1 bedroom apartment for sale

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1 bedroom apartment for sale

Piccadilly Heights, Chesterfield
£94,950

Our Summary

  • ***Investment Opportunity***Offered For Sale with Existing Tenancy and making this an Ideal Investment Purchase, is this Well Presented & Conveniently Placed ONE Bedroom Apartment

Description

This is an investment opportunity to purchase a one-bedroom apartment in the popular Piccadilly Heights Development in Chesterfield. The apartment is well-presented and conveniently located within walking distance to the town center, train station, and Chesterfield Royal Hospital. The property features an open-plan kitchen lounge, bedroom, and bathroom, with a total floor area of 509 square feet. The apartment is currently let at £600 per month, with a fixed AST expiring in May 2025, and the tenant has expressed interest in renewing for another 12 months. The property also benefits from secure and gated residents' access, communal parking, and a service charge of £1,189.34 per annum. The lease has 981 years remaining, with an annual ground rent of £150. This is an ideal investment purchase, with potential for strong rental yields and long-term capital growth.