Palmerston Road, Ilkeston, DE7
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Tenant in situ with rental of £8,100 (Incredible 9% Return)
- Exceptional investment opportunity with a strong return on investment from rental income and potential for future capital growth
- Modern Two-Bedroom Apartment: Secure and contemporary second-floor living space, ideal for professionals or small families
- Prime Location: Situated on the outskirts of Ilkeston town centre in a quiet cul-de-sac, offering easy access to shops, schools, and commuter routes, including the A610 & M1
- Recently Updated: Freshly decorated with new carpets throughout, making it move-in ready for tenants
- Convenient Transport Links: Just a 22-minute walk to Ilkeston train station, providing excellent connectivity to Derby, Nottingham, and beyond
- Leisure and Amenities: Located in Derbyshire's third-largest town, close to a variety of shops, bars, and sporting facilities including a bowling alley and an 18-hole golf course
- Cost-Effective Council Tax: Positioned within Council Tax Band B, ensuring a reasonable annual expense
- Long Lease Term: Benefiting from a lengthy lease of 133 years remaining, offering peace of mind and stability
- Allocated Parking: Includes the convenience of allocated off-road parking, a desirable feature for tenants and owners alike
Description
Are YOU looking for a buy to let property? NOW is a great time to secure a property like this with a great ROI from rental income and future capital growth - OVER 7% GROSS Yield, P.A. A FANTASTIC opportunity to acquire a MODERN and secure TWO bedroom second floor apartment in a great location within Ilkeston.
Recently decorated throughout and benefits from new carpets too and if that and the great yield is not enough, you will benefit from a good tenant, already in situ. No need to find the right tenant to fit - having a reliable tenant already in place ensures immediate rental income and reduces initial investment risks.
The property sits just on the outskirts of the town centre in a quiet cul-de-sac offering you easy access to shops, schools and commuter routes such as the A610 & M1 and just a 22 minute walk to Ilkeston train station.
The third largest town in Derbyshire, Ilkeston is situated 9 miles from Derby and only 8 miles from Nottingham and the town offers all the usual shops bars and there is also a great range of sporting facilities in and around the town that includes a 10-pin bowling alley and an 18 hole golf course.
Take a look at this great property and secure it before someone else does!
| ADDITIONAL INFORMATION
Council Tax Band - B - £1,523.35 P.A.
EPC Rating - C
Gas central heating
Lease Length: 133 years remaining
Service Charge: £1,067.53 P.A.
Ground Rent: £169.50 Payable every six months
| SECOND FLOOR
Lounge / Diner: Approx 15' 0" x 11' 2" (4.57m x 3.40m)
Kitchen: Approx 8' 8" x 8' 6" (2.64m x 2.59m)
Bedroom One: Approx 11' 2" x 8' 7" (3.40m x 2.62m)
Bedroom Two: Approx 9' 5" x 7' 6" (2.87m x 2.29m)
Bathroom: Approx 8' 9" x 5' 2" (2.67m x 1.57m)
| OUTSIDE
Allocated off road parking
Brochures
Brochure 1- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Palmerston Road, Ilkeston, DE7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ilkeston Station0.9 miles
- Langley Mill Station3.6 miles
- Toton Lane Tram Stop3.9 miles
About the agent
Leysbrook, Letchworth
Devonshire Business Centre, Works Road, Letchworth Garden City, SG6 1GJ
Leysbrook are experts in the local property market. We are aware of the global and national trends that can influence the local property market and what impact they have on your property and its value. Our knowledge goes beyond the bricks and mortar. Leysbrook are aware of anything that can potentially affect your property transaction and they have a solution in mind before you even know there is a problem. Leysbrook deliver an experience which is centred around you and your needs, ensuring y
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