Foss Road, Hilton

An exceptional opportunity awaits with this immaculately maintained two-bedroom apartment, perfectly situated on Foss Road in a highly sought-after village location. This property presents an ideal prospect for both first-time buyers looking to step onto the property ladder and astute investors seeking a robust return.
The apartment currently benefits from tenants in situ, generating a rental income of £750 per calendar month. This immediate income stream translates to a healthy gross return on investment of 7.5%, making it a particularly attractive addition to any property portfolio. The seamless transition of an existing tenancy ensures a hassle-free investment from day one.
Upon entering, you are greeted by a spacious and well-presented interior. The apartment boasts two generously sized double bedrooms, providing comfortable living spaces for residents. The thoughtful layout ensures privacy and practicality, catering to a variety of needs. The entrance hall offers useful space for your coats, shoes and bags and additional storage cupboard.
The heart of this home is undoubtedly the open-plan kitchen and reception room. This contemporary design creates a bright and airy environment, perfect for modern living and entertaining. The kitchen area is well-appointed, offering ample storage and workspace, while the reception area provides a versatile space for relaxation and dining. This integrated living area maximises the sense of space and light throughout the apartment.
Further enhancing the appeal of this property is the inclusion of allocated parking for one vehicle, a significant advantage in any residential area. This dedicated parking space offers convenience and peace of mind for residents.
Located in a desirable village, residents will benefit from a peaceful setting whilst remaining within easy reach of Derby's amenities and transport links. The area is well-regarded, offering a pleasant community atmosphere.
The property holds an EPC Rating of C, indicating good energy efficiency, which can contribute to lower utility bills. The Council Tax Band is B, further adding to the affordability of this excellent apartment. This property at £120,000 represents outstanding value for money, combining a desirable location, excellent condition, and strong investment potential.
Early viewing is highly recommended to fully appreciate the quality and opportunity this superb apartment offers.
130 years remaining on the lease (estimated)
£100 ground rent per year
£1834.62 service charge per year
Buyers are advised to check these details through their solicitors, when purchasing.
Please note that, should your offer be accepted and the property be marked as Sold Subject to Contract (SSTC), an Anti-Money Laundering (AML) compliance fee will be payable for each buyer. This fee covers the required identity verification and compliance checks. Full details of the fee will be provided by Cope & Co.