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Residential investment No Longer Listed St. James Chambers, St. James Street, Derby, Derbyshire

DE1 1QZ

£1,995,000 offers in excess of (please check the VAT status)

10,751 Sq Ft (998.8 Sq M)

Residential Investment - No Longer Listed - please contact the office to discuss your requirement.
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Residential Investment - No Longer Listed
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Why choose St. James Chambers, St. James Street, Derby, Derbyshire DE1 1QZ? - No Longer Listed

  • Sale: £1,995,000 offers in excess of (please check the VAT status)
  • 10,751 Sq Ft (998.8 Sq M)

  • 20 Apartments
  • 3 x studio's, 10x one bed & 7 x two bed
  • Converted 2016
  • Each apartment self contained and with own meters
  • Fully let producing £144,600 per annum
  • Within Cathedral Quarter of Derby City Centre
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Where is the Residential investment located?

City Centre living in Derby's Cathedral Quarter district. Large block for sale fronting onto the pedestrianised Cornmarket and St James Street. Nearby occupiers include Cubo Serviced offices, Primark, Superdrug, Nando's, Greggs, Subway Revolution de Cuba, Turtle Bay and the Cosy Club.

The property is located 0.1 miles North of the Becketwell Regeneration Area which proposes 342 apartments in two main residential buildings, up to 25,000 square metres of business space, a new public square for the city centre with a hotel, restaurants, and cafes around the square, plus a 500-space pay and display car park.

The property has good links to public transport and parking. Derby bus station is 0.3 miles to the east and ParkSafe Car Park is 0.2 miles to the north.

What does the Residential investment comprise?

20 good sized, city centre apartments, recently converted, fully let producing £159,840 per annum.

The property benefits from a ground floor access, CCTV, fresh air ventilation, UPVC double glazing (to rear) and timber framed Sash windows to the front. The apartments are located over the first, second and third floors. They are finished with intercom entry, laminate flooring, electric panel heaters, electric boiler, a fitted kitchen (with electric oven / hob and extraction) and a bathroom with shower.

Conversion works were done 2016 with renovations to include a new roof.

How has the Residential investment been measured?

The apartment sizes have been taken from architect drawings and should be confirmed.

Floor Sq Ft Sq M
Flat 1 - 2 bed - First Floor 646 60.01
Flat 2 - 1 bed - First Floor 433 40.23
Flat 3 - 2 bed - First Floor 664 61.69
Flat 4 - 1 bed - 2nd Floor 514 47.75
Flat 5 - 1 bed - 2nd Floor 515 47.84
Flat 6 - 1 bed - 2nd Floor 432 40.13
Flat 7 - 2 bed - 2nd Floor 661 61.41
Flat 8 - 1 bed - 2nd Floor 582 54.07
Flat 9 - Studio - 2nd Floor 360 33.44
Flat 10 - Studio - 2nd Floor 322 29.91
Flat 11 - 2 bed - 2nd Floor 742 68.93
Flat 12 - 1 bed - 3rd Floor 514 47.75
Flat 13 - 1 bed - 3rd Floor 515 47.84
Flat 14 - 1 bed - 3rd Floor 432 40.13
Flat 15 - 2 bed - 3rd Floor 669 62.15
Flat 16 - 1 bed - 3rd Floor 585 54.35
Flat 17 - Studio - 3rd Floor 361 33.54
Flat 18 - 1 bed - 3rd Floor 432 40.13
Flat 19 - 2 bed - 3rd Floor 650 60.38
Flat 20 - 2 bed - 3rd Floor 721 66.98
Total10,750999

What has the property been used for?

The property has a Residential Use (C3) of the Town and Country Planning (Use Classes) Order 1987 (as amended). This was converted 2016 under permitted development ref 08/15/01057.

Are there Utilities?

All mains services with the exception of gas are connected to the property. Each apartment is separately metered.

What is the Rateable Value?

Council Tax
Apartments 1, 3, 12, 15 are rated B
Apartments 2, 4, 5, 6, 7, 8, 9, 10, 11, 13, 14, 16, 17, 18, 19, 20 are rated A

How is the property offered?

Freehold

Apartments for sale subject to existing AST's

How much is the Price?

£1,995,000 offers in excess of. All figures are quoted exclusive of VAT. We are advised the building is not VAT registerd.

What is the EPC rating?

Apartments 1, 5, 13 = C(70)
Apartments 2, 16,19 = C(73)
Apartments 3, 4, 20 = C(71)
Apartments 6, 10, 15, 18 = C(74)
Apartments 7, 8 = C(76)
Apartments 9, 17 = C(75)
Apartments 11,12, 14 = C(72)

What are the viewing arrangements?

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

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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

24-Sep-2024

Omeeto

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

External Shared Hall

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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Map showing location of property
Chris Wright

Contact

Chris Wright
01332 840328
07471 072799
chrisw@omeeto.co.uk

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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Chris Wright

Contact

Chris Wright
01332 840328
07471 072799
chrisw@omeeto.co.uk

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