2 bed property for sale

Derby Road, Loughborough LE11

Summary
A fantastic investment opportunity with scope for further development! We are delighted to offer for sale this detached property which is currently split into two individual apartments with planning consent approved for a further apartment, currently generating £17,400 per annum in rental income.

Description
A fantastic investment opportunity with scope for further development! We are delighted to offer for sale this detached property which is currently split into two individual appartments with planning consent approved for the creation of a further apartment - full planning details can be found at Charnwood borough council under planning reference P/23/0321/2
The property is currently made up as follows -
Apartment 201A - Ground floor apartment comprising hallway, living room, kitchen are, bedroom and bathroom, let under a periodic assured shorthold tenancy currently generating an annual income of £7800 per annum.
Apartment 201B - First floor apartment comprising hall, stairs off to first floor, Lining room, kitchen are, bedroom and shower room, let under and assured shorthold tenancy until July 2025 currently generating an annual income of £7800 per annum.
The planning consent allows for the creation of a self contained second floor apartment which will generate an additional income.
For further details of the property, planning information or to arrange a viewing please contact the branch for further information.

201a
Apartment 201A -
A ground floor apartment currently rented out on a periodic assured shorthold tenancy, generating an income of £8640 pa. The apartment benefits from new flooring, resplastered walls and extended kitchen countertops.

201b
Apartment 201B -
A first floor apartment currently rented out on an assured shorthold tenancy until July 2025 generating an income of £7,500 pa. The apartment benefits from a brand new kitchen and bathroom suite!

Planning Consent
There is planning consent granted for the creation of a second floor, third apartment which can be found under planning reference P/23/0321/2 at Charnwood borough council.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.