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£60,000
Asking price

2 bed flat for sale Gower Street, Derby

2 beds 1 bath Flat
Leasehold

Added on 16/09/2026

About this property

Situated on the fourth floor of Prosperity House, this well-presented two-bedroom apartment is currently tenanted, generating £800 PCM rental income. Offering two double bedrooms, a bathroom with dual access, open-plan living space and useful storage, it presents an ideal investment opportunity. Located on the fourth floor of the popular Prosperity House development on Gower Street, this spacious two-bedroom apartment presents an excellent investment opportunity and is currently tenanted, generating a rental income of £800 per calendar month.

Key features

  • Fourth-floor apartment in Prosperity House
  • Currently tenanted, generating £800 PCM
  • Two spacious double bedrooms
  • Open-plan kitchen, living and dining room
  • Bathroom with dual access from the hall and principal bedroom

Floorplan

Location

Gower Street, Derby, DE1 1AB

Council tax band
Ask agent

Mortgage and stamp duty

Property price £60,000
£30k £90k
Deposit10% £6,000
£0 £60k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £54,000 mortgage. Most lenders would want a household income of about £12,000 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 on Gower Street — none recorded yet for DE1 1AB. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Apartment 113, Prosperity House, Gower Street DE1 1SB Flat / maisonetteSept 2025603 sq ft £91/sq ft£55,000
Apartment 209, Prosperity House, Gower Street DE1 1SB Flat / maisonetteOct 2023570 sq ft £92/sq ft£52,500
33, Babington Court, Gower Street DE1 1RH Flat / maisonetteJun 2023463 sq ft £140/sq ft£65,000
9, Babington Court, Gower Street DE1 1RH Flat / maisonetteJul 2022409 sq ft £214/sq ft£87,500
Apartment 105, Prosperity House, Gower Street DE1 1SB Flat / maisonetteDec 2021570 sq ft £88/sq ft£50,000
Apartment 413, Prosperity House, Gower Street DE1 1AW Flat / maisonetteNov 2019£110,000
Apartment 714, Prosperity House, Gower Street DE1 1AW Flat / maisonette · new buildMay 2018£80,000
Apartment 10, Prosperity House, Gower Street DE1 1SB Flat / maisonetteMar 2018£88,250

All sales on Gower Street →

Area insights

The neighbourhood around this property.

Marketed by
William H. Brown, Derby
32-34 Cornmarket, DERBY, Derbyshire
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