Erasmus Drive

Derby

1 Bedroom

1 Bathroom

Apartment

Offers over £160,000
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Offers over £160,000
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Property Details

Key features

  • Modern Apartment
  • Close To City & Station
  • Tenant In Situ
  • Ideal Investment
  • Please Call Ashley Adams For Further Details.
  • One Double Bedroom
  • Sought After New Development In City Centre
  • High Quality Finish / Fixtures & Fittings

Council Tax Band: A

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 0 years
  • Annual service charge: Contact branch
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

IDEAL INVESTMENT - HIGH YIELD - A stunning one-bedroom apartment on the first floor of the unique Nightingale Quarter development by renowned developer, Wavensmere Homes. To be sold with tenant in situ, the apartment is located close to Derby City and Derby Train Station.

A modern first floor apartment to be sold with tenants in situ located close to Derby City and Derby Train Station. The accommodation comprises an open plan living kitchen, double bedroom and bathroom. The apartment would make an ideal first investment or addition to a current portfolio

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Situated on the site of the former Derbyshire Royal Infirmary, Nightingale Quarter offers a range of one, and two bedroom apartments, the infirmary's iconic pepper pot buildings will be retained for community use, with residents having access to numerous facilities including on site restaurant and gyms.

This landmark development gives homeowners an opportunity to live in a city with the UK's second-fastest-growing economy, and which offers good transport links to both Birmingham and London. The development will also provide large amounts of green space, as well as open-air fitness areas, cycle routes and children's play areas.

The apartments will appeal to professional couples looking for high quality living with low energy costs while enjoying easy access to the City Centre and local commuter links with likes of Rolls Royce, Alstom, The Royal Derby Hospital and Pride Park.

The development has also been popular with buy to let investors from across the globe due to the high rental yields being achieved. Many apartments are already let and occupied with one bedroom apartments ranging from £850 - £900 PCM.

IDEAL INVESTMENT - HIGH YIELD - A stunning one-bedroom apartment on the first floor of the unique Nightingale Quarter development by renowned developer, Wavensmere Homes. To be sold with tenant in situ, the apartment is located close to Derby City and Derby Train Station.

A modern first floor apartment to be sold with tenants in situ located close to Derby City and Derby Train Station. The accommodation comprises an open plan living kitchen, double bedroom and bathroom. The apartment would make an ideal first investment or addition to a current portfolio

.
Situated on the site of the former Derbyshire Royal Infirmary, Nightingale Quarter offers a range of one, and two bedroom apartments, the infirmary's iconic pepper pot buildings will be retained for community use, with residents having access to numerous facilities including on site restaurant and gyms.

This landmark development gives homeowners an opportunity to live in a city with the UK's second-fastest-growing economy, and which offers good transport links to both Birmingham and London. The development will also provide large amounts of green space, as well as open-air fitness areas, cycle routes and children's play areas.

The apartments will appeal to professional couples looking for high quality living with low energy costs while enjoying easy access to the City Centre and local commuter links with likes of Rolls Royce, Alstom, The Royal Derby Hospital and Pride Park.

The development has also been popular with buy to let investors from...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.