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£75,000

The Gainsborough Drewry Court, Uttoxeter New Road, Derby, DE22

  • 2 beds
Flat

£75,000

  • 2 beds
Flat
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Buy with a mortgage
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Estimate monthly mortgage payment:

£342 per month

Minimum deposit amount:

£3,750
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** CASH BUYERS ONLY**

Investment Opportunity: Ground Floor Apartment with Tenants in Situ

WE HAVE BEEN ADVISED ON LEASEHOLD INFORMATION 

GROUND RENT: £25.00 PER YEAR

SERVICE CHARGES + GROUND RENT FOR LAST YEAR WERE : £968.00 PER YEAR.  (APPROX £81 PER MONTH) 

LEASE TERM : APPROX 965 YEARS remaining ON THE LEASE.

The above information must be confirmed before committing.

Rental income of £7140 per annum. 

Discover this fantastic investment opportunity with a ground-floor apartment that comes complete with tenants already in place. Situated in a prime location within walking distance to Derby City Centre, this property offers the convenience of urban living combined with hassle-free property management. The apartment is being sold with no upward chain, streamlining the process for potential buyers.

Key Features:

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Two Double Bedrooms: This spacious apartment boasts two double bedrooms, providing comfortable and versatile living spaces for the occupants.

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Communal Gated Car Park: Enjoy the convenience and security of a communal gated car park, ensuring that parking is never a concern.

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Council Tax Band A: Benefit from the advantages of a lower council tax rate with this propertys placement in Council Tax Band A.

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Convenient City-Centre Proximity: Nestled just a short walk away from Derby City Centre, residents have easy access to shopping, dining, entertainment, and all the amenities the city has to offer.

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Communal Entrance with Intercom: The building features a communal entrance hallway equipped with an intercom system, enhancing security and convenience for residents.

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Open Plan Living Space: The apartments layout includes a bright and inviting open plan living space, seamlessly connecting the living, dining, and kitchen areas.

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Modern Main Bathroom: The apartment features a modern main bathroom ensuring comfort and functionality.

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Ample Off-Street Parking: The communal gated car park, plenty of off-street parking is available for both residents and visitors.

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Strategic Location: Beyond its proximity to the city centre, the property offers excellent access to major routes, including the A38, as well as nearby facilities such as Derby Hospital.

Viewings Highly Recommended:

Dont miss the chance to explore this appealing investment opportunity firsthand. Arrange a viewing to fully appreciate the style, convenience, and potential of this ground floor apartment. For more information or to schedule a viewing, please contact Property Options Estate Agents.

****ATTENTION LANDLORDS!!! *** 8% FULLY MANAGED****
Property Options Estate Agents also offer a professional Property MANAGEMENT service.  If  you are thinking of letting or just simply need some advice or help with your buy to let property please call the Lettings Team or just drop us an email we can call you back.  

Ground Floor

Kitchen/Dining Room 4.01 x 3.34 m (13′2″ x 10′11″ ft)
Double door, door to:

Bathroom 2.10 x 1.74 m (6′11″ x 5′9″ ft)

Bedroom 2 4.37 x 1.92 m (14′4″ x 6′4″ ft)

Bedroom 1 3.67 x 2.94 m (12′0″ x 9′8″ ft)

Hallway

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£342 per month
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Mortgage and legal costs:
£999
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