Summary - 23 LOCKINGTON CLOSE CHELLASTON DERBY DE73 6XD
1 bed 1 bath Studio
**Standout Features:**
- Ground floor studio apartment in Chellaston
- Currently let, generating £4,650 per annum
- Off-road car parking and communal garden
- UPVC double glazing with good natural light
- Leasehold with 76 years remaining
- Affordable council tax band A
**Potential Concerns:**
- Short lease may deter mortgage lenders
- Maintenance of electric storage heating system needed
This charming ground floor studio apartment in the popular area of Chellaston presents an excellent opportunity for investors and first-time buyers alike. Currently generating a steady income of £4,650 per year, this leased property offers off-road parking and access to communal garden spaces. The well-lit living area features contemporary laminate flooring and large UPVC double-glazed windows, while the compact kitchen is fully equipped with essential appliances and storage.
With a dressing room and a modern shower room, the apartment is perfectly arranged for comfortable living. However, it's important to note the remaining lease of 76 years, which may pose challenges for financing. This investment opportunity is surrounded by local amenities, including schools and convenience stores, making it ideal for those seeking a balance of community and comfort. Don't miss out on this versatile property that combines practicality with potential!
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