£695,000
10 bed flat for saleChapel Street, Alfreton, Derbyshire DE55
10 beds
5 baths
5 receptions
EPC Rating: E
Reduced on
About this property
Fully Tenanted With Long Standing Tenants
Producing A Strong 9% Yield
Total Income of £65,796 Per Annum
Five Two Bedroomed Apartments
Five Retail Units
Ten Parking Spaces
Leaders are delighted to offer this outstanding opportunity to acquire a fully-let, mixed-use freehold investment producing a strong 9% yield, with a total annual income of £65,796. The property comprises five well-located retail units and five spacious two-bedroom residential apartments, each fully self-contained and individually metered, with tenants responsible for their own utilities. All units hold valid Energy Performance Certificates, ensuring compliance and ease of management. Situated in a prominent town centre position adjacent to a busy car park and library, the 730 sq ft commercial frontage benefits from high visibility and steady footfall via a natural pedestrian route connecting High Street, Chapel Street, and Severn Square. With mains electricity, water, and drainage connected to each unit - and no leasehold or service charge complications - this is a rare, low-maintenance, income-generating asset in a high-demand central location, ideal for investors seeking reliable returns and long-term capital growth.
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