7 bedroom Terraced House in Derby
18 Hartington Street, Derby DE23 8EA
- Property Type: Terraced House
- Contract Type: Unconditional with Fixed Fee
Guide Price* £330,000+ plus fees
Property Description
***High yielding freehold residential investment*** Occupying a tree-lined avenue close to the city centre, is an imposing, double fronted character town house, divided into eight well-equipped self contained flats, fully let producing a combined gross income of £41,880 per annum, this represents an impressive 12.6% return based on the guide price. The uPVC double glazed living and gas centrally heated living accommodation in brief comprises; entrance hallway with minton tiled floor covering and original stair case, three self contained studio flats. To the first and second floors, there are two one bedroomed self contained flats located to the front and rear elevations. To the loft there is a large two bedroomed penthouse apartment with far reaching views across Derby and beyond. Outside to the front there is forecourt with railing to street, enclosed rear yard and some parking with vehicular access from Hartington Mews. The property is situated in the context of an established and strong letting location, just off Osmaston Road and within close proximity to the new Nightingale Development located on the grounds of the old Derby Hospital. Derbion Shopping Centre is also a short walk from the property.
Studio flat one (front)
Let on an AST at £370 per calendar month (£4,440 per annum)
Studio flat two (rear)
Let on an AST at £370 per calendar month (£4,440 per annum)
Studio flat three (rear)
Let on an AST at £370 per calendar month (£4,440 per annum)
Flat 4 - Self contained one bedroom (rear)
Let on an AST at £450 per calendar month (£5,400 per annum)
Flat 5 - Self contained one bedroom (front)
Let on an AST at £480 per calendar month (£5,760 per annum)
Flat 6 - Self contained one bedroom (rear)
Let on an AST at £450 per calendar month (£5,400 per annum)
Flat 7 - Self contained one bedroom (front)
Let on an AST at £450 per calendar month (£5,400 per annum)
Loft room - 2 bedroom penthouse apartment
Let on an AST at £550 per calendar month (£6,600 per annum)
Tenure
Freehold
Auction Details
Date 30th May 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
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