Offers over
£1,100,000
20 bed flat for saleOak Tree Apartments, 1-3 Reginald Road South DE21
20 beds
11 baths
11 receptions
EPC Rating: D
- Freehold
Martin & Co Derby
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About this property
Block of 11 modern apartments
Generating circa £100,000 per annum
All apartments tenanted
Ideal investment opportunity
9 x 2 bedroom and 2x 1 bedroom
Council tax band A
Potential to develop subject to planning
Freehold
Off road parking
Recently developed
Rare investment opportunity - block of eleven apartments - generating circa £100,000 per annum - perfect addition to any landlords portfolio! Being sold with the freehold and tenants tenants in situ is this block of eleven apartments, comprised of nine two bed apartments and two one beds.
The property Located in the popular suburb of Chaddesden is this recently converted block of 11 apartments being sold with tenants in situ. The property is currently generating in the region of £100,000 per annum and is offered for sale as freehold property, making this a rare investment opportunity. The property is comprised of 9 x 2 bedroom apartments and 2 x 1 bedroom apartments, each of which are let on an assured shorthold tenancy. The property benefits from one car parking space per apartment and a large garden area to the rear of the carpark. The property is in prime location for local amenities and is easily commutable from Derby City Centre.
Rent schedules and copies of tenancy agreements are available on request.
Apartment 8 - For example purposes, we have been unable to access a one bedroom apartment to provide measurements.
Lounge - 4.77 x 3.65
Kitchen - 1.71 x 2.58
Bedroom one - 3.45 x 3.29
Bedroom two - 2.45 x 2.36
Bathroom - 2.75 x 0.83
Sizes in square meters
Apartment 1- 59
Apartment 2- 72
Apartment 3- 43
Apartment 4- 53
Apartment 5- 60
Apartment 6- 59
Apartment 7- 51
Apartment 8- 59
Apartment 9- 65
Apartment 10- 54
Apartment 11- 70
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