Property Description

***High yielding residential investment opportunity*** Offered for sale at a very attractive guide price, is a well-appointed one double bedroomed fourth floor apartment, currently let on a rolling tenancy agreement producing £600 per calendar month (£7,200 per annum). Entered via a communal entrance hall with lift and stairs, the apartment itself has the benefit of replacement sealed unit uPVC double glazed windows and in brief comprises of entrance with airing cupboard and separate storage cupboard, lounge with views and balcony, fitted kitchen with plumbing for an automatic washing machine, double bedroom with built-in-wardrobe and fitted shower room. Outside there are well kept grounds with communal parking. The property is located next to the popular Park Farm Shopping Centre and is also within easy reach of local primary and secondary schools. Derby city centre and the A38 are both within a short commute.

Communal Entrance

With lift.

Entrance Hall

9ft 1 max x 4ft 8

Lounge

13ft 3 x 10ft 2 - with external balcony.

Fitted Kitchen

9ft 2 x 6ft 6

Bedroom

11ft 4 x 9ft 4

Shower Room

6ft 4 x 5ft 4

Outside

Communal parking with kept grounds

Leasehold Information

199 years from 29 September 1987. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. We have not been provided with a leasehold sale pack. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Flood Risk

Rivers and Seas - Very low. Surface Water - Very low.

Building Construction

Cavity wall, as built, partial insulation (assumed) - Information taken from EPC.

Broadband (estimated speeds)

Standard 14 mbps, Superfast 80 mbps and Ultrafast 1000 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky and BT show as available in this location.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Leasehold

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