Sold

Derby – Well located city centre investment comprising 19 self-contained flats

64-76 (even) Curzon Street, Derby, DE1 1LP

Offers in excess of £1,250,000

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

Description

Investment Considerations

  • Seven neighbouring freehold houses comprising 19 self-contained flats, arranged as: 4 x 1 beds & 15 x 2 beds
  • Very well located on the edge of Derby City Centre, within the inner city ring road
  • Currently fully let, producing an income of £100,680 per annum
  • Potential to increase rental income, with an estimated rental value (ERV) of £113,700 per annum
  • Gross Yield: 9.1% (based on ERV)

Subject to contract