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SOLD STC

Gerard Street North, Derby, Derbyshire, DE1

PROPERTY TYPE

Detached

BEDROOMS

8

BATHROOMS

8

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

Ready made investment opportunity. Eight studio flats within a converted detached freehold building, located within the city centre, currently generating a gross annual income of £40,800 (net £39,600). This property is currently fully occupied and benefits from gas central heating, double glazing, parking and approved planning permission for a two storey rear extension ( ref: DER/04/17/00483). To the ground floor there is a communal hallway providing access to four studio flats and there is a futher four studio flats to the first floor. On each floor there is a laundry cupboard with a coin operated tumble dryer. There is a driveway leading down to the side of the property which leads to a parking area and bin store. Viewing is essential.

Agents Note

The photos are taken of Flat 4 but they are a true representation of the condition of each room. However Flat 4 is one of the smallest within the building.

Energy Performance Certificate

Each flat within this property has a valid Energy Performance Certificate. The EPC for flat 1 has been used as an example for the property.

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Gerard Street North, Derby, Derbyshire, DE1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Station0.8 miles
  • Peartree Station1.6 miles
  • Spondon Station3.0 miles
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About the agent

Frank Innes, Derby

18-22 St James's Street, Derby, DE1 1RN

Frank Innes, Derby

Frank Innes are the East Midlands leading Estate & Letting Agency providing a first class service to all their customers.

Homeowners have been choosing Frank Innes to sell or rent their property since 1932, building a solid reputation for providing Best Service, Best Price, Best Value.

Award winning branches are strategically positioned across Leicestershire, Nottinghamshire and Derbyshire to reach more buyers in the East Midlands than any other agent. These branches are serviced

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

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Disclaimer - Property reference DEY230595. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Frank Innes, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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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