A long leasehold 2 bedroom apartment in Derby producing £9,600 PA (please see legal pack).

The accommodation is arranged from an entrance hall, leading through to a spacious lounge / kitchen that provides the main living area and incorporates a fitted kitchen. There are 2 bedrooms, including a double bedroom, together with a family bathroom fitted with a shower over the bath and WC.

Prosperity House has a clear street-front position within the city, placing the apartment right in the midst of Derby's central amenities.

With tenants in situ, the property offers an established income-producing opportunity and may appeal to investors looking for a centrally placed apartment with scope to modernise and enhance over time. The accommodation already provides a practical base, while the evident potential to upgrade and improve offers further opportunity to personalise the space for longer-term plans. We have been advised of the following lease information: 240 years remaining on the lease, (please refer to legal pack).

Derby city centre is just 0.3 miles away, making day-to-day living particularly convenient, with Tesco, Iceland and Sainsburys all close by for regular shopping and a post office also on hand. Wilson Street Surgery, a hospital and leisure facilities are all nearby, while Costa Coffee, The Babington Arms and Mogul Restaurant add to the choice for meeting, dining and everyday routine. Families are served by Becket Children's Centre and Becket Primary School within 0.3 miles, with Landau Forte College at 0.5 miles, and the University of Derby can also be reached from the property. Derby railway station, 0.7 miles away, provides wider rail connections beyond the city.

Altogether, this is a well-placed apartment with established occupancy and further scope to enhance, giving a purchaser the chance to build on a central Derby setting.

• Tenanted leasehold 2 bedroom apartment

• Spacious lounge / kitchen

• Fitted kitchen

• Family bathroom with shower over bath

• Central Derby position

• Long 240 year lease

• Scope to modernise and improve

• Street-front setting

• May appeal to investors