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Uttoxeter New Road, Derby, Derbyshire, DE22

PROPERTY TYPE

Flat

BEDROOMS

2

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.

Key features

  • Tenanted city centre apartment
  • Two bedrooms
  • Second floor
  • Balcony
  • Allocated parking within a gated car park
  • Electric heating
  • Double glazing
  • Open plan kitchen lounge diner
  • Viewing is essential

Description

Buy to let investment opportunity with a tenant in situ. This second floor city centre apartment offers two bedrooms, open plan kitchen lounge diner with a balcony and one allocated parking space within a secure resident's car park and is currently achieving a gross rental income of £9,840 pa which includes bills. The tenant is contracted until November 2025 and the property benefits from electric heating and double glazing. There is a communal entrance hall, stairs, lift and open landing leading to the apartment. The apartment has a welcoming hallway, open plan kitchen lounge diner with french doors to a balcony, two bedrooms both with fitted wardrobes and a bathroom with a three piece suite in white. Outside there is one allocated parking space within a resident's car park which has electric gates. Viewing is essential.

Communal Area

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

Hallway

Hallway

Wooden double glazed door from the open landing. Electric heater, airing cupboard, built in cloak storage cupboard, doors off to the open plan kitchen lounge diner, bathroom and both bedrooms.

Lounge Area

5.36m x 3.33m

UPVC double glazed french doors to the balcony and uPVC double glazed window to the rear. Electric heater and open plan to the kitchen area.

Balcony

Overlooking Uttoxeter New Road.

Kitchen Area

3.15m x 2.36m

UPVC double glazed window to the front. Matching wall base units, roll edge work surface with a one and half sink drainer with mixer tap. Integral electric oven, electric hob, stainless steel splashback and extractor over. Integral fridge, integral freezer and space for a washing machine.

Bedroom One

3.4m x 3.18m

UPVC double glazed window to the front. Electric panel heater and built in mirror fronted wardrobes.

Bedroom Two

3.43m x 2.18m

UPVC double glazed window to the front. Electric panel heater and built in wardrobes.

Bathroom

2.08m x 1.93m

Three piece suite in white comprising a panelled bath with shower over and shower screen, pedestal wash hand basin and WC. Heated towel rail and extractor.

Outside

There is one allocated parking space within a secure resident's car park which has electric gates.

Tenancy

The current tenancy agreement runs until 29th November 2025. The rent is £820 pcm and all bills are inclusive (council tax, electricity and water). After bills the net income is approx £7800 pa.

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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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.
Level access

Uttoxeter New Road, Derby, Derbyshire, DE22

Approximate location

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Renovation potential
Recently sold & under offer
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About Frank Innes, Derby

41 Cornmarket, Derby, DE1 2DG
Industry affiliations:

Serving Leicestershire, Nottinghamshire and Derbyshire, Frank Innes offers trusted sales and lettings services across the East Midlands. Established in the early 1930s and part of the Connells Group, our local branches provide expert advice backed by decades of experience. If you're looking for help on your property search, contact us today.

Affordability

Monthly repayments£527
Property: £ 105,000
Deposit: £ 10,500
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference DEY250186. 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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