No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£150,000
Added > 14 days

2 bedroom apartment for sale

The Old Bank, Station Road, Draycott DE72
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Apartment
2 bed
2 bath
EPC rating: C*

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1139Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Duplex Apartment
  • Two Double Bedrooms
  • Spacious Living Room
  • Fitted Kitchen
  • Three Piece Bathroom Suite
  • En-Suite
  • Tenant In Situ
  • Cellar For Additional Storage Space
  • Gross Rental Yield Of Approx 5.2%
  • Investment Opportunity
GUIDE PRICE £150,000 - £160,000

DUPLEX APARTMENT...

This well-presented private two-bedroom duplex apartment is a versatile investment opportunity. It can be offered to the market with a tenant in situ, making it ideal for both new and experienced investors. Alternatively, the property can be purchased vacant, making it an excellent choice for first-time buyers or those looking to downsize. Ideally located near a range of local amenities, including Elvaston Castle Country Park, shops and great transport links (including being on the main commuter bus route between Nottingham and Derby), this property promises both convenience and steady rental income. The first floor features a bright and spacious living room, perfect for relaxation or entertaining. Adjacent is a modern fitted kitchen, equipped with ample storage and workspace. A three piece bathroom suite and double bedroom completes the layout. Upstairs, the second floor hosts an additional double bedroom complete with an ensuite, providing a private and convenient retreat for occupants. This upper level enhances the apartment's appeal with added privacy and luxury. The property also benefits from ample storage space, with full access to the cellar. With its excellent location and secure tenancies in place, this duplex apartment is an attractive and hassle-free addition to any property portfolio.

MUST BE VIEWED

Ground Floor -

Entrance - 2.55m x 1.40m (max) (8'4" x 4'7" (max)) - The entrance has carpeted flooring and stairs, an electric heater, partially tiled walls, two UPVC double-glazed windows to the front and side elevation and a single UPVC door providing access to the first floor.

First Floor -

Landing - 5.01m x 2.65m (max) (16'5" x 8'8" (max)) - The landing has carpeted flooring and stairs, an electric heater, a large airing cupboard for additional storage, a wall-mounted intercom system and provides access to the first floor accommodation.

Living Room - 5.47m x 3.71m (max) (17'11" x 12'2" (max)) - The living room has a UPVC double-glazed window to the rear elevation, carpeted flooring, two electric heaters and an electric feature fireplace.

Kitchen - 3.12m x 2.65m (10'2" x 8'8" ) - The kitchen has a range of fitted base and wall units with worktops, an integrated oven, an electric hob with an extractor fan, a stainless steel sink and a half with a drainer, space and plumbing for a washing machine, a fridge, tiled flooring, partially tiled walls, recessed spotlights and a single-glazed wooden fire safety window to the side elevation.

Bathroom - 2.64m x 1.73m (8'7" x 5'8" ) - The bathroom has a low level flush W/C, a pedestal wash basin, a fitted panelled bath with an electric shower, tiled flooring and walls, a heated towel rail, an extractor fan and a UPVC double-glazed window to the side elevation.

Bedroom Two - 5.43m x 3.04m (max) (17'9" x 9'11" (max)) - The second bedroom has two velux windows, carpeted flooring and an electric heater.

Second Floor -

Landing - 3.89m x 0.89m (12'9" x 2'11" ) - The landing has carpeted flooring, a velux window and provides access to the second floor accommodation.

Master Bedroom - 5.00m x 4.43m (max) (16'4" x 14'6" (max)) - The main bedroom has two velux windows, carpeted flooring, an electric heater, eaves storage, a built-in cupboard and direct access to the en-suite.

En-Suite - 2.65m x 1.18m (8'8" x 3'10" ) - The en-suite has a low level flush W/C, a wall-mounted wash basin, a fitted shower enclosure with an electric shower, tiled flooring and walls, a heated towel rail, an extractor fan and a velux window.

Basement Level -

Cellar - 2.67m x 2.26m (8'9" x 7'4" ) - The cellar provides additional storage space.

Outside - To the front opposite the property on Elvaston Street there is unlimited on street parking.

Additional Information - Electricity - Mains Supply
Water - Mains Supply
Heating - Electric Heating - Connected to Mains Supply
Septic Tank - No
Broadband - Openreach
Broadband Speed - Ultrafast- 1139 Mbps (Highest available download speed) 104 Mbps (Highest available upload speed)
Phone Signal - Some 3G, 4G & 5G available
Sewage - Mains Supply
Flood Risk - No flooding in the past 5 years
Low risk of flooding
Non-Standard Construction - No
Any Legal Restrictions - No
Other Material Issues - No

Disclaimer - Council Tax Band Rating - Erewash Borough Council - Band A
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.

The vendor has advised the following:
Property Tenure is Freehold

Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.

Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.

Property information from this agent

Places of interest

    Established in 2014, HoldenCopley takes pride in its commanding presence with prominent high street offices strategically located in Arnold, Hucknall, Mapperley, West Bridgford, and Long Eaton, offering comprehensive coverage of the City and surrounding areas. Our dedicated high street office specialises in residential sales, commercial sales, lettings, and property management. With an experienced team, we are committed to providing an unparalleled range of estate agency and property services to our valued clients and customers. Trust us to handle your property requirements with efficiency and effectiveness, always prioritising your best interests. Our two directors, Steven Holden and Matt Copley, bring over twenty-five years of experience in Nottingham and the surrounding area, actively overseeing the day-to-day operations of the business. Their unwavering commitment ensures that our service, performance, and results consistently reach the highest standards, surpassing expectations in house valuations, property sales, or rentals. As proud members of NAEA Propertymark, we adhere to elevated industry standards, surpassing legal requirements. Our experts undergo regular training to stay ahead of industry developments, ensuring an exceptional moving experience for you. Whatever your property needs may be, we are here to assist you. Feel free to contact us to discuss your individual requirements, and rest assured of a friendly and personalised response.

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    *DISCLAIMER

    Property reference 33217665. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Holden Copley - Long Eaton.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on March 10, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on March 10, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on March 29, 2013 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.