An excellent opportunity to acquire a fully tenanted ground floor, two bedroom, two bathroom apartment in a sought-after Derby city centre location, being sold with a tenant in situ until October.
The property is currently operated under a Guaranteed Rent scheme, providing the landlord with a fixed monthly income of £695 PCM regardless of occupancy or void periods. The current market rent is £895 PCM, highlighting the property’s strong rental demand and future income potential.
The accommodation offers well-proportioned living space, including a lounge, fitted kitchen, two bedrooms with an ensuite to the master, and a main bathroom. The property is presented in good condition and is well suited to the rental market. It also benefits from an allocated parking space, which is a valuable feature for both tenants and future resale.
This purchase would suit an investor looking for a straightforward, income-generating asset with minimal day-to-day involvement. The existing arrangement provides security and consistency of income, while also offering the opportunity to review the rental strategy once the current tenancy term ends. EPC rating: C. Council tax band: C, Domestic rates: £1951.78, Tenure: Leasehold, Annual service charge: £930.72,
A central entrance hallway providing access to all rooms within the apartment, creating a practical and well-balanced layout. Benefiting from a useful storage cupboard.
A spacious open-plan living area offering clearly defined space for both lounge and dining furniture. The kitchen is positioned to one side and fitted with a range of wall and base units with work surfaces over, incorporating appliances and space for additional white goods. Patio doors allow for excellent natural light and provide direct access outside, creating a bright and sociable space ideal for tenants.
A generous double bedroom positioned to one side of the property, benefiting from built-in storage and direct access to the ensuite shower room.
Fitted with a shower enclosure, wash hand basin and WC, offering convenience and privacy for the main bedroom.
A further well-proportioned double bedroom located opposite bedroom one, benefiting from direct access to the main bathroom, making it ideal for sharers or guests.
A modern bathroom fitted with a panelled bath, wash hand basin and WC, accessed from both the hallway and bedroom two, creating a practical semi-ensuite arrangement.
The property includes an allocated parking space and is situated within a popular city centre development, making it highly attractive for tenants and investors alike.
The lease is 999 years from and including 31 May 2006.
The annual service charge (01.01.26 - 31.012.26) for 33 Auriga Court is £930.72. This is invoiced twice per year.
There is no ground rent as the Freehold is owned by the collective apartment leaseholders. Each apartment leaseholder holds one share in the management company
In line with AML regulations, Northwood (Derbyshire) Ltd must verify all purchasers’ identities. The cost is £35 + VAT (£42 inc. VAT) per person, payable to our verification partner before a sale can be agreed. These particulars are issued in good faith but do not form part of any offer or contract. Details should be independently verified. Measurements are approximate, and services or appliances have not been tested. Buyers should make their own enquiries or surveys. Please contact us for clarification if travelling some distance to view.
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