Auction

1/10

Auction

1/10

2 bed flat for sale Friar Gate Court, Friar Gate, DE1

Guide price

£100,000

Added on 26/09/2026

For sale by auction

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £129 per sq ft
Tenure: Leasehold

About this property

An excellent ready-made buy-to-let investment opportunity, this well-presented ground floor apartment is offered with a tenant in situ and is currently generating a gross annual rental income of £9600, being sold by modern method of auction. Alternatively, the property can be made available with vacant possession, making it an ideal purchase for both investors and owner-occupiers alike.

Floorplan

Council tax

Ask agent

Per year

Band A

£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

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Derby, 2026/27 bills run from £1,537 a year in band A to £4,612 in band H.

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.

Price guide

This home

£129 / sq ft

Area average (sold)

£203 / sq ft

Price per area, sold homes nearby

£117 / sq ft

£129 / sq ft

£275 / sq ft

Lowest

This home

Highest

£129 per sq ft, below the middle of recent sales in DE1 (£117–£275, 10th–90th percentile, 268 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 268 homes sold in DE1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in DE1 →

Location

Friar Gate Court, Friar Gate, DE1

Open map Street View

Mortgage and stamp duty

Property price £100,000

£50k £150k

Deposit10% £10,000

£0 £100k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £90,000 mortgage. Most lenders would want a household income of about £20,000 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
1, Friar Gate Court Flat / maisonette	Flat / maisonette	Aug 2025	786 sq ft £121/sq ft	786 sq ft	£121	£95,000
38, Friar Gate Court Flat / maisonette	Flat / maisonette	Dec 2022	635 sq ft £178/sq ft	635 sq ft	£178	£113,000
1, Friar Gate Court Flat / maisonette	Flat / maisonette	Feb 2021	786 sq ft £115/sq ft	786 sq ft	£115	£90,000
10, Friar Gate Court Flat / maisonette	Flat / maisonette	Sept 2017	786 sq ft £121/sq ft	786 sq ft	£121	£95,000
1, Friar Gate Court Flat / maisonette	Flat / maisonette	Jun 2017	786 sq ft £112/sq ft	786 sq ft	£112	£88,000
10, Friar Gate Court Flat / maisonette	Flat / maisonette	Aug 2014	786 sq ft £117/sq ft	786 sq ft	£117	£92,000
1, Friar Gate Court Flat / maisonette	Flat / maisonette	Jul 2013	786 sq ft £120/sq ft	786 sq ft	£120	£94,500
1, Friargate Court Flat / maisonette	Flat / maisonette	Sept 2009	786 sq ft £76/sq ft	786 sq ft	£76	£60,000