# 2 bedroom flat for rent (DE3 9FG)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, 189 STATION ROAD, DERBY, MICKLEOVER, CITY OF DERBY DE3 9FG |
| Price | £875 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 69 m² |
| Last sold | £48,000 Jun 2014 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 05/05/2035
- **Current heating cost:** £896/year
- **Est. upgrade cost to C:** £16,175

### Recommendations
- A2 (£850 - £1,500)
- B (£500 - £1,500)
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7635-1025-9500-0476-0206)

## Description

*** NO DEPOSIT OPTION AVAILABLE, GREATER PROTECTION FOR LANDLORDS ***

*** AVAILABLE FROM NOVEMBER 2025 ***

Attractive spacious two bedroom ground floor apartment with all new decor. Popular location with excellent road links to Royal Derby hospital, A38 and A32

Large entrance hallway with tiled flooring and Velux windows

Superb modern kitchen with tiled flooring, modern fitted white wall, base and drawer units, roll edge wood effect work surfaces, tiled splash backs, stainless steel inset sink, eye level integral Bosch electric double oven, gas hob with extractor over, plumbing for washing machine with window to breakfast area

Spacious lounge with laminate flooring and wall mounted flame effect electric fire

Double sized master bedroom with laminate flooring and recessed area with window to side

Second double sized bedroom with laminate flooring and window to rear

Quality bathroom having tiled flooring, chrome heated towel rail, radiator, fully tiled, three piece white suite comprising of 'P' shaped bath with electric Triton shower and glass shower screen, low flush WC, combi-boiler and obscured window to rear.

EPC Rating: D

Council Tax Band: A

Broadband connection available

Rent excludes tenancy deposit and any other permitted payments.

A holding deposit of £213.46 based on the advertised rent, is required to reserve the property.

Minimum term: 6 months.

Deposit payable is £1067.31 or No Deposit Option. Please contact us for further information or visit our website

## Property Photos

- ![entrance hallway](/listings/photos/168209201/287240) - entrance hallway
- ![kitchen](/listings/photos/168209201/287241) - kitchen
- ![kitchen](/listings/photos/168209201/287244) - kitchen
- ![lounge](/listings/photos/168209201/287248) - lounge
- ![lounge](/listings/photos/168209201/287251) - lounge
- ![bedroom](/listings/photos/168209201/287253) - bedroom
- ![bedroom](/listings/photos/168209201/287255) - bedroom
- ![bathroom](/listings/photos/168209201/287257) - bathroom
- ![f07febfb-d6e6-44a7-9](/listings/photos/168209201/287259) - f07febfb-d6e6-44a7-9
- ![Capture189](/listings/photos/168209201/287261) - Capture189

## EPC Graphs

- ![EPC Image](/listings/photos/168209201/287264) - EPC Image

## Rental Range

*ONS Price Index of Private Rents (Derby). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £764/mo
- **Realistic:** £849/mo
- **Optimistic:** £934/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Derby (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £593/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, College Green Walk, DE3 | £875/mo | 2 | 0.7 miles | OpenRent |
| 2 Bed Bungalow, Western Road, DE3 | £1,875/mo | 2 | 0.71 miles | OpenRent |
| 2 Bed Maisonette, Bradwell Close, DE3 | £850/mo | 2 | 0.86 miles | OpenRent |
| 2 Bed Semi-Detached House, Partridge Way, DE3 | £925/mo | 2 | 0.96 miles | OpenRent |

**Average rent: £1,131/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 1234.3%
- **Monthly cashflow:** £782/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3696%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £13/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
