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Residential investment

43 44 & 45 St. Mary Street, Ilkeston, Derbyshire, DE7 8AB

£825,000 for the Freehold

4,381 Sq Ft

Residential Investment

Front Elevation

Description
Map

Key Features

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

Full 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.

Location

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.

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.

Service Charge Text

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

VAT

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

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)

Viewing

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

Accommodation

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

Floor	Sq Ft	Sq M
43	312	29
44	280	26
1	398	37
2	334	31
3	355	33
4	301	28
5	355	33
6	291	27
7	291	27
8	452	42
9	323	30
10	388	36
11	301	28

Business Rates

Tenure

Freehold

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

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Particulars Updated

13 Jan 2022

Important Notice

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.
These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
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.
Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Floor	Sq Ft	Sq M
43	312	29
44	280	26
1	398	37
2	334	31
3	355	33
4	301	28
5	355	33
6	291	27
7	291	27
8	452	42
9	323	30
10	388	36
11	301	28

Floor	Sq Ft	Sq M
43	312	29
44	280	26
1	398	37
2	334	31
3	355	33
4	301	28
5	355	33
6	291	27
7	291	27
8	452	42
9	323	30
10	388	36
11	301	28

Floor	Sq Ft	Sq M
43	312	29
44	280	26
1	398	37
2	334	31
3	355	33
4	301	28
5	355	33
6	291	27
7	291	27
8	452	42
9	323	30
10	388	36
11	301	28