£149,000
2 bed flat for saleTown End Road, Draycott, Derby DE72
2 beds
2 baths
1 reception
EPC Rating: F
About this property
Great investment Opportunity / Ideal for first time buyers!
Impressive spacious two bedroom apartment in the sought after Victoria Mill development
Large open plan living area with high ceiling and big windows
Modern kitchen with appliances
Two large double bedrooms and two luxury bathrooms
Neutral decoration throughout and secure entry-phone access
One off street parking space
Can be bought with tenant in situ so immediate income upon completion of sale
230 years remaining of 250 year lease
New to the market, this spacious two bedroom apartment is located in the popular Victoria Mill development.
The apartment itself benefits from an entrance hallway leading to an open plan living area with large windows offering lots of natural light, modern kitchen with integrated appliances, two large double bedrooms, two modern bathrooms, neutral decoration throughout and secure entry-phone access.
The property has character features such as exposed brickwork and piping and access to the apartment can be gained by the original stone communal staircase or the lift.
Residents can park one vehicle on site.
Victoria Mill is just a few minutes walk from local amenities, plus a short drive from Derby city centre and the M1.
The apartment has been successfully rented with maximum level of occupancy for the last few years.
230 years remain of the original 250 year lease.
Mortgage calculator
£745 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (230 years)
Service charge
£2,400 per year
Council tax band
B
Ground rent
£250
Ground rent date of next review



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