2 bed flat for sale

Searl Street, Derby, Derbyshire DE1

Ideal buy to let providing A 7.9% return**
A modern first floor city centre apartment located close to university buildings offering two bedrooms, allocated parking, open plan kitchen lounge diner with a balcony, being sold with a tenant in situ. This ideal buy to let investment opportunity is currently generating annual rental income of £8,700 and is located within a building with a lift and benefits from electric heating and double glazing. There is a wide hallway with useful storage cupboard, a light and spacious open plan kitchen lounge diner with french doors to a balcony, two bedrooms and a bathroom with a three piece suite in white. Outside there is one allocated parking space within a residents car park. Viewing is essential.

Communal Area

There is a communal hallway, lift, stairs and landing leading to this apartment.

Hallway

Wooden door from the communal landing. Electric panel heater, cloak storage cupboard, airing cupboard, doors off to all rooms.

Kitchen Lounge Diner (6.27m x 3.84m)

Double glazed french doors to the balcony. This open plan and spacious room has matching wall and base units, roll edge work surface with a single sink drainer. Integral electric oven, electric hob and extractor over. Space for a fridge freezer and space for a washing machine. Electric panel heater.

Bedroom One

4.17m max 2.97m min x 2.74m - Double glazed window to the front. Electric panel heater.

Bedroom Two (2.97m x 2.4m)

Double glazed window to the front. Electric panel heater.

Bathroom (2.18m x 2m)

Three piece suite comprising a panelled bath with shower over and shower screen, pedestal wash hand basin and WC. Electric panel heater and extractor.

Outside And Parking

There is one allocated parking space within a residents car park. There is also communal bike and bin stores.

Lease And Service Charge

There is currently 82 years remaining on the lease. The current annual service charge including buildings insurance is £1872.96.