# 1 bedroom flat for rent (DE1 2BG)

## Property Details

| Key | Value |
|-----|-------|
| Address | Darwin House, Derby, DE1 2BG |
| Price | £850 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £182,950 |

## Description

**ONE WEEK OFF THE FIRST MONTHS RENT TO MOVE BY 4TH DECEMBER**

This amazing ground floor apartment has to be seen to be appreciated. Located in Darwin House,  on the Nightingale Quarter and is available to move into immediately.  The property is perfectly located for the city centre, train station and commuter links. It is perfect for a single professional or couple. The property comes with white goods and a sofa, the bedroom has built in wardrobes and the bathroom has a shower over bath.

This property is available with a Deposit Free option which means that instead of paying a traditional five weeks security deposit, you pay a fee of one weeks rent + VAT (subject to a minimum of £120 + VAT) to become a member of a deposit free renting scheme which significantly reduces the up-front costs. This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damage.

## Property Photos

- ![Photo](/listings/photos/140340905/645426)
- ![Photo](/listings/photos/140340905/645427)
- ![Photo](/listings/photos/140340905/645429)
- ![Photo](/listings/photos/140340905/645430)
- ![Photo](/listings/photos/140340905/645431)
- ![Photo](/listings/photos/140340905/645432)
- ![Photo](/listings/photos/140340905/645433)
- ![Photo](/listings/photos/140340905/645434)
- ![Photo](/listings/photos/140340905/645435)
- ![Photo](/listings/photos/140340905/645436)
- ![Photo](/listings/photos/140340905/645437)

## 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):** £449/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 |
|------|------|------|------|------|
| 1 Bed Flat, Darwin House, DE1 | £950/mo | 1 | 0 miles | OpenRent |
| [The Nightingale Quarter, 1 Sylvester Close, Derby](http://87.117.209.195:8080/listings/de0b5a7) | £925/mo | 1 | 0.01 miles | Rightmove |
| 1 Bed Flat, Dalton House, DE1 | £900/mo | 1 | 0.06 miles | OpenRent |
| 1 Bed Flat, Hartington Street, DE23 | £650/mo | 1 | 0.16 miles | OpenRent |
| Studio Flat, Oxford Street, DE1 | £550/mo | 1 | 0.17 miles | OpenRent |
| 1 Bed Flat, Hartington St, DE23 | £790/mo | 1 | 0.19 miles | OpenRent |
| 1 Bed Flat, Lombe House, DE1 | £950/mo | 1 | 0.19 miles | OpenRent |
| 1 Bed Flat, Hartington Street, DE23 | £600/mo | 1 | 0.19 miles | OpenRent |
| Studio Flat, Hartington Street, DE23 | £625/mo | 1 | 0.23 miles | OpenRent |
| Studio Flat, Hartington St, DE23 | £675/mo | 1 | 0.24 miles | OpenRent |
| Studio Flat, Arboretum St, DE23 | £680/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, Arboretum St, DE23 | £650/mo | 1 | 0.26 miles | OpenRent |
| Studio Flat, Leopold Street, DE1 | £400/mo | 1 | 0.26 miles | OpenRent |
| 1 Bed Flat, Leopold St, DE1 | £600/mo | 1 | 0.26 miles | OpenRent |
| Studio Flat, Leopold St, DE1 | £700/mo | 1 | 0.29 miles | OpenRent |

**Average rent: £710/mo (15 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £675/mo).*

- **Gross yield:** 952.9%
- **Monthly cashflow:** £579/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2819.4%

*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).*

## 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)