Property Description

A chance presents itself to purchase this beautifully presented freehold property which is perfect for an investor and includes a vacant one-bedroom ground floor apartment, together with a first floor apartment which is subject to a Lease for a term of 189 years from 25 September 1987. This property comes with with views overlooking the green in the desirable Chester Green area and is conveniently located near Darley Park. The vacant ground floor apartment is fully furnished and features gas central heating and an enclosed garden with a workshop at the back. The accommodation in brief comprises: Bedroom, spacious lounge, kitchen and shower room. Outside, the rear features an enclosed lawn and patio garden with large brick and slate Victorian workshop and utility room. Rental estimate of £900 per calendar month providing an impressive yield of 11.4% based on the guide price. Marcus Street is conveniently located close to Darley Park, local shops, well regarded schools, public transport routes and local amenities. The property also benefits from excellent road links into Derby City Centre and out towards the A38 and A61 road networks.

Utility 2m x 1.75m

With washing machine, worktop with stainless sink fully tiled floor and tiled splashback.

Kitchen 2.4m x 2.8m

With integrated electric oven and hob, extractor, freestanding fridge/freezer and dishwasher. Also benefitting from white gloss units with built in handles, stainless steel bowl and a half sink, tiled splash back, tile effect vinyl flooring, uPVC double glazed window and radiator.

Lounge 4.6m x 3.67m

With wooden double glazed window, fitted carpet, wooden venetian blinds and radiator. Including TV stand, sofa, coffee table, dining table with four chairs and lamp.

Shower Room 2.4m x 1.75

With white WC, basin and vanity, walk in double shower, chrome main shower, towel rail radiator and extra tall storage unit.

Bedroom 3.34m x 4.60m

With double glazed window, fitted carpet and radiators. Including double bed, large mirrored wardrobes, drawers and bedside table.

Outside

Beautiful established enclosed rear garden with brick and slate workshop, great opportunity to be converted to a games room/office.

Parking

Free annual residents permit zone 20.

PLEASE NOTE

Maintenance of the exterior of the main building is controlled by you the Freeholder with a 50% shared cost liability to the owners of the first floor leasehold flat. The flat is in the Little Chester Conservation Area but is NOT subject to a Schedule 4 Classification

PLEASE NOTE

This is freehold and there are no service or ground rent charges.

Tenure

Freehold

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