7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

Breach Rd - Block of 7x Investment Flats , Heanor, DE75
£900,000

Our Summary

  • The OPA are pleased to present this hands-off investment opportunity, offering an impressive net rental income of £90,000 per annum (£7,500 per month)
  • TENURE & INVESTMENT OPPORTUNITY
  • Confirm existence and nature of any known planning or proposals for development
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This is a freehold block of 7 self-contained flats in Heanor, Derbyshire, offering a net rental income of £90,000 per annum. The property has been newly renovated and features modern kitchens, bedrooms, bathrooms, and living spaces. Each flat is designed for comfort and convenience, with a mix of one-bedroom flats. The property is situated in a thriving market town with excellent connectivity, strong transport links, and a range of amenities. The tenant is responsible for bills, council tax, and most internal repairs and maintenance, making it a hassle-free investment opportunity. The property is sold with a 6-year lease and will provide a guaranteed net rental income, with no void periods, management fees, or council tax.