For Sale

Derby – High quality city centre development providing 12 apartments fitted to a high specification

St Mary's Gate Apartments, 25-26 St Mary's Gate, Derby, DE1 3JR

Offers in excess of £1,700,000

Property Type:
Residential
Sub Types:
Block of Flats, Investment, Multiple Flats
Tenure:
Freehold

Description

  • Freehold unbroken block
  • Comprising 12 self-contained apartments, arranged to provide 9 x one bed and 3 x two bed accommodation
  • Grade II Listed buildings extensively redeveloped to provide high quality residential accommodation
  • High specification throughout, including Hansgroh, Bosh and Mira
  • Vacant possession on completion
  • Estimated Rental Value, if let privately on the open market is £131,400 per annum
  • An asking price offer of £1,700,000 (One Million Seven Hundred Thousand Pounds), provides a gross yield of 7.7% if let privately on the open market 

Subject to contract