£695,000

10 bed flat for sale
Chapel Street, Alfreton, Derbyshire DE55

    • 10 beds

    • 5 baths

    • 5 receptions

  • EPC Rating: E

Just added
Freehold
Reduced on 03/09/2026

About this property

  • Fully Tenanted With Long Standing Tenants

  • Producing A Strong 9% Yield

  • Total Income of £65,796 Per Annum

  • Five Two Bedroomed Apartments

  • Five Retail Units

  • Ten Parking Spaces

Leaders are delighted to offer this outstanding opportunity to acquire a fully-let, mixed-use freehold investment producing a strong 9% yield, with a total annual income of £65,796. The property comprises five well-located retail units and five spacious two-bedroom residential apartments, each fully self-contained and individually metered, with tenants responsible for their own utilities. All units hold valid Energy Performance Certificates, ensuring compliance and ease of management. Situated in a prominent town centre position adjacent to a busy car park and library, the 730 sq ft commercial frontage benefits from high visibility and steady footfall via a natural pedestrian route connecting High Street, Chapel Street, and Severn Square. With mains electricity, water, and drainage connected to each unit - and no leasehold or service charge complications - this is a rare, low-maintenance, income-generating asset in a high-demand central location, ideal for investors seeking reliable returns and long-term capital growth.

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Monthly repayment

£3,476 per month

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More information

  • Tenure

    Freehold

  • Council tax band

    A

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