Freehold Land for Auction Derbyshire S41 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

Guide Price: £75,000
Auction Date: 25/07/2024
Property Types
Flats/Maisonettes Investment Site/Land

Guide Price £75,000+. The site has full residential planning consent for the erection of a block of four apartments. It is believed that the apartments will have a residual value in the order of £120,000 each. It is further believed that they will each have a rental value in the order of £575-£600 per calendar month. The finished scheme will thus have a rental potential in the order of £28,000-£29,000 per annum gross. Each apartment will briefly comprise of an open plan lounge/kitchen area, bathroom, and two double bedrooms.

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