Lime Walk, Derby DE23

Property Details: - Type: Apartment - Bedrooms: 14 - Bathrooms: 14

Agent: Martin & Co - Derby Phone: 01332 220286

<strong>LOCATION</strong> <strong></strong> 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.<br/><br/>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.<br/><br/>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.<br/><br/>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.<br/><br/>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. <br/><br/><strong>APARTMENT</strong> <strong>DETAILS</strong> <strong></strong> There are 7 apartments available within this purchase, comprising of entrance hall, lounge, kitchen, two bedrooms and a <a target="_blank" href="https://what3words.com/bathroom.w.c">bathroom.w.c</a>. <br/><br/><strong>INFORMATION</strong> <strong></strong> Income<br/>Flat 1 = £825PCM £9,900 Annual Income<br/>Flat 2 = £795PCM £9540 Annual Income<br/>Flat 3 = £825PCM £9,900 Annual Income<br/>Flat 5 = £750PCM £9,000 Annual Income<br/>Flat 6 = £750PCM £9,000 Annual Income<br/>Flat 7 = £825PCM £9,900 Annual Income<br/>Flat 8 = £700PCM £8,400 Annual Income<br/>Total £5,470 PCM £65,640 Annual Income<br/>The freehold is also included within the sale of the block.<br/>7.29% Yield<br/>Each Properties Council Tax Band is B<br/>Flat 1 is an EPC rated C with a current rating of 79 and a potential of 79 <br/>796 Square Feet - Ground Floor Flat<br/>Flat 2 is an EPC rated C with a current rating of 77 and a potential of 78<br/>796 Square Feet - Ground Floor Flat <br/>Flat 3 is an EPC rated C with a current rating of 79 and a potential of 79<br/>861 Square Feet – First Floor Flat<br/>Flat 5 is an EPC rated B with a current rating of 82 and a potential of 82<br/>796 Square Feet – Second Floor Flat <br/>Flat 6 is an EPC rated B with a current rating of 82 and a potential of 82<br/>796 Square Feet – Second Floor Flat<br/>Flat 7 is an EPC rated C with a current rating of 79 and a potential of 79<br/>796 Square Feet – Top Floor Flat<br/>Flat 8 is an EPC rated B with a current rating of 79 and a potential of 79<br/>796 Square Feet – Top Floor Flat<br/> <br/><br/><strong>LETTINGS</strong> <strong>NOTES</strong> <strong></strong> Seven of the eight properties are currently managed by Martin & Co Derby.<br/><br/>The individual properties represent an attractive investment opportunity, offering a steady rental income and making them well suited to landlords looking to expand their existing property portfolio.<br/><br/>For further information please contact [use Contact Agent Button].