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1 bedroom flat for sale
Gower Street, Derby, DE1
£69,950
Gower Street, Derby, DE1
£69,950
Our Summary
- Investment Opportunity - Immediate income with tenant in situ generating a rental income of £9,000 per annum
Description
This investment opportunity presents a two-bedroom apartment in the Prosperity House Development, located in the heart of the city centre, just a short walk from shopping, bars, and restaurants. The apartment is currently generating a rental income of £9,000 per annum, with a tenant in situ. The property features a hall, open-plan lounge and kitchen area, two double bedrooms, and a family bathroom, with double glazing and electric central heating throughout. The lease has 241 years remaining, with a service charge of £2,345 every six months and a ground rent of £250 per annum. With an EPC rating of D, this leasehold property offers a stable investment opportunity with immediate income.