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Under offer

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investment

£900,000

49a – 65a High Street, Chellaston, Derby, DE73 6TB

632.92m² (6,813ft²)

Highly reversionary long leasehold residential investment capable of being upgraded

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Property Information

  • 9 self contained 3 bedroom flats
  • Popular residential area southwest of Derby City Centre with a strong demand for residential accommodation
  • Current low income £61,573.92 per annum
  • ERV £86,500 – £89,000 per annum
  • Offers invited at £900,000 to show initial yield of 6.84% and a reversionary yield of 9.61% before costs

Reference No: 10836

Contact Agent

Noel Roper

T: 07711 211 511

E: noel@fhp.co.uk

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