£165,000
18, Weavers Point, Lodge Lane Flat / maisonette	Flat / maisonette	Dec 2022	775 sq ft £226/sq ft	775 sq ft	£226	£175,000
29, Weavers Point, Lodge Lane Flat / maisonette	Flat / maisonette	Jul 2022	732 sq ft £225/sq ft	732 sq ft	£225	£165,000
30, Weavers Point, Lodge Lane Flat / maisonette	Flat / maisonette	Feb 2022	797 sq ft £198/sq ft	797 sq ft	£198	£157,500