Studio for sale

Iron Gate, Derby DE1

Summary
An excellent opportunity for a buy to let investor to acquire a studio apartment in the sought after Cathedral Quarter area of the city.

Description
An excellent opportunity for a buy to let investor to acquire a studio apartment in the sought after Cathedral Quarter area of the city. The studio is currently let at £650 pcm but could also be available with vacant possession. The accommodation is accessed via secure communal areas and comprises a studio room with modern kitchen with integrated appliances and separate shower room. Please contact Ashley Adams for further information.

Accommodation
The property is accessed via secure communal areas with access of Iron Gate with the studio room comprising of double glazed windows to the side and a modern kitchen with integrated oven, hob, cooker hood and fridge. A door provides access to a modern three piece shower room.

In addition, there is a separate communal laundry room.

Note
We have been advised by the current owner the ground rent is £250 pa with a service charge of £2528.53 pa.
The lease is 250 years with approx. 245 years remaining.

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.