Block of flats for sale in Gregorys Way, Belper DE56

Location
The property is located on Gregorys Way, Belper, in the county of Derbyshire. Gregorys Way is situated on the western edge of Belper, which is approximately 8.3 miles north of Derby. The loca area is predominately residential interspered with commercial properties nearby.

Description
The flats are arranged over the first floors and are in a reasonable state of repair, accessed via the front of the building. There are 2x1 beds and 2x2 bedroom apartments, all let on AST’s.

Price
Offers in excess of £420,000 (four hundred and twenty thousand pounds) for the 999 long leasehold interest. This represents a low capital value of £176.47 psf, which is less than replacement cost.

The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.

VAT The premises are not elected for VAT.
EPC Rating tbc.
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.