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About this property

Buy to let investment opportunity with a tenant in situ. This second floor city centre apartment offers two bedrooms, open plan kitchen lounge diner with a balcony and one allocated parking space within a secure resident's car park and is currently achieving a gross rental income of £9,840 pa which includes bills. The tenant is contracted until November 2025 and the property benefits from electric heating and double glazing. There is a communal entrance hall, stairs, lift and open landing leading to the apartment. The apartment has a welcoming hallway, open plan kitchen lounge diner with french doors to a balcony, two bedrooms both with fitted wardrobes and a bathroom with a three piece suite in white. Outside there is one allocated parking space within a resident's car park which has electric gates. Viewing is essential.



Communal Area
There is a communal entrance hall, stairs, lift and open landing leading to this apartment.

Hallway


Hallway
Wooden double glazed door from the open landing. Electric heater, airing cupboard, built in cloak storage cupboard, doors off to the open plan kitchen lounge diner, bathroom and both bedrooms.

Lounge Area
5.36m x 3.33m
UPVC double glazed french doors to the balcony and uPVC double glazed window to the rear. Electric heater and open plan to the kitchen area.

Balcony
Overlooking Uttoxeter New Road.

Kitchen Area
3.15m x 2.36m
UPVC double glazed window to the front. Matching wall base units, roll edge work surface with a one and half sink drainer with mixer tap. Integral electric oven, electric hob, stainless steel splashback and extractor over. Integral fridge, integral freezer and space for a washing machine.

Bedroom One
3.4m x 3.18m
UPVC double glazed window to the front. Electric panel heater and built in mirror fronted wardrobes.

Bedroom Two
3.43m x 2.18m
UPVC double glazed window to the front. Electric panel heater and built in wardrobes.

Bathroom
2.08m x 1.93m
Three piece suite in white comprising a panelled bath with shower over and shower screen, pedestal wash hand basin and WC. Heated towel rail and extractor.

Outside
There is one allocated parking space within a secure resident's car park which has electric gates.

Tenancy
The current tenancy agreement runs until 29th November 2025. The rent is £820 pcm and all bills are inclusive (council tax, electricity and water). After bills the net income is approx £7800 pa.

Room details

  • Communal Area
    There is a communal entrance hall, stairs, lift and open landing leading to this apartment.
  • Hallway
  • Hallway
    Wooden double glazed door from the open landing. Electric heater, airing cupboard, built in cloak storage cupboard, doors off to the open plan kitchen lounge diner, bathroom and both bedrooms.
  • Lounge Area 5.36m x 3.33m
    UPVC double glazed french doors to the balcony and uPVC double glazed window to the rear. Electric heater and open plan to the kitchen area.
  • Balcony
    Overlooking Uttoxeter New Road.
  • Kitchen Area 3.15m x 2.36m
    UPVC double glazed window to the front. Matching wall base units, roll edge work surface with a one and half sink drainer with mixer tap. Integral electric oven, electric hob, stainless steel splashback and extractor over. Integral fridge, integral freezer and space for a washing machine.
  • Bedroom One 3.4m x 3.18m
    UPVC double glazed window to the front. Electric panel heater and built in mirror fronted wardrobes.
  • Bedroom Two 3.43m x 2.18m
    UPVC double glazed window to the front. Electric panel heater and built in wardrobes.
  • Bathroom 2.08m x 1.93m
    Three piece suite in white comprising a panelled bath with shower over and shower screen, pedestal wash hand basin and WC. Heated towel rail and extractor.
  • Outside
    There is one allocated parking space within a secure resident's car park which has electric gates.
  • Tenancy
    The current tenancy agreement runs until 29th November 2025. The rent is £820 pcm and all bills are inclusive (council tax, electricity and water). After bills the net income is approx £7800 pa.

Key information

Council Tax Band: B

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 978 years
  • Annual service charge: £1,700
  • Annual ground rent: £1
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Utility supply:

    • Electric: Mains Supply
    • Water: Mains Supply
    • Heating: Electric
    • Broadband: Ask agent
    • Sewerage: Mains Supply

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    Uttoxeter New Road, Derby, Derbyshire, DE22 2 flat
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Derby

    41 Cornmarket
    Derby
    Derbyshire
    DE1 2DG
Phone Icon Icon set Phone 01332916021

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