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Market Place, Derby, Derbyshire, DE1

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
FLOOR-PLAN
1

Key features

  • 7.7% Yield
  • First floor studio apartment
  • City centre location
  • Overlooking the Market Place
  • Currently tenanted
  • Secondary glazing
  • Electric heating
  • Viewing is essential

Description

** IDEAL INVESTMENT PROPERTY GENERATING ANNUAL GROSS INCOME OF £6,900**
A first floor studio apartment within a Grade II listed building over looking the market place in the city centre, providing an ideal investment opportunity. This recently converted apartment benefits from secondary glazed windows, electric heating, new carpet and new oven and hob. The property is currently tenanted and achieves annual rental income of £6,900. Located on the first floor this property has a entrance hall, open plan studio with lounge and bedroom area having a feature fireplace and the kitchen has integral oven, hob and fridge. There is a modern shower room with double shower off the studio. Viewing is essential.

Outside

There is a gate from the market place leading to this block of apartments.

Communal Area

There is a communal entrance hall, stairs and landing leading to this apartment.

Entrance Hall

Wooden door from the communal landing. Intercom to communicate with main gate, door to the studio.

Studio

5.56m x 5.05m

Three secondary glazed windows to the front. Decorative fireplace, electric panel heater. Matching wall and base mounted units, work surface with a single sink with drainer and mixer tap and tiled splashbacks. New integral electric oven, new electric hob and extractor over. Integral fridge and a washing machine. Door to the shower room.

Shower Room

3.25m x 1.24m

Secondary glazed window to the rear. Double shower cubicle, vanity wash hand basin and WC. Splashback panels, heated towel rail and extractor.

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.
Band: A
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.
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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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Market Place, Derby, Derbyshire, DE1

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Recently sold & under offer
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About Frank Innes, Derby

41 Cornmarket, Derby, DE1 2DG
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Frank Innes are the East Midlands leading Estate & Letting Agency providing a first class service to all their customers.

Homeowners have been choosing Frank Innes to sell or rent their property since 1932, building a solid reputation for providing Best Service, Best Price, Best Value.

Award winning branches are strategically positioned across Leicestershire, Nottinghamshire and Derbyshire to reach more buyers in the East Midlands than any other agent. These branches are serviced by some of the industries most experienced and dedicated professionals motivated to deliver a personal and unique service to meet the needs of all customers.

Frank Innes is part of Countrywide the UK's largest and most successful estate, lettings and property services group. With over 1300 associated branches across England, Scotland & Wales the network provides unrivalled opportunity and support to all property buyers, sellers and investors choosing a Countrywide agent.

Call your local Frank Innes branch today for successful property buying/selling/letting across the East Midlands region.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£374
We think you can borrow up to
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Disclaimer - Property reference DEY240478. 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 Frank Innes, Derby. 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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