This property has been taken off the market.

1 Bed Flat For Sale Ashbourne Road, Derby, DE22

£82,000- Flat

1 of 4
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 12th March 2024

Description

A valuable investment property realising a gross income of £5940.00 per annum. This smart and stylish spacious apartment is situating in the popular 'Burgess Mill' conversion on Manchester Street which is ideally located within easy reach of the University of Derby together with the Friar Gate quarter, boasting an array of bars and restaurants. Gas centrally heated and UPVC double glazed throughout, the property briefly comprises; communal entrance hall, reception hall with security intercom access phone, double bedroom with shower room en-suite. Stairs lead to a lower ground floor with a light and spacious living area and fitted kitchen Outside, the property is located within secure gated grounds with allocated car parking space. The property is on a 125 year lease from 2004 with 106 years remaining. Current management charges are £215.11 pcm. Energy rating B. Council tax band C.

Communal Entrance Hall - With keypad access, to:-

Reception Hall - Having staircase to lower ground floor. Into the:-

Mezzanine Bedroom - 3.40 x 2.92 (11'1\" x 9'6\") - With balcony overlooking the lower ground floor and radiator.

Shower Room/En Suite - Having modern white three piece suite comprising; low centre flush wc, pedestal wash hand basin and tiled shower cubicle with mains fed shower.

Lower Ground Floor -

Living Area - 5.76 x 4.52 (18'10\" x 14'9\") - Having radiator, television and media connection points, deep full height storage cupboard and double glazed window.

Kitchen - 3.72 x 1.75 (12'2\" x 5'8\") - Having a range of wall and base cupboards with laminated working surfaces, inset four ring electric hob with electric oven and grill and extractor hood. Off the kitchen is a utility cupboard offering space and plumbing for automatic washing machine.

Outside - The property has security gated access leading to a single car parking space.
Agent Details
My Pad Phillips and Co
3 St George’s House, Vernon Gate Derby DE1 1UQ

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£260,000
Derby, DE22
Share
9.9
£179,950
Derby, DE22
Semi Detached
9.5
£180,000
Derby, DE22
End Of Terrace
9.5
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested