A two-bedroomed, purpose-built, first-floor apartment, enjoying a well-established residential location, convenient for the principal works, and is ideal for either first time buyer(S) or investor(S). The apartment is approached via communal entrance door with security entrance phone, together with communal lift, stairs and landing, leading to private accommodation of the apartment, which benefits from electric heating, and UPVC double glazing, and briefly comprises: -
internally, Entrance Hall, open-plan Living Dining Kitchen with feature outside quadrant Balcony, Two Bedrooms, and Bathroom. Externally, allocated car standing space in the front courtyard, security entrance gates, and small communal garden areas. Council tax band B (2018/2019), EPC tbc.
We understand the apartment complex was constructed in approximately 2005, with the apartment situated on the first-floor of a modern apartment block approached via electronic security entrance gates, with security entry phone to the main communal entrance hall. The subject apartment is currently tenanted with a rental of £450 per calendar month (pcm). However, based on comparables in the area, this rental could be increased. The apartment is in need of some refurbishment, but offers well-proportioned accommodation approached via its own private entrance hall, with open-plan living dining kitchen for modern, contemporary living, with patio doors to the external balcony, together with two bedrooms, and bathroom. Outside, there is an allocated car standing space within the front courtyard area, together with use of the small communal garden areas.
Park Gate is situated off Reginald Street, close to Osmaston Road, and a number of the principal works for Derby, yet is also within easy access of Derby city centre and range of amenities. The location affords ease of access to Derbys' ring road systems, and on-wards to the A38, A50, A52 and M1 for commuting further afield.
When leaving Derby city centre by vehicle, proceed south-east on the Osmaston Road, A514, passing the former Derbyshire Royal Infirmary (dri) on the left-hand side, and then after passing St. James Junior School on the right-hand side, turn immediately right into Reginald Street proceeding along the road for approximately 300-yards before finding Park Gate on the left-hand side.
Strictly by prior appointment with the Sole Agents, Gadsby Nichols. Ref: R12909
Park Gate is accessed via security entrance gates, to the: -
Having security intercom entrance phone to the individual apartments, together with lift, stairs and landing, leading to the: -
Having the benefit of electric heating and UPVC double glazing, the detailed accommodation comprises: -
Having front entrance door, electric wall-mounted heater, laminate flooring, water meter cupboard, and built-in airing cupboard.
Being of an open-plan design for modern, contemporary living, and comprising: -
Having UPVC double glazed window to the front, laminate flooring, electric wall-mounted heater, and UPVC double glazed sliding patio doors opening to the external quadrant balcony with tiled floor, railings and external light.
Having fitments comprising; one double corner base unit, two single base units, one double wall unit, and one single wall unit, together with twin stainless steel sink unit, integrated electric hob with stainless steel canopy over incorporating extractor hood and light, integrated stainless steel electric oven, two wall light points, and work surface areas.
Having two fitted double wardrobes and dressing shelf, electric wall-mounted heater, UPVC double glazed picture window to the rear, and laminate flooring.
Having UPVC double glazed window, and wall-mounted electric heater.
Having white suite of low-level WC, wash hand basin in vanity unit, and panelled bath with shower over and shower screen to the side, together with tiled walls, four ceiling downlighters, and wall-mounted electric convector heater.
Allocated car standing space within the front courtyard.
Access to small, communal garden areas, together with bin store and bike store.
We understand that the property is held leasehold, on a 125-year lease from 2005, with a current service charge in the region of £1,250 per annum, and a current ground rent of £75 per annum, together with an additional management fee of £80 per annum.
From enquiries of the voa Website, we understand that the property currently falls within council tax band B, with Derby City Council. However, we would recommend any prospective purchasers make their own enquiries with the local authority.
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