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3 bed property, in Smedley Street East, £367,500
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3 bed property

Smedley Street East, & 92 Bank Road DE4
£367,500

Our Summary

  • Buy-To-Let / Investment Opportunity - Four Properties Under One Title
  • 92 Bank Road is a one bedroom, lower ground floor duplex flat with the potential to accommodate a second bedroom if desired

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Description

The property consists of four units located on the north-east side of Matlock town centre, covering four storeys and extending to approximately 2078 square feet. The units include a retail space at 83-85 Smedley Street East, a one-bedroom apartment at 85a Smedley Street East on the first floor, a two-bedroom apartment at 85b Smedley Street East on the second floor, and a one-bedroom duplex flat at 92 Bank Road, located below ground floor level. The duplex at 92 Bank Road also features a garden and patio area to the front.

The total rent for the four units is over £26,700 per annum, with the potential to increase return through rent reviews.