£695,000

10 bed flat for sale
Chapel Street, Alfreton, Derbyshire DE55

    • 10 beds

    • 5 baths

    • 5 receptions

  • EPC Rating: E

  • Freehold

Reduced on

Leaders - Derby

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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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More information

  • Tenure

    Freehold

  • Council tax band

    A

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Property descriptions and related information displayed on this page are marketing materials provided by - Leaders - 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 Leaders - Derby for full details and further information.