£695,000
10 bed flat for saleChapel Street, Alfreton, Derbyshire DE55
10 beds
5 baths
5 receptions
EPC Rating: E
Just added
Freehold
About this property
Fully Tenanted With Long Standing Tenants
Producing A Strong 9% Yield
Total Income of £65,796 Per Annum
Five Two Bedroomed Apartments
Five Retail Units
Ten Parking Spaces
Leaders are delighted to offer this outstanding opportunity to acquire a fully-let, mixed-use freehold investment producing a strong 9% yield, with a total annual income of £65,796. The property comprises five well-located retail units and five spacious two-bedroom residential apartments, each fully self-contained and individually metered, with tenants responsible for their own utilities. All units hold valid Energy Performance Certificates, ensuring compliance and ease of management. Situated in a prominent town centre position adjacent to a busy car park and library, the 730 sq ft commercial frontage benefits from high visibility and steady footfall via a natural pedestrian route connecting High Street, Chapel Street, and Severn Square. With mains electricity, water, and drainage connected to each unit - and no leasehold or service charge complications - this is a rare, low-maintenance, income-generating asset in a high-demand central location, ideal for investors seeking reliable returns and long-term capital growth.
Mortgage calculator
Monthly repayment
£3,476 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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