Terraced House in Ilkeston

5 and 5a Albert Villas, Station Road, Ilkeston DE7 5TD
  • Lot No: 75
  • Property Type: Terraced House
  • Contract Type: Split fee

Guide Price* £99,000+ plus fees

Property Description

A property comprising of two self-contained units both having separate access and utilities, on the same title and both let returning £15,900 per annum combined. Number 5 - Let at £800 per calendar month. Number 5a - Let at £525 per calendar month. Currently the property is achieving a yield of 16.06% against the guide price. Number 5 - Mid-terraced house comprising of living room, kitchen, three bedrooms and family bathroom. Number 5a - Ground floor flat comprising of open plan kitchen/diner, bedroom, shower, w/c. The property is close to local amenities, major road routes, rail routes and bus routes. There is a strong letting history and excellent demand for rental property in the area.

Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Tenure

Freehold