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Gower Street, Derby

PROPERTY TYPE

Apartment

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

  • Fourth-floor apartment
  • Two bedrooms plus a modern bathroom
  • Open-plan living area with integrated kitchen
  • Prime Derby City Centre location
  • Sold with tenants in situ
  • Council Tax Band: B
  • LET AT £780 PCM
  • ** CASH BUYERS ONLY **

Description


SUMMARY
SOLD WITH TENANTS IN SITU - LET AT £780 PCM - CITY CENTRE LOCATION - IDEAL INVESTMENT


DESCRIPTION
Being sold with tenants in situ, this well-located two-bedroom apartment sits on the fourth floor and enjoys a prime position in the heart of Derby City Centre. Access is via a secure communal entrance, with both lifts and stairs available to reach the upper floors. Inside, an entrance hallway leads to a spacious open-plan lounge, dining area and kitchen, along with two generously sized bedrooms and a bathroom. Thanks to its central setting and strong rental appeal, the property represents an excellent investment opportunity with the potential for an attractive yield.
Prosperity House occupies a superb spot within Derby City Centre, surrounded by a wide range of amenities including shops, bars and restaurants. The location also benefits from excellent transport connections, with the bus and railway stations just a short distance away and easy access to major road networks leading out of the city.

Note: 
Lease remaining 241 years - 250 years from Dec 2016
Service Charge: £4200 pa
Ground Rent: £250 pa
Rental Income: £9540 pa * approx


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Brochures

Full Details
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.
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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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Gower Street, Derby

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About Ashley Adams, Derby

37-38 Iron Gate, Derby, DE1 3GA

Since 2008, Ashley Adams has been serving Derby and Melbourne with expert knowledge across sales, lettings, and mortgage advice. Our passionate team provides comprehensive property services with extensive local insight for buyers, sellers, landlords, and tenants. If you're looking for help on your property search, contact us today.

Affordability

Monthly repayments£301
Property: £ 60,000
Deposit: £ 6,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference DER216174. 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 Ashley Adams, 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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