Magnus Court, Alfreton Road, Derby, DE21 4TR

£109,950

2 bedrooms 2 bedrooms 1 bathroom 1 bathroom
Market Rent: £530 Estimated gross yield: 5.8%
A beautifully presented, TWO DOUBLE BEDROOM apartment, located on the SECOND FLOOR, in this HIGHLY SOUGHT AFTER, development in CHESTER GREEN. Perfect for INVESTORS looking for an INSTANT INCOME EARNING OPPORTUNITY or a FTB. No upward chain. View early to avoid disappointment.This beautifully presented, two double bedroom, second floor apartment is currently rented out under an Assured Shorthold Tenancy Agreement earning £530 per calendar month, giving an investor an opportunity to earn an instant income achieving a gross yield of 5.78%.

This property is situated in the highly sought after "Magnus Court" development in Chester Green which is close to Darley Park and within walking distance to the City Centre. Benefiting from double glazing and gas central heating the property in brief comprises: Entrance hall, lounge / diner with French doors and Juliet balcony. Double doors off lead into a fully fitted kitchen. This flexible layout is excellent as the kitchen can be kept separate or opened up if entertaining guests. There are two double bedrooms and a bathroom with three piece suite and shower over. Outside, the property has an allocated parking space.

Although the property is currently rented out, this property would also suit a first time buyer looking to take a first step onto the property ladder.

***Draft details awaiting the vendors approval***

Communal Entrance
Enter the apartment block via the communal entrance door into the communal entrance hallway. Here you will find the post boxes for all apartments and stairs leading off to all floors. The apartment can be found on the second floor.
Entrance Hall
Having a radiator, wall mounted intercom telephone, smoke alarm and useful storage cupboard off.
Open Plan Lounge / Diner 17'4" max x 14'5" max (5.29m x 4.39m)
With UPVC double glazed French doors and Juliet balcony to the front elevation, UPVC double glazed window to the side elevation, two radiators, smoke alarm, TV aerial point and double doors leading to :-
Kitchen 9'1" max x 8'4" max (2.76m x 2.55m)
Ceramic tiled flooring, UPVC double glazed window to the side elevation, extractor fan and comprising a range of matching wall and base units, to include a drawer unit with worktop over, matching upstand, stainless steel sink and drainer, integrated electric oven, gas hob with cooker hood over, appliance space for a fridge freezer, appliance space for a washing machine and a slimline appliance space for a dishwasher. The central heating boiler can be found consealed within a wall unit.
Bedroom One 13'10" max x 8'5" max (4.21m x 2.57m)
With UPVC double glazed window to the front elevation and radiator
Bedroom Two 8'6" x 7'5" (2.60m x 2.27m)
Having a UPVC double glazed window to the front elevation and radiator
Bathroom
Vinyl flooring, partly tiled walls, extractor fan, shaver point, radiator and comprising a three piece suite to include a low level WC, panelled bath with shower over and pedestal sink.
Outside
The property has the benefit of an allocated parking space.
Lease and Ground Rent Service Charge Information
We have been advised that the property is a Leasehold property, the original lease commencing on 1 June 2007 for a period of 125 years.br /br /We are currently awaiting confirmation of the ground rent and monthly service charge.

Floor plans

EPC

View map

Downloads

Key Features

  • Beautifully presented apartment
  • Located on the second floor
  • Two double bedrooms
  • Highly sought after development
  • Desired gas central heating
  • Perfect for FTB or Investor
  • No upward chain

Call Derby office 01332 851570 5a St. James Street Derby DE1 1QT

Arrange a viewing for the above property

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