The property comprises 41-47 Stafford Street, Derby which is a multi-let residential and car park investment located in the heart of the city centre.
43-45 Stafford Street consists of a block of 32 self-contained residential lets each with a bedroom/sitting room and with a kitchenette facility and private en-suite shower room. It has a mix of tenants including professionals and students all let by way of AST agreements. In addition, the sale includes number 41 Stafford Street comprising a single three bed end terraced dwelling and 47 Stafford Street providing four one bedroom converted flats, all again let out on AST's.
To the rear of the main block is a pay and display car park offering 31 spaces throughout the day and also with potential for significant evening trade being situated to the rear of the popular Annie's Burger Shack. The residential element alone generates a gross income circa £160,000 and the rear car park when fully let has potential for a further £50,000 per annum.
There is potential for further uplift in rental income.
Listed Features
- Parking
- Showers
