Investment Sold 42, 44 & 45 St. Mary Street, Ilkeston, Derbyshire

DE7 8AB

£825,000 for the Freehold (please check the VAT status)

4,381 Sq Ft (407.0 Sq M)

Residential Investment - Sold - please contact the office to discuss your requirement.
Front Elevation
Residential Investment - Sold
2

Key features for Residential Investment in DE7 8AB - Sold

  • Sale: £825,000 for the Freehold (please check the VAT status)
  • 4,381 Sq Ft (407.0 Sq M)

  • 13 x One bed self contained flats
  • Fenced and gated site
  • Fully let producing £68,400 p.a.
  • 0.1 miles from Ilkeston town centre
  • Building fully refurbished and flats converted 2014
  • Popular location

Where is the Investment located?

Ilkeston is a market town in the Erewash district of Derbyshire approximately 7.8 miles west of Nottingham and 10 miles north-east of Derby

The property is located 0.1 miles west of Ilkeston town centre on St Mary's Street. The property is set in a predominantly residential location.

Description

A recently converted and well built residential investment comprising 13 x self contained one bed flats.

The building is of a (presumed) solid brick construction with elevations incorporating either UPVC double glazing or timbre sash windows, beneath a pitched slate clad roof. Each flat comprises a kitchen, lounge, separate bedroom and separate bathroom. The flats are finished with laminate floor coverings, plaster painted walls and electric heaters. Fully refurbished and convered 2014.

Externally the is a fenced and gated rear courtyard.

How has the accommodation been measured?

The accommodation sized have been taken from the EPC certificates and should be confirmed.

Floor Sq Ft Sq M
43 - Ground floor 312 28.98
44 - Ground Floor 280 26.01
1 - Ground floor 398 36.97
2 - Ground floor 334 31.03
3 - Ground floor 355 32.98
4 - First floor 301 27.96
5 - First floor 355 32.98
6 - First floor 291 27.03
7 - First floor 291 27.03
8 - First Floor 452 41.99
9 - First floor 323 30.01
10 - Second floor 388 36.05
11 - Second floor 301 27.96
Total4,381407

Planning

By way of a planning permission referened 09/07/2013 the property benefited from consent for conversion from offices (B1) to residential apartments (C3). This was implemented c2014. All parties should confirm the planning position with the relevant Local Authority.

Services

All mains services with the exception of gas are connected to the property. There is a single mains supply to site for both water and electrics and a sub meters fitted to each of the apartments.

How is the accommodation offered?

Freehold

The premises is available freehold subject to the occupational tenancies with each flat being let by way of an AST.

Price

£825,000 for the Freehold. All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

Service Charge

Currently each tenant pays a fixed cost of £50 pcm to cover the cost of electrics and water.

EPC

43 - F(37) currently being reassessed
44 - D(64)
Flat 1 45 - E(52)
Flat 2 45 - E(55)
Flat 3 45 - D(59)
Flat 4 45 - C(69)
Flat 5 45 - C(69)
Flat 6 45 - C(76)
Flat 7 45 - D(57)
Flat 8 45 - E(50)
Flat 9 45 - E(50)
Flat 10 45 - D(64)
Flat 11 45 - E(54)

What are the viewing arrangements

Viewings are strictly to be arranged in advance by contacting the agent. Tenants unaware of sale.

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Paper Copying Licence

100062569

Note

Plans, maps and drawings are not to scale.

Particulars Updated

29-Jan-2024

Omeeto

Please check our website for a suite of photos, videos and virtual tour. Users can also access various property documents.

Rear yard Living space flat 6

Important Notice

  1. Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.

Map showing location of property

Important Notice

  1. Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.

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