Offers over
£65,000
Parking/garage for saleNewtons Walk, Kedleston Road, Derby DE22
- Freehold
Curran Birds + Co
.png){kind=logo}
About this property
Eight Single Garages with Parking
Rare Opportunity - Great Investment
Sought after Area off Kedleston Road
All Let on Agreements - Average Return of over £8,000 per Annum
Average Return around £1,000 for Each Garage per Annum
Good Demand - Waiting List on Availability
Easy Access to Derby City Centre
Excellent investment - A rare opportunity to acquire eight single garages that are currently let with an overall income of over £8,000 per year. The garages are located in this highly sought after residential area just off Kedleston Road close to the popular 'Six Streets' area. The garages location is also convenient for access to Derby City Centre.
The Detail
A rare opportunity to acquire eight single garages that are currently let with an overall income of over £8,000 per year. The garages are currently on lettings agreements with either 6 or 12 month agreements with each garage averaging around £1,000 per annum.
The garages are located in this highly sought after residential area just off Kedleston Road close to the popular 'Six Streets' area. The garages location is also convenient for access to Derby City Centre.
These eight single garages consist of four blocks of two side by side with vehicular access off Newtons Walk.
There is good demand for these garages and the current landlords have a waiting list of people waiting for availability.
The Location
The garages are located in the highly sought after Six Streets area off Kedleston Road, positioned just a short walk away from the City centre offering easy access to a full range of amenities including comprehensive shopping facilities along the Corn Market and the Derbion shopping centre with its major retail outlets and state of the art cinema.
The Cathedral Quarter also boasts a selection of up-market clothing outlets together with a selection of cafes bars and public houses. Friar Gate is the place to be for those who enjoy relaxing and indulging in stylish restaurants and bars.
The property also offers easy access on the A6, A38, A50, A52 leading onto the M1 Motorway and access to East Midlands Airport.
The property is located within easy walking distance of Markeaton Park and the beautiful Darley Park and its riverside walks.
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
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.