£69,950
2 beds · 1 bath
Gower Street, Derby, DE1
0 miles
away
Leasehold
Added on 16/09/2026 
1/7
1/7
£69,950
Asking price 2 bed flat for sale Gower Street, Derby, DE1
2
beds 1
bath Flat
Leasehold
Added on 16/09/2026
About this property
Investment Opportunity - Immediate income with tenant in situ generating a rental income of £9,000 per annum. A two bedroom apartment in the Prosperity House Development. Located in the heart of the city centre this apartment is ideally suited with only a short walk to shopping, bars and restaurants.
Location
Gower Street, Derby, DE1, DE1 1SB
- 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 £69,950
£35k £105k
Deposit10% £7,000
£0 £70k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £62,950 mortgage. Most lenders would want a household income of about £14,000 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 DE1 1SB. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Apartment 113, Prosperity House, Gower Street Flat / maisonette | Flat / maisonette | Sept 2025 | 603 sq ft £91/sq ft | 603 sq ft | £91 | £55,000 |
| Apartment 209, Prosperity House, Gower Street Flat / maisonette | Flat / maisonette | Oct 2023 | 570 sq ft £92/sq ft | 570 sq ft | £92 | £52,500 |
| Apartment 105, Prosperity House, Gower Street Flat / maisonette | Flat / maisonette | Dec 2021 | 570 sq ft £88/sq ft | 570 sq ft | £88 | £50,000 |
| Apartment 10, Prosperity House, Gower Street Flat / maisonette | Flat / maisonette | Mar 2018 | — | — | — | £88,250 |
| Apartment 9, Prosperity House, Gower Street Flat / maisonette | Flat / maisonette | Mar 2018 | — | — | — | £90,000 |
| Apartment 218, Prosperity House, Gower Street Flat / maisonette · new build | Flat / maisonette · new build | Feb 2018 | 560 sq ft £219/sq ft | 560 sq ft | £219 | £122,565 |
| Apartment 216, Prosperity House, Gower Street Flat / maisonette · new build | Flat / maisonette · new build | Dec 2017 | 570 sq ft £215/sq ft | 570 sq ft | £215 | £122,565 |
| Apartment 319, Prosperity House, Gower Street Flat / maisonette · new build | Flat / maisonette · new build | Dec 2017 | 570 sq ft £215/sq ft | 570 sq ft | £215 | £122,565 |
Area insights
The neighbourhood around this property.
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