249-251 Belper Road, Stanley Common, Ilkeston, Derbyshire, DE7 6FY
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Key features
- Mix use investment oprtuinity
- Holiday let and Bistro achieving 17% yield
- Predominant location and plot
- Fully refurbished and hands off
Description
High-Yield, Hands-Off Investment Opportunity 17% Return
Town & Country Property Auctions (East Midlands) are delighted to present this exceptional investment opportunity, offering an impressive 17% yield and strong income potential.
Situated in a prominent location, this substantial property occupies a generous plot and comprises:
A large main building
Ample front and rear parking
Additional external pods
A well-established bistro, currently let on a 7-year lease Achieving £17,000 per annum
A highly attractive luxury apartment, currently operated as a holiday let
The holiday apartment is already generating approximately £24,000 per annum, with clear potential for further growth.
This is a fully hands-off investment, delivering reliable, guaranteed monthly rental income, and is offered at below market valuemaking it an ideal all-in, money-out" opportunity for both seasoned and first-time investors.
Opportunities of this calibre are rare and not to be missed.
To register your interest, bid, or arrange a viewing, contact:
Town & Country Property Auctions East Midlands
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Brochures
Legal DocumentsOnline Bidding249-251 Belper Road, Stanley Common, Ilkeston, Derbyshire, DE7 6FY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Langley Mill Station3.6 miles
- Ilkeston Station3.9 miles
- Duffield Station4.2 miles
About Town & Country Property Auctions, Oswestry
4 Willow Street, Oswestry, SY11 1AA
Notes
Disclaimer - Property reference 345019. 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 Town & Country Property Auctions, Oswestry. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Town & Country Property Auctions, Oswestry on 0117 463 3986.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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