Flat for sale in Derby DE24, 2 Bedroom

Northwood are pleased to offer for sale this two double bedroom, top floor apartment which can be found in the highly sought after "City Point" development, offering an investor an excellent opportunity to earn an instant investment income. The property benefits from gas central heating and double glazing and in brief comprises: Communal entrance hall with stairs leading to all floors, entrance hall, light and airy lounge / diner with views, good sized dining kitchen, two good sized double bedrooms and bathroom with three piece suite and separate shower cubicle. Outside the property has allocated parking for one car.

The property is currently rented out on a fixed term Assured Shorthold Tenancy Agreement achieving a monthly rent of £700 pcm, giving a gross yield of 6.86% . The property comes to the market with no upward chain. Early viewing is essential to appreciate the quality of the accommodation on offer.

This executive style, modern apartment can be found on the edge of Pride Park and offers ease of access to Derby City Centre with its range of bars, restaurants and the much sought after Intu Shopping Centre. The property is also brilliantly positioned for ease of access to Derby Railway Station, the bars and restaurants within Pride Park and the A6 / A50 / A52 giving onward travel to the M1

Draft details waiting for vendors approval.

Communal Entrance
With stairs leading to all floors. This property can be located on the second floor.

Entrance Hall
Radiator, wall mounted alarm panel, smoke alarm, wall mounted fuse board and wall mounted intercom telephone.

Lounge / Diner 14'3"max x 13'10"max (4.35m x 4.21m)
Four UPVC double glazed windows, radiator, wall mounted central heating thermostat and TV aerial points linking to a communal aerial network.

Kitchen / Diner 13'1" x 9'5" (3.98m x 2.88m)
Vinyl flooring, partly tiled walls, radiator, UPVC double glazed window, central heating boiler concealed in a wall unit and a fully fitted kitchen to include a range of wall and base units with worktop over, one and a half bowl sink and drainer, integrated neff appliances to include an electric oven, gas hob and extractor hood, integrated washer dryer and under counter spaces for a fridge and a freezer.

Bedroom One 15'0" x 9'8" (4.56m x 2.94m)
UPVC double glazed window and radiator.

Bedroom Two 10'6" x 9'4" (3.20m x 2.85m)
UPVC double glazed window and radiator.

Bathroom 9'1" x 6'4" (2.77m x 1.92m)
Vinyl flooring, partly tiled walls, extractor fan, UPVC double glazed window with obscure glass, radiator and comprising a four piece suite to include a low level WC, pedestal sink, panelled bath and separate shower cubicle with shower.

Outside
The property benefits from an allocated parking space.

Lease and other financial information
We have been advised that the original lease for this property was 999 years commencing in 2007. The ground rent is £180 per annual and we have been verbally advised that the service charge is £98.99 per month.