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Full details for 1 Bedroom Apartment For Sale in Derby

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Description

This is an investment opportunity to purchase an apartment in Draycott generating £6,600 rent pa and a gross yield of 6.7%.

Leasehold information:


  • Length of lease: 250 years
  • Year lease started: 2004

Property details


  • Converted flat within a Grade II Listed Victorian Mill Building
  • Located on the ground floor
  • Open plan kitchen/living room
  • Allocated parking space
  • EPC rating D
  • Current monthly rental income £550

Location information


  • The property is located in Draycott, just 7 miles south-east of Derby
  • Easy access to the M1 motorway via Junction 25
  • The closest train station is Long Eaton, just under 3 miles away, which is on the Midland Main Line and Derby-Nottingham Line
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