4 bed property for sale

Edward Street, Derby DE1

*Price Guide £350,000- £375,000* A most impressive four storey Grade II listed Georgian townhouse divided into four apartments with full occupancy generating a current rental income of £31,080 per annum located in the highly sought after Strutts Park area of Derby.

This is a truly rare opportunity to acquire a stunning four storey Georgian residence believed to date back to the mid 1800's. This Grade II listed townhouse comprising four self contained flats has been well maintained by the current vendor, three of which have been refurbished throughout all fully let located in the Strutts Park conservation area of Derby.

Lower Ground Floor -

Apartment 1 -

Living Room - 16'8 x 11'

Inner Hallway

Bedroom - 11'11 x 11'2

Bathroom

Kitchen Area

Reception Hall

Apartment Two - Having passaged entrance hall with timber entrance door.

Sitting Room - 13'5 x 11'

Kitchen - 10' x 6'1 plus deep recess

Shower Room

Bedroom - 12'9 x 11'1 maximum

First Floor -

Apartment Three -

Entrance Hall

Living Room - 15'8 x 11'6

Kitchen Area

Bedroom - 12'8 x 11'

Shower Room

Top Floor -

Apartment Four -

Reception Hall

Living Room - 16'9 x 11'6

Bedroom - 11'2 x 6'5

Shower Room

Communal Rear Garden - low maintenance with bike rack and gated rear access.

Apartment 1- Let on an Assured Shorthold Tenancy at £395 per calendar month exclusive of utilities- Potential rental income £695 pcm exclusive of utilities
Apartment 2- Let on an Assured Shorthold Tenancy at £650 per calendar month exclusive of utilities
Apartment 3- Let on an Assured Shorthold Tenancy at £950 per calendar month inclusive of utilities
Apartment 4- Let on an Assured Shorthold Tenancy at £595 per calendar month exclusive of utilities

Epc Ratings

Flat 1- EPC Rating C
Flat 2- EPC Rating D
Flat 3- EPC Rating C
Flat 4- EPC Rating C

Additional Information

Flood Risk - Very Low
Any Legal Restrictions - No
Other Material Issues - No
Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Please note: It is common for property Titles to contain Covenants; a copy of the Land Registry Title is available to view on request.
Property construction: Standard. Parking: Permit
Electricity supply: Mains. Water supply: Mains. Sewerage: Mains. Heating: Gas. (Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: See Ofcom link for speed:
Mobile signal/coverage: See Ofcom link:
Local Authority/Tax Band: Derby City Council/ Tax Band A. This information has been sourced from the DirectGov website. One Sales & Lettings make no guarantee regarding its accuracy and we advise that you conduct further checks to ensure you are satisfied before proceeding with any purchase agreement.

Disclaimer

Agent Disclaimer:
One Sales & Lettings, their clients and employees:
1: Are not authorised to make or provide any representations or warranties regarding the property, whether on their own behalf, on behalf of their client, or otherwise. They accept no responsibility for any statements made in these particulars. These particulars do not constitute part of any offer or contract and should not be relied upon as statements or representations of fact.
2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance purposes only and are not necessarily comprehensive. It should not be assumed that the property has obtained all necessary planning, building regulation or other consents. One Sales & Lettings have not tested any services, equipment or facilities. Purchasers are advised to conduct further investigations and inspections before entering into any agreement.

Purchaser Information:
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (mlr 2017) came into force on 26 June 2017. One Sales & Lettings require any successful purchasers proceeding with a property to provide two forms of identification i.e. Passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to One Sales & Lettings removing a property from the market and instructing solicitors for your purchase.

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