This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Leasehold
- FIRST FLOOR FLAT
- SECURE ENTRY
- OFFERED TENANTED
- PERFECT FOR INVESTORS
- PARKING TO FRONT
- CURRENTLY ACHIEVING £495PCM
Investors, don't miss this opportunity! This well-appointed apartment is offered for sale with a tenant in place, generating a solid 8.4% yield. With a monthly rent of £495, you can enjoy a steady stream of income right away.
Featuring a spacious double bedroom, a well-appointed bathroom with electric shower, a bright kitchen, and a lounge with a Juliet balcony overlooking the front of the complex, this apartment is both comfortable and practical. The building has secure keyfob access and communal parking to the front of the grounds.
Situated in a central location with easy access to the town center, local amenities, and the A38, this property offers convenient living for tenants. With 102 years remaining on a 125-year lease and a very reasonable service charge of £630 and £10 ground rent per annum, this property is a smart investment choice.
Room measurements and EPC to follow
Places of interest
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Property reference 265783. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Your Choice Property - Derby.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on September 27, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on September 27, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 26, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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