Summary - 141 141 141 141 141 141 141 Market Place, Heanor, Derbyshire, DE75 DE75 7AA
1 bed 2 bath Flat
Income-producing one-bedroom with upstairs office and long lease in central Heanor.
- One-bedroom flat plus separate second-floor office/storage space
- Total area approximately 84 sqm (904 sq ft)
- Currently tenanted on six-month AST at £450 pcm
- New 999-year lease to be granted on completion, peppercorn ground rent
- Situated above retail units in central Market Place location
- Very slow broadband speeds may limit home-working appeal
- Local crime levels higher than average in the area
- Busy market town location with good road links to M1, Nottingham, Derby
A substantial mixed-use unit in Heanor town centre, offered with a long new 999-year lease and peppercorn ground rent. The property combines a one-bedroom first-floor flat with a second-floor office/storage, extending to approximately 84 sqm (904 sq ft). The first-floor flat is currently let on a six-month AST at £450 pcm, providing immediate rental income.
Positioned above active retail units and close to local amenities, this building suits buyers seeking an income-producing asset or flexible workspace above shop premises. Excellent mobile signal and a busy market-town location help tenant attraction, while good road links place Nottingham and Derby within easy reach.
Important considerations: the area records higher-than-average crime levels and broadband speeds are reported as very slow, which may affect some residential or office occupiers. The communal retirement wider-area classification suggests local demographic influences. Prospective purchasers should review the current tenancy terms and carry out their own surveys and safety checks before completion.
Overall this is a straightforward buy-to-let or small commercial investment with scope to reconfigure or improve the office/storage space, subject to planning, to increase value and income potential.
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