14 bed flat for sale

Lime Walk, Littleover DE23

This is A great investment opportunity to buy seven 2 bedroom apartments and the freehold with A yield of over 7% further details can be available upon request.

Location Lime House is situated on Lime Walk, a quiet residential road in the highly regarded suburb of Littleover, approximately 2 miles south-west of Derby city centre. Littleover is one of Derby's most established residential areas, popular with professionals, families and downsizers due to its excellent local amenities, healthcare facilities, schools and transport connections.

The property benefits from a convenient position within walking distance of a range of everyday amenities along Burton Road, including supermarkets, independent shops, cafés, pharmacies and local services. Frequent bus routes operate nearby, providing direct access to Derby city centre and surrounding areas, while the A38, A50 and M1 motorway network are easily accessible for commuters. The nearest railway stations are Peartree and Derby, offering regional and national rail services.

Littleover is particularly well known for its strong educational provision, with several highly regarded primary and secondary schools serving the area. Healthcare facilities are excellent, with the Royal Derby Hospital located within a short drive, making the location especially attractive to healthcare professionals and those seeking convenient access to medical services.

Lime House forms part of a modern apartment development comprising purpose-built apartments constructed in the mid-2000s. The surrounding neighbourhood is characterised by a mix of established family housing, modern apartments and attractive tree-lined residential streets, creating a pleasant and mature environment. The development benefits from a peaceful setting while remaining close to local amenities and major employment centres.

Residents enjoy access to a variety of nearby recreational facilities, including local parks, sports clubs and open green spaces. Littleover Village provides a strong community feel, with a range of independent businesses, restaurants and leisure facilities contributing to its popularity as one of Derby's most desirable suburban locations.

Apartment details There are 7 apartments available within this purchase, comprising of entrance hall, lounge, kitchen, two bedrooms and a bathroom.w.c.

Information Income
Flat 1 = £825PCM £9,900 Annual Income
Flat 2 = £795PCM £9540 Annual Income
Flat 3 = £825PCM £9,900 Annual Income
Flat 5 = £750PCM £9,000 Annual Income
Flat 6 = £750PCM £9,000 Annual Income
Flat 7 = £825PCM £9,900 Annual Income
Flat 8 = £700PCM £8,400 Annual Income
Total £5,470 pcm £65,640 Annual Income
The freehold is also included within the sale of the block.
7.29% Yield
Each Properties Council Tax Band is B
Flat 1 is an EPC rated C with a current rating of 79 and a potential of 79
796 Square Feet - Ground Floor Flat
Flat 2 is an EPC rated C with a current rating of 77 and a potential of 78
796 Square Feet - Ground Floor Flat
Flat 3 is an EPC rated C with a current rating of 79 and a potential of 79
861 Square Feet – First Floor Flat
Flat 5 is an EPC rated B with a current rating of 82 and a potential of 82
796 Square Feet – Second Floor Flat
Flat 6 is an EPC rated B with a current rating of 82 and a potential of 82
796 Square Feet – Second Floor Flat
Flat 7 is an EPC rated C with a current rating of 79 and a potential of 79
796 Square Feet – Top Floor Flat
Flat 8 is an EPC rated B with a current rating of 79 and a potential of 79
796 Square Feet – Top Floor Flat

N.B A non-refundable compliance fee for all buyers or donors of monies will be required. This fee will be £32.40 per person (inclusive of VAT). These funds will be required to be paid on the acceptance of an offer and prior to the release of the memorandum of sale.