7 Unit Freehold Block in Heanor

  • £525,000
Derbyshire, UK
For Sale

7 Unit Freehold Block in Heanor

Derbyshire, UK
  • £525,000

Overview

  • Freehold Block
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms

Description

Opportunity to purchase a 7 unit freehold block in Heanor (Derbyshire) generating £46,200 rent pa and gross yield of 8.8%

Block information:

  • This is a pub to residential conversion
  • The works were completed in Spring 2021
  • The block comprises 7 x 1-bed apartments
  • Spread over 2 floors (ground and first floor)
  • EPC ratings of C

Rental information:

  • All apartments are let
  • Aggregate monthly rental income £3,850
  • Aggregate annual rental income £46,200
  • Aggregate gross yield 8.8%

Location information:

  • The property is 0.7 miles south of the town centre
  • Langley Mill train stations is about 1.2 miles from the property
  • Heanor is a town in Derbyshire in the East Midlands. It lies around 11 miles north-east of Derby and 10.5 miles north-west of Nottingham.
  • Heanor no longer has a railway station, so the nearest station is around 2 miles away in Langley Mill. From here Northern Trains operate a service between Nottingham and Leeds via Sheffield, whilst East Midlands Railway trains run between Liverpool and Norwich.
  • The closest international airport is East Midlands Airport which is 18 miles away.

Sourcing fee: 2%

  • Address Derbyshire, UK
  • City Derby
  • Country England, United Kingdom

Details

Updated on October 18, 2021 at 5:39 pm
  • Price: £525,000
  • Bedrooms: 6
  • Bathrooms: 3
  • Property Type: Freehold Block
  • Property Status: For Sale

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What's Nearby?

Arts & Entertainment
Beauty Within (1.33 mi)
Exceptional 1 reviews
The Gallery (2.22 mi)
Exceptional 1 reviews
Repton Primary School (4.12 mi)
Exceptional 1 reviews
Education
Noel Baker Community School (1.93 mi)
Fair 2 reviews
Oakwood Junior School (2.25 mi)
Good 1 reviews
Oakwood Nursery (2.34 mi)
Good 1 reviews
Health & Medical
Chellaston Medical Centre (0.86 mi)
Exceptional 1 reviews
Boulton Lane Community Centre (2.09 mi)
Fair 1 reviews
Alvaston Medical Centre (2.64 mi)
Average 2 reviews
Transportation
Village Cars (1.23 mi)
Good 1 reviews
Malcars (2.77 mi)
Exceptional 1 reviews
PJ Cars (3.36 mi)
Average 1 reviews

Contact Information

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