Residential Investment Derbyshire S42

Guide Price: £175,000
Auction Date: 14/08/2024

Guide Price £175,000. A substantial detached property occupying a large Freehold plot in this popular area. The property comprises a long established conversion into 5 self contained apartments, including 2 one bedroom ground floor and 3 first floor flats, each with a bedsitting room, bathroom and kitchen. There is forecourt parking and a substantial rear store offering 89 sqm (955 sqft) of storage accommodation. and new cloakroom and kitchen facilities. The two ground floor flats are currently let at £485 and £515 pcm, whilst the three first floor units are vacant and require completion prior to reletting. When fully let the overall gross income will be in the region of £35,000 pa.

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