Derby Road, Nottingham

This Grade II listed terraced home has been converted to provide eight self contained flats.

Set over five floors the property includes; a studio apartment and a one bedroom apartment at ground floor level, plus a one bedroom duplex apartment set over the ground and basement levels, two further one bedroom apartments at first floor level, two more one bedroom apartments at second floor level, and the eighth one apartment on the third floor level.

There is off road parking for a number of vehicles, and a cellar providing an ideal storage space.

Licensed with a Block License, the property is currently fully let, with the exception of one apartment. Each apartment is let on a separate lease which is either rolling or annual.

Situated close to Nottingham city centre, and within easy reach of the Queens Medical Centre and numerous University sites, the property presents an exciting investment opportunity!

Ground Floor Accommodation -

Flat One - This studio apartment provides accommodation including a lounge/bedroom with a bay window and wardrobes, a separate kitchen and fitted shower room.

Flat Two - This duplex apartment provides accommodation arranged over two floors which includes a lounge at ground floor level, with stairs leading down to the kitchen, bedroom, and fitted shower room at basement level.

Flat Three - A further one bedroom apartment at ground floor level which also has a lounge with wardrobes, a separate kitchen, and a fitted shower room.

First Floor Accommodation -

Flat Four - Situated on the first floor, this one bedroom apartment also has a lounge, a separate kitchen, and a fitted shower room.

Flat Five - A further one bedroom apartment at first floor level, also with a lounge, a separate kitchen, and a fitted shower room.

Second Floor Accommodation -

Flat Six - Situated at second floor level, this apartment provides accommodation including a lounge, a bedroom, a separate kitchen, and a fitted shower room.

Flat Seven - A further one bedroom apartment at second floor level, also with a lounge, a bedroom, a separate kitchen, and a fitted shower room.

Third Floor Accommodation -

Bedroom Eight - This top floor apartment provides accommodation including a lounge giving open access to the kitchen, plus a bedroom, and a separate shower room.

Cellar - Accessed via a door and staircase leading down from the GROUND FLOOR HALLWAY. The cellar has an arched ceiling and provides an excellent storage space.

Outside - There is off street parking for a number of vehicles.

Rental Figures - At the time of writing, the flats are let on the following basis:-

-Flat 1: £455.00 per calendar month, on an annual contract

-Flat 2: £575.00 per calendar month, on a rolling contract

-Flat 3: £475.00 per calendar month, on a rolling contract

-Flat 4: £625.00 per calendar month, on an annual contract

-Flat 5: £530.00 per calendar month, on a rolling contract

-Flat 6: £495.00 per calendar month, on a rolling contract

-Flat 7: £595.00 per calendar month, on an annual contract
-Flat 8: £575.00 per calendar month, on a 6 month contract.

Directions - Derby Road leads into Nottingham city centre. The property can be located opposite the gated entrance to the Park Estate.

Referral Arrangement Note - Thomas James Estate Agents always refer sellers (and will offer to refer buyers) to Knights PLC, Premier Property Lawyers, Ives & Co, Curtis & Parkinson, Bryan & Armstrong, and Marchants for conveyancing services (as above). It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Thomas James Estate Agents would receive a referral fee of between £120 and £240 including VAT from them, for recommending you to them.

Energy Performance Certificate Graph Note - The graph shown relates to Flat 6. For further EPC information, please contact the selling agent.