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2 bed Flat For Sale £130,000
Magnus Court, Derby DE21


Description
Fantastic turnkey buy-to-let investment opportunity.

2-Bedroom third floor apartment in a purpose built apartment block. Tenanted buy-to-let property generating £6,600 gross rent annually.

Summary:

- Length of lease: 125 years
- Lease started: 2007
- Ground rent: £300
- Service charge: £919
- £6,600 gross rent annually
- 5.1% gross rental yield

- Fully fitted kitchen with gas hob and integrated oven, Juliette balcony and master bedroom boasts an en-suite shower room.

- Communal parking with dedicated parking space

- Located 1.2 miles of the town centre Derby, which is an ideal area for professionals, or a small family with many educational institutions, nurseries as well several industrial estates nearby.

- 1.2 miles of town centre, boasting High Street retail, local shops, the Intu shopping centre, 3 cinemas, Derby theatre, leisure centres and many entertainment venues.

- 1.6 mile of Derby Railway Station, with connection to Manchester, Birmingham, Leicester and Nottingham. There is a bus stop within walking distance of the property.

Follow the link for more information:
        
zoopla.co.uk

  
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