INSTANT INCOME INVESTMENT OPPORTUNITY WITH 6.5% YEILD AND £695 PCM RENT!. A luxury, third floor Apartment having, TWO DOUBLE BEDROOMs, with EN-SUITE to master bedroom, benefiting from UNDER FLOOR HEATING and a SECURE ALLOCATED PARKING SPACE. Located in one of Derby's HOT SPO.
Located in one of Derby?s hot spots! Northwood is pleased to bring to the market this two double bedroom, third floor apartment which is ideal for an Investor. There is currently an opportunity to earn an instant investment income on this property as it is rented out on an Assured Shorthold Tenancy Agreement achieving a monthly rent of £ 695 per calendar month until the middle of June 2020, a yeild of 6.5%. There is also a new Tenancy Agreement which has been signed covering the academic year from 15 July 2020 until 31 June 2021.
The apartment can be found in the prestigious "Westpoint" development which is only a 5 minute walk from the City centre. The property benefits from a video entry system, underfloor heating, double glazing and in brief comprises: Entrance hall, open plan living/dining/kitchen with granite work tops and SMEG appliances, to include a fridge freezer, dishwasher, electric cooker and washer/dryer. There are two double bedrooms with en-suite shower room to the master bedroom. Both bedrooms are fitted with a wardrobe and the luxury bathroom has a three piece suite and shower over the bath. Outside access to the development is either via a secure pedestrian access or secure gates leading to the parking area. This apartment has an allocated parking space.
This property is Leasehold and benefited from a 999 year Lease which commenced on 1 January 2006. The ground rent is £250 per annum and the service charge is £953.86 per annum.
Note the photographs are for indication purposes and were taken pre-tenancy. Full measurements and details will follow once the lockdown has been lifted. For an initial virtual viewing click the link below ;-
Draft details waiting the vendors approval. EPC rating: B.2 bedrooms
Property advert Ref 4955488 - Is a property advert for marketing purposes only, the information has been supplied by the owner, estate agent or property portal and The House Shop makes no warranty as to the accuracy or completeness of the information. Furthermore we have no control over the adverts content. This property advertisement does not constitute property particulars. Please contact the advertiser to obtain any information regarding The Energy Performance Certificate regarding homes in England and Wales or Home Report for residential property in Scotland.