Key Features
- 7 x self contained 1 bed flats
- Fenced and gated site with onsite parking
- Fully let producing £36,000 p.a.
- 0.5 miles from Long Eaton town centre
- Building fully refurbished and flats converted 2014
- Popular location
Full description
A recently converted and well built residential investment comprising 7 x self contained 1 bed flats.
The building is of a cavity brick construction with elevations incorporating UPVC double glazing, beneath a pitched tile clad roof. Each flat comprises a kitchen diner, separate bedroom and separate bathroom over either a ground or first floor. This is with the the exception of flat 42e which is a duplex. The flats are finished with laminate floor coverings, plaster painted walls and electric heaters.
Location
Long Eaton is a market town in the Erewash district of Derbyshire approximately 7 miles south-west of Nottingham and 8.5 miles south-east of Derby
The property is located 0.4 miles east of Long Eaton town centre on New Tythe Street. New Tythe Street is accessed off Station Road which connects to the Nottingham and Derby Road (A6005).
The property is set back from the main road and is in an area of mixed use amongst both residential and commercial occupiers.
Planning
By way of a planning permission referened 0913/0042 the property benefited from consent for conversion from offices (B1) to 7 one bedroom 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 £40 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
42a - D(56),
42b - D(66),
42c - D(68),
42d - D(64),
42e - D(65),
42b1- D(66),
42b2 - C(70),
42b3 - C(71),
Viewing
Viewings are strictly to be arranged in advance by contacting the agent. Tenants unaware of sale.
Accommodation
The accommodation has been measured on a Gross Internal Area (GIA) from architects plans.
Floor |
Sq Ft |
Sq M |
41a |
312 |
29 |
42c |
366 |
34 |
42d |
334 |
31 |
42e |
452 |
42 |
42b1 |
312 |
29 |
42b2 |
366 |
34 |
42b3 |
355 |
33 |
Business Rates
Each flat has a council tax band of A.
Tenure
Unknown
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
27 Nov 2020