5 Vernon Street, Derby DE1 1FR

5 Vernon Street, Derby DE1 1FR

£275,000
Mixed Use
Sold
About this Property
2025-06-26
Sold
£275,000
Traditional
Mixed Use
£302,000
Description

The property is a mixed-use, Grade II Listed building comprising two apartments and a commercial unit, along with a recently vacated office suite. It has a total current income of £30,060 per annum, with potential to increase to approximately £37,000 once the office is leased. The apartments are on tenancy agreements producing £9,300 and £8,760 per annum, and the commercial unit is leased for £12,000 per annum. The property has mains electric, water, and sewerage supplies and includes a garden area that may be suitable for parking or an extension, subject to planning approval. It has a shared access drive with a neighboring property and is freehold.

Location
5 Vernon Street, Derby DE1 1FR
More Information
Freehold
Vernon Street
Planning Authority
Derby LPA
Property History
31 Mar 2004Sold£111,813

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