Property Description

DRAFT DETAILS A potential high yield residential investment opportunity with current vacant possession. A purpose built one double bedroomed ground floor flat with advantage of having its own front access and rear garden. The well presented and maintained flat could potentially produce a rental income of approximately of £425 per calendar month(£5,100 per annum), based on comparable evidence. This represents an impressive 17% return based on the guide price. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. In brief, the uPVC double glazed(where stated) living accommodation consists of entrance hall, with storage cupboards, double bedroom, bathroom, kitchen and rear sitting room with patio doors leading out onto the garden that has gated access onto the communal parking area. The property sits well in popular letting area situated within easy reach of the inner ring road, Allenton and Alvaston shopping centres.

Entrance hall

14ft5 x 2ft10.

Double bedroom

10ft3 x 9ft4

Bathroom

8ft1 x 4ft1

Rear sitting room

11ft10 x 10ft8

Kitchen

10ft3 max x 6ft

Outside

Enclosed rear garden with timber panelled fencing and access onto the communal parking area.

Tenure

Leasehold

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