23, York Street, DERBY, Derbyshire, DE1 1FZ

Generating an income of just over £39,000 p/a City centre location Comprising 2 flats consisting of 7 bedrooms, 3 shower/bathrooms Description: A terrace property, comprising two flats, located in Derby city centre, currently achieving a rental income of just over £39,000 p/a. The property comprises 2 flats, split into a 3 bedroom flat and a 4 bedroom flat. Planning permission was granted in 2015 for the conversion of the property into 2 flats, planning reference: (07/15/00926 – Derby City Council). The tenancy agreements are all held on individual Assured Shorthold Tenancies. To the ground floor is a large open plan kitchen/living/dining, four bedrooms and two shower rooms. To the first floor are three bedrooms, a kitchen and a bathroom. The property has operated as a very good investment over the years for the current owner and there is high demand for rental properties in the city centre and surrounding areas. The property is conveniently located for easy access to the Royal Derby Hospital, Derby University, Rolls Royce and Toyota. Generating an attractive gross yield of approximately 12%. Accommodation: Ground Floor: open plan living/kitchen/dining, three bedrooms, 2 shower rooms First Floor: three bedrooms, kitchen & a shower room External: garden to the rear of the property Broadband: Standard, superfast, and ultrafast show as available Mobile Coverage: EE, Three, O2 and Vodafone show as available EPC: Flat 1 C 138 sq.m information taken from the EPC Flat 2 C 74 sq.m information taken from the EPC Council Tax Band: Flat 1 – B Flat 2 - C Tenure: Freehold Viewings: Bagshaws Residential, 32-34 Cornmarket, Derby, DE1 2DG. Tel: 01332 361308. Email: [email protected] An interactive tour is available to view via Rightmove.