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

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
Total	4,381	407

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. Please check the VAT status.

VAT

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.

Note

Plans, maps and drawings are not to scale.

Particulars Updated

07-Aug-2023