THE PROPERTY Offered for sale with tenants in situ is this well positioned, two bedroom fourth floor apartment, situated within the heart of Derby City Centre. The apartment is accessed via a front communal entrance, with lifts and stairwell up to the desired floor. Off an internal hallway, the property offers a large lounge/dining room/ kitchen, two good size bedrooms and bathroom. Due to its central location, this property provides a fantastic opportunity for an investment purchase, with a good potential yield.
Prosperity House is situated in Derby City centre; which has a vast array of local amenities, such as bars, restaurants and shops. The property is well connected with transport links, with the Bus station and Railway station close by, along with all major road links out of the City.
LEASE DETAILS Martin and Co have been advised the lease details are as follows -
Lease remaining 241 years (250 years from 1st December 2016) Service Charge: £4200 per annum Ground Rent: £250 per annum Rental Income: £9540 per annum
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Martin & Co - Derby. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Martin & Co - Derby for full details and further information.