Standout Features
- Block of 11 modern apartments
- Generating circa £100,000 per annum
- All apartments tenanted
- Ideal investment opportunity
- 9 x 2 bedroom and 2x 1 bedroom
- Council tax band A
- Potential to develop subject to planning
- Freehold
- Off road parking
- Recently developed
Property Description
THE PROPERTY Located in the popular suburb of Chaddesden is this recently converted block of 11 apartments being sold with tenants in situ. The property is currently generating in the region of £100,000 per annum and is offered for sale as freehold property, making this a rare investment opportunity. The property is comprised of 9 x 2 bedroom apartments and 2 x 1 bedroom apartments, each of which are let on an assured shorthold tenancy. The property benefits from one car parking space per apartment and a large garden area to the rear of the carpark. The property is in prime location for local amenities and is easily commutable from Derby City Centre.
Rent schedules and copies of tenancy agreements are available on request.
Apartment 8 - For example purposes, we have been unable to access a one bedroom apartment to provide measurements.
Lounge - 4.77 x 3.65
Kitchen - 1.71 x 2.58
Bedroom one - 3.45 x 3.29
Bedroom two - 2.45 x 2.36
Bathroom - 2.75 x 0.83
Rent schedules and copies of tenancy agreements are available on request.
Apartment 8 - For example purposes, we have been unable to access a one bedroom apartment to provide measurements.
Lounge - 4.77 x 3.65
Kitchen - 1.71 x 2.58
Bedroom one - 3.45 x 3.29
Bedroom two - 2.45 x 2.36
Bathroom - 2.75 x 0.83
Additional Information
Tenure:
Freehold
Council Tax Band:
A
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Oak Tree Apartments, 1-3 Reginald Road South
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