Property Description

A freehold block of 4x apartments with parking. Superb investment opportunity comprising of a detached property which has been converted into 4 self contained apartments. Offered fully let with a rental income of £25,740 per annum. There is ample parking to the rear with covered car-port. The land may offer potential for further development of additional flats, subject to planning permission. The flats are all in good order and benefit from gas central heating and UPVC double glazing. The rents include the gas but tenants pay for their own electric, water and council tax. Well placed for local amenities, good transport links and Chesterfield centre. A great investment with returns of around 10% based on the current guide price and income from day one.

Flat One - Ground Floor

Reception Hallway, Lounge 5.16m x 3.87m, Kitchen 2.60m x 3.55m, Bedroom 3.95m x 3.52m, Shower Room, Basement 7.00m x 1.83m, Enclosed private rear garden.

Flat Two - First Floor

Kitchen 2.43m x 2.18m, Lounge / Bedroom 3.91m x 5.27m, Shower Room.

Flat Three- First Floor

Kitchen 3.49m x 1.70m, Lounge / Bedroom 5.20m x 2.75m, Shower Room.

Flat Four- Second Floor

Reception Hallway, Lounge / Diner 6.00mx 3.45m, Kitchen 3.45m x 2.95m <br>Bedroom 3.54m x 2.60m, Bathroom.

Outside

Tarmac Parking to side and rear with covered car port. Scope for development or extension subject to planning.

Land Tax Relief

We believe that this property may be of a type that qualifies for Stamp Duty Land Tax/Land and Buildings Transaction Tax/Land Transaction Tax relief (as applicable). We work with a tax consultancy who can provide expert tax advice in this regard. Free consultations are available. You will only be charged a fee for this service based on any actual tax savings made, on a percentage basis. We in turn will receive a fee from the provider in exchange for referring you. Please contact us if you are interested for further details.

Tenure

Freehold

---