This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- Investment Property With Tenant In Situ Fixed Till February 2025.
- To Be Sold With No Onward Chain
- Two Generously Proportioned Bedrooms
- Spacious Reception Room With Balcony
- Secured Allocated Parking Space
- Two Fitted Bathrooms
- Modern Galley Style Kitchen
- Close To Local Amenities, City Centre & Travel Routes
- EPC Rating - C
- Council Tax Band - B
Current tenant in situ paying £825.00pcm on a fixed tenancy until February 2025. Providing an impressive ROI of 6.5%.
This well presented, two-bedroom second floor apartment is situated on the popular City Point Development, being close to Pride Park, Rolls Royce, within 2 miles of Derby City Centre and the A52. The flat is spacious and modern with many attractive features, presenting a fantastic opportunity for any investor to start off or add to your portfolio.
Upon entering the flat, you will be greeted by a spacious reception room that is perfect for relaxation and entertaining guests. The room is well-proportioned, allowing for flexible furniture arrangements to suit your lifestyle. It offers a comfortable space where you can unwind after a long day. Boasting a balcony to enjoy some private outside space.
One of the key highlights of this property is the modern galley-style kitchen. This well-equipped space boasts contemporary fittings and fixtures, making meal preparation an enjoyable experience. The layout ensures that you have everything you need at your fingertips, optimising functionality and convenience. Benefiting from ample storage.
The two generously proportioned bedrooms are thoughtfully designed to provide ample space for a peaceful night's sleep. The natural light that floods through the large windows enhances the airy ambiance, creating a welcoming and calming atmosphere. You will appreciate the versatility these rooms provide, whether you desire a tranquil personal sanctuary or a functional home office. With built in storage to the smaller bedroom and an ensuite.
Additionally, the flat comes with two fitted bathrooms, providing added comfort and convenience. With the inclusion of these bathrooms, you will never have to wait in line or worry about guests when entertaining.
Secured allocated parking adds to the convenience and peace of mind of this property. You will have the assurance that your vehicle is parked safely, saving you the hassle of finding parking spaces or facing unexpected charges.
Located in Pacific Way, this flat offers excellent access to local amenities. You will be just a short distance away from shops, supermarkets, restaurants, and cafes, ensuring that everything you need is within easy reach. Travel routes are also conveniently accessible, making commuting and exploring the surrounding areas effortless. Situated just off Pride Park and a short trip to the town centre. A dream location for any Derby County fan.
The ground rent and service charges with lease length:
£165 per anum - ground rent
£1908.52 - service charge
140 years left on the lease
In conclusion, this spacious two-bedroom flat in Pacific Way, Derby, presents a perfect opportunity for investors to start off or add to their portfolio. With its modern features, secure allocated parking, and excellent location close to local amenities and travel routes, this property is not to be missed. Don't delay; schedule a viewing today to witness the charm and potential of this fantastic home!
Places of interest
See more properties like this:
*DISCLAIMER
Property reference PRF_DRB_LFSYCL_575_764323496. 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 Cope & Co - Derbyshire.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 6, 2023
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 December 6, 2023
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 July 10, 2020 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.