Sold subject to contract
  1. Property photo 1 of 10 4F1Cf687-Image001
  2. Property photo 2 of 10 131Eade1-Image009
  3. Property photo 3 of 10 Aa6ce1Aa-Image006

Offers over

£1,100,000

20 bed flat for sale
Oak Tree Apartments, 1-3 Reginald Road South DE21

    • 20 beds

    • 11 baths

    • 11 receptions

  • EPC Rating: D

  • Freehold

Martin & Co Derby

Logo of Martin & Co Derby

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

Zoopla insights

Sign in and gain expert analysis to make informed decisions

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in DE21

Property descriptions and related information displayed on this page are marketing materials provided by - Martin & Co Derby. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Martin & Co Derby for full details and further information.