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Breach Road, Heanor

Key features

  • Seven self-contained studio apartments
  • Current Income £46,200 per annum
  • Fully let and income producing
  • Excellent condition
  • Offers invited at £550,000 to show an initial yield of 8.4%
  • £78,600 per unit

Description

Heanor is a town in the Amber Valley District of Derbyshire. It lies 8 miles north-east of Derby, 9.5 miles
north-west of Nottingham and forms with the adjacent village of Loscoe the Civil Parish and Town Council
Administered Area of Heanor and Loscoe. This has a population at the last Census of 17,250. More than 20% of the local working population is involved in manufacturing, with the retail industry employing over 17%.
A number of well-known manufacturing companies are situated within the immediate area providing a good
source of employment. Breach Road runs in a north-westerly direction from its junction with Ilkeston Road which forms part of the A6007 Trunk Road. Breach Road connects in an easterly direction with Lacefields Road. This property is situated close to the junction with the main road and was a former Public House. In some instances the surrounding properties have been redeveloped for modern residential use, whereas other
properties also occupied for residential purposes have been upgraded. This is a popular area, convenient for the facilities within Heanor Town Centre, but also a short travelling distance to Ilkeston and elsewhere. 

The property comprises a substantial building with accommodation arranged on ground and one upper floor, being formerly a Public House. The building is of 9" and 10½" cavity brick construction under a slate roof. The property has been extensively altered and modernized by the Vendors to provide three spacious ground floor apartments together with four similar apartments at first floor level. The property has been upgraded with the installation of PVC windows throughout and has metal gutters and downpipes.
Each apartment consists of a living room, kitchen area with separate bedroom and en-suite facilities.
Each flat is separately metered. Heating is provided by electric convectors. At the rear of the property there is a small rear yard approached via a covered, secure walkway from Breach Road.
As elsewhere throughout the United Kingdom, the area enjoys a buoyant letting market for apartments such as the subject property. 

These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property. 

Brochures

brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Breach Road, Heanor

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Langley Mill Station0.9 miles
  • Ilkeston Station2.8 miles
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About the agent

FHP Living, West Bridgford

23 Bridgford Road, West Bridgford, Nottingham, NG2 6AU

FHP Living, West Bridgford

Proactive residential property consultants FHP Living is the residential division of Fisher Hargreaves Proctor Property Consultants, the East Midlands property advisor of the year. We are a vibrant, forward-thinking and proactive estate agency with a dedicated team of hard-working property professionals who focus on specific areas; each agent then becomes an expert with detailed knowledge for that area.

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Disclaimer - Property reference 102431015566. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by FHP Living, West Bridgford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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