Main Street, Horsley Woodhouse, Ilkeston, DE7

A rare investment opportunity to acquire the freehold of Horsley Court. A property with three apartments having sitting tenants in occupation. There is a one bedroom ground floor flat with independent access and 2 two bedroom apartments accessed from a first floor landing to the rear. There is communal car parking and garden.

The property has been converted to provide a ground floor one bedroom accommodation with a new tenancy beginning July 2024. The first floor apartment has an existing sitting tenant with spacious two bedroom accommodation accessed from a rear staircase and landing. The third floor apartment has two bedrooms accessed form the rear landing. The occupied apartments generate a generous yield of over 11%.

The low maintenance property has fully electric heating and a car park to the rear providing each tenant ample off road parking and a pleasant outside space.

The properties provide a secure monthly income.

Horsley Woodhouse is a popular village with excellent local amenities ie primary schools, village shops, doctors surgery and real ale pubs. Conveniently situated with easy access to Derby, Nottingham and major road links ie A38, M1 and A6. The village is close to golf courses and open countryside with many local walks with easy access to surrounding villages, Belper, Heanor and Ripley.

GROUND FLOOR APARTMENT no 1

A side entrance door allows access.

ENTRANCE HALL

UPVC entrance door allows access, wood effect flooring, electric heater and a generous walk-in store provides storage.

SITTING ROOM

There is a UPVC double glazed window to the front, electric heater, TV aerial point and telephone point.

FITTED DINING KITCHEN

Fitted with a range of wood grain effect base cupboards, drawers and eye level units with work surface over incorporating a stainless steel sink drainer with mixer taps and splash back tiling. There is an electric oven, hob, extractor hood, plumbing for an automatic washing machine, space for fridge freezer, UPVC double glazed window to the rear and laminate flooring.

BEDROOM

Having a built-in wardrobe, electric heater, wood effect flooring and a UPVC double glazed window to the front of the property.

BATHROOM

Appointed with a panelled bath with electric shower over, pedestal wash hand basin and low flush WC, UPVC double glazed window to the rear, wall mounted electric heater, tiled flooring and a built-in cupboard provides storage and houses the hot water cylinder.

FIRST FLOOR APARTMENT no 2

Accessed for the rear staircase to a shared landing.

ENTRANCE HALLWAY

'L' shaped with electric heated and wood effect flooring.

KITCHEN

Fitted with a range of wood grain effect base cupboards, drawers and eye level units with work surface over incorporating a stainless steel sink drainer with mixer taps and splash back tiling. There is an electric oven, hob, extractor hood, plumbing for an automatic washing machine, space for fridge freezer, UPVC double glazed window to the rear and laminate flooring.

LOUNGE

There is a UPVC double glazed window to the front, electric heater, TV aerial point and telephone point.

BEDROOM ONE

UPVC double glazed window to the front elevation, wood flooring and a built-in wardrobe

BEDROOM TWO

There is wood effect flooring, built-in wardrobe, electric heater and UPVC double glazed window to the front.

BATHROOM

Appointed with a panelled bath with electric shower over, pedestal wash hand basin and low flush WC, UPVC double glazed window to the rear, wall mounted electric heater, tiled flooring and a built-in cupboard provides storage and houses the hot water cylinder.

SECOND FLOOR LOFT APARTMENT no 3

HALLWAY

An open gallery landing with electric heater, wood effect flooring and a Skylight window

LOUNGE

There is a UPVC double glazed window to the front, electric heater, TV aerial point and telephone point.

DINING KITCHEN

Fitted with a range of wood grain effect base cupboards, drawers and eye level units with work surface over incorporating a stainless steel sink drainer with mixer taps and splash back tiling. There is an electric oven, hob, extractor hood, plumbing for an automatic washing machine, space for fridge freezer, UPVC double glazed window to the rear enjoying views and laminate flooring.

BEDROOM ONE

Having a built-in wardrobe, electric heater, wood effect flooring and a UPVC double glazed window to the front of the property.

BEDROOM TWO

BATHROOM

Appointed with a panelled bath with electric shower over, pedestal wash hand basin and low flush WC, UPVC double glazed window to the rear, wall mounted electric heater, tiled flooring and a built-in cupboard provides storage and houses the hot water cylinder.

OUTSIDE

There is vehicle access to the rear of the property allowing residents off road parking and outside space.