Under Offer

Derby – Freehold unbroken block comprising 78 apartments

Heritage Gate, Derby, DE1 1NU

Offers in excess of £7,550,000

Property Type:
Residential
Sub Type:
Block of Flats
Tenure:
Freehold

Description

  • Unbroken Freehold block
  • Comprising 78 apartments: 42 one bedroom and 36 two bedroom (c. 39,784 sq ft net saleable area)
  • 72 car parking spaces
  • Current Rent Reserved: £622,700 per annum (96.2% occupancy)
  • Estimated Rental Value: £644,060 per annum
  • Gross Yield: 8.53% (based upon ERV)