1/8
£250,000
3 beds · 1 bath
Woodthorpe Avenue, Derby
0.26 miles
away
Freehold
Added today 
1/10
1/10
£1,100,000
Offers in excess of 20 bed flat for sale Oak Tree Apartments, 1-3 Reginald Road South
20
beds Flat
Freehold
Added on 16/09/2026
About this property
THE PROPERTY Located in the popular suburb of Chaddesden is this recently converted block of 11 apartments being sold with tenants in situ. The property is currently generating in the region of £100,000 per annum and is offered for sale as freehold property, making this a rare investment opportunity. The property is comprised of 9 x 2 bedroom apartments and 2 x 1 bedroom apartments, each of which are let on an assured shorthold tenancy.
Key features
- Block of 11 modern apartments
- Generating circa £100,000 per annum
- All apartments tenanted
- Ideal investment opportunity
- 9 x 2 bedroom and 2x 1 bedroom
- Council tax band A
- Potential to develop subject to planning
- Freehold
- Off road parking
- Recently developed
Floorplan
Location
Oak Tree Apartments, 1-3 Reginald Road South, DE21 6NE
- Council tax
- Band A (Approx £1,537/year)Derby's 2026/27 area average, including the typical parish precept for band A. Your bill may differ: single-person and other discounts may apply.
Mortgage and stamp duty
Property price £1,100,000
£550k £1.7m
Deposit10% £110,000
£0 £1.1m
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £990,000 mortgage. Most lenders would want a household income of about £220,000 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.
Historic sold prices nearby
HM Land Registry sales in DE21 6NE. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 23, Reginald Road South Semi-detached | Semi-detached | Jun 2026 | 980 sq ft £240/sq ft | 980 sq ft | £240 | £235,000 |
| 25, Reginald Road South Detached | Detached | Jan 2021 | 1,324 sq ft £249/sq ft | 1,324 sq ft | £249 | £330,250 |
| 5, Reginald Road South Semi-detached | Semi-detached | Nov 2016 | 861 sq ft £197/sq ft | 861 sq ft | £197 | £170,000 |
| 7, Reginald Road South Semi-detached | Semi-detached | Jun 2016 | 872 sq ft £180/sq ft | 872 sq ft | £180 | £157,000 |
| 7, Reginald Road South Semi-detached | Semi-detached | May 2015 | 872 sq ft £175/sq ft | 872 sq ft | £175 | £153,000 |
| 9, Reginald Road South Semi-detached | Semi-detached | Dec 2011 | 926 sq ft £97/sq ft | 926 sq ft | £97 | £90,000 |
| 23, Reginald Road South Semi-detached | Semi-detached | Jun 2006 | 980 sq ft £151/sq ft | 980 sq ft | £151 | £148,000 |
| 7, Reginald Road South Semi-detached | Semi-detached | Jun 2002 | 872 sq ft £93/sq ft | 872 sq ft | £93 | £81,000 |
Area insights
The neighbourhood around this property.
Similar properties nearby
See all
