Tenant in situ with rental of £8,100 (Incredible 9% Return) +
Exceptional investment opportunity with a strong return on investment from rental income and potential for future capital growth +
Modern Two-Bedroom Apartment: Secure and contemporary second-floor living space, ideal for professionals or small families +
Prime Location: Situated on the outskirts of Ilkeston town centre in a quiet cul-de-sac, offering easy access to shops, schools, and commuter routes, including the A610 & M1 +
Recently Updated: Freshly decorated with new carpets throughout, making it move-in ready for tenants +
Convenient Transport Links: Just a 22-minute walk to Ilkeston train station, providing excellent connectivity to Derby, Nottingham, and beyond +
Leisure and Amenities: Located in Derbyshire's third-largest town, close to a variety of shops, bars, and sporting facilities including a bowling alley and an 18-hole golf course +
Cost-Effective Council Tax: Positioned within Council Tax Band B, ensuring a reasonable annual expense +
Long Lease Term: Benefiting from a lengthy lease of 133 years remaining, offering peace of mind and stability +
Allocated Parking: Includes the convenience of allocated off-road parking, a desirable feature for tenants and owners alike +
Are YOU looking for a buy to let property? NOW is a great time to secure a property like this with a great ROI from rental income and future capital growth - OVER 7% GROSS Yield, P.A. A FANTASTIC opportunity to acquire a MODERN and secure TWO bedroom second floor apartment in a great location within Ilkeston.
Recently decorated throughout and benefits from new carpets too and if that and the great yield is not enough, you will benefit from a good tenant, already in situ. No need to find the right tenant to fit - having a reliable tenant already in place ensures immediate rental income and reduces initial investment risks.
The property sits just on the outskirts of the town centre in a quiet cul-de-sac offering you easy access to shops, schools and commuter routes such as the A610 & M1 and just a 22 minute walk to Ilkeston train station.
The third largest town in Derbyshire, Ilkeston is situated 9 miles from Derby and only 8 miles from Nottingham and the town offers all the usual shops bars and there is also a great range of sporting facilities in and around the town that includes a 10-pin bowling alley and an 18 hole golf course.
Take a look at this great property and secure it before someone else does!
| ADDITIONAL INFORMATION
Council Tax Band - B - £1,523.35 P.A.
EPC Rating - C
Gas central heating
Lease Length: 133 years remaining
Service Charge: £1,067.53 P.A.
Ground Rent: £169.50 Payable every six months
| SECOND FLOOR
Lounge / Diner: Approx 15' 0" x 11' 2" (4.57m x 3.40m)
Kitchen: Approx 8' 8" x 8' 6" (2.64m x 2.59m)
Bedroom One: Approx 11' 2" x 8' 7" (3.40m x 2.62m)
Bedroom Two: Approx 9' 5" x 7' 6" (2.87m x 2.29m)
Bathroom: Approx 8' 9" x 5' 2" (2.67m x 1.57m)
| OUTSIDE
Allocated off road parking
Agent Details
Leysbrook, Letchworth
01462 416614
Next Steps?
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