Southcroft, Derby
- PROPERTY TYPE
Detached
- BEDROOMS
8
- BATHROOMS
5
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Investment Opportunity
- Five Individual One/Two Bedroom Apartments
- Communal grounds & Allocated Parking
- Built In 2008
- Popular Residential Location
- Current Gross Yield of 7.7%, Set to Increase in March 2027 to 8.3%
- Turn Key Opportunity
- Close to Excellent Amenities
- Easy Access to Transport Links
- Viewing Recommended
Description
A purpose built apartment block comprising five individual apartments set over three floors In a popular convenient location.
Constructed in 2008, Hawthorn Court has been a very successful investment for the current owners who now wish to relinquish and provides a fantastic opportunity for a new owner. The block comprises two one bedroom apartments, two two bedroom apartments and a fabulous two bedroom penthouse.
The one bedroom apartments comprise an entrance hall, open plan lounge/dining room with kitchen off, double bedroom and bathroom. The two bedroom apartments comprise an entrance hall, lounge/dining room, separate kitchen, two bedrooms and a bathroom. The penthouse comprises of an entrance hall, open plan living kitchen with lounge, dining room and kitchen, two bedrooms and a bathroom.
The block features allocated parking for each apartment and communal gardens. There is also a clothes drying area. The properties are accessed via a secure communal entrance hall with staircase to the upper floors.
The current rent per annum amounts to £38,520 which represents a gross yield of 7.7%. The agreed increases for March 2027 will increase the yield to 8.3% gross.
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The Location - The location is highly sought after, just off Stenson Road, offering easy access to a fabulous range of amenities in Stenson Fields, Sinfin and Littleover. These combine to offer a full range of amenities. There is a bus service that runs into the city centre and easy access towards nearby open countryside with excellent transport links. Good schooling is available within close proximity.
Tenure - Please note: the block is run by Hawthorn Court Management (Southcroft) LTD and there is a current service charge of £30/month per apartment.
Council Tax Band A & B -
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Brochures
Southcroft, DerbyBrochure- 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.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Southcroft, Derby
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Visit our security centre to find out moreDisclaimer - Property reference 34791904. 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 Fletcher & Company, 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.
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