Freephone: 0800 043 6956 Email: info@freshinvest.co.uk
Fresh Invest
A great location for investors looking for a healthy rental market and a desirable location Dan Chamberlain Director
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Ilkeston 1 bed coach house
AT A GLANCE
- 1 x 1 bed coach house
- Discount of 27%
- Marketing price of £95,995
- Fresh price of £70,000
- Yield of 7.3%
- Very strong rental demand
- Good location close to river Erewash
- 6 Miles from Nottingham City Centre
- 10 Miles from Derby City Centre
In detail
The Opportunity:
Fresh Invest are happy to offer just 1 x 1 bed coach houses for sale on this stunning development in Ilkeston Derbyshire.
The house is available at a 25% discount and with a 10% deposit due on exchange, 28 days after reservation and the balance due on completion in November.
Financial Example:
1 bedroom coach house 653 sq ft £70,000
- Deposit needed - £14,000
- Rent - £425 pcm
- Mortgage - £56,000
- Mortgage payments - £218.86 pcm
- Mortgage - 80% LTV @ 4.69% fixed*
- Service charge and Ground rent - FREEHOLD
- Positive cashflow - £206.14 pcm (£2,473.68 per year)
* Please contact us for details of our mortgage broker.
The development:
Built by a reputable developer, this development offers contemporary fresh living to those that may not be able to afford the same standard in the city centre. For this reason rental figures are strong and expected yields on the properties are good.
The location:
Ilkeston is located in Derbyshire around 6 miles from the Nottingham City Centre and 10 miles from the Derby City Centre. It is close to the M1 so provides fantastic commuting routes to the North and South to London
The next step:
Request the brochure from us which will show you all available apartments, pictures and exact locations.
When you have decided on your desired apartment, contact us and we will take you through the quick and easy reservation process.