Grade 2 listed former co-op building converted into 6 self contained flats capable of generating an income of £33,000 and an estimated 8.9% gross yield

Built circa 1891, this remarkable property has been tastefully converted into six self-contained flats, each with its own unique appeal.

This block of flats presents an exceptional investment opportunity, with 5 of the units currently let and the potential to generate an annual income of £33,300. The allure of owning a piece of history while reaping the benefits of a lucrative investment is truly captivating.

Conveniently located close to Bolsover Town and the iconic Bolsover Castle, residents will enjoy the perfect blend of historic charm and modern amenities. Whether you are looking to expand your property portfolio or seeking a unique investment opportunity, this property on Villas Road is sure to captivate your imagination.

General

Gas central heating (Combi Boilers)
Wooden framed sealed unit single glazed windows and doors
Gross internal floor area - 438.1 sq.m./4716 sq.ft.
Tenure - Freehold
Council Tax Band - A
EPC ratings:- Apartment 1,2,3,5 & 6 - Rating D. Apartment 4 - Rating E.
Secondary School Catchment Area - The Bolsover School

Rental Income

Details of passing rents will be provided upon request.
The estimated rental income on the summary of this listing is based on the one bed apartments generating a monthly rental of £450 and the 2 bed £525.
These estimated rental figures are provided as a guide and are higher than the current passing rents, although many of the current tenants have been in place for several years.

On The Ground FloorStorm Porch

Having a front entrance door opening into an ...

Entrance Hall

Doors from here give access to Apartments 1,2,5 and 6. A staircase rises to the First Floor Landing where doors gives access to Apartments 3 and 4.

Apartment 1 - 1 Bed FlatOpen Plan Kitchen/Living/Dining Room (6.63m x 5.56m (21'9 x 18'3))

Fitted with a range of wall, drawer and base units with complementary work surfaces over, including an inset single drainer stainless steel sink with mixer tap. Integrated electric oven and 4-ring gas hob with extractor hood over. Space and plumbing is provided for a washing machine, and there is also space for a tumble dryer and an under counter fridge. Tiled and laminate flooring.

Bathroom

Being part tiled and fitted with a 3-piece suite comprising a panelled bath with mixer shower, pedestal wash hand basin and a low flush WC. Tiled floor.

Bedroom (5.11m x 3.89m (16'9 x 12'9))

A good sized double bedroom fitted with laminate flooring.

Apartment 2 - 1 Bed FlatHallwayOpen Plan Kitchen/Living/Dining Room (5.38m x 4.93m (17'8 x 16'2))

A dual aspect room, being part tiled and fitted with a range of wall, drawer and base units with complementary work surfaces over, including an inset single drainer stainless steel sink with mixer tap. Integrated electric oven and 4-ring gas hob with extractor hood over. Space and plumbing is provided for a washing machine, and there is also space for a fridge/freezer. Tiled and laminate flooring.

Bedroom (4.85m x 3.35m (15'11 x 11'0))

A good sized double bedroom fitted with laminate flooring and having a built-in airing cupboard housing the gas boiler.

Bathroom

Being part tiled and fitted with a 3-piece suite comprising a panelled bath, pedestal wash hand basin and a low flush WC. Tiled floor.

Apartment 6 - 2 Bed Duplex FlatOpen Plan Kitchen/Living Room (7.01m x 4.34m (23'0 x 14'3))

Being part tiled and fitted with a range of wall, drawer and base units with complementary work surfaces over, including an inset single drainer stainless steel sink with mixer tap. Integrated appliances to include an electric oven and 4-ring gas hob with extractor hood over. Space and plumbing is provided for a washing machine, and there is also space for a fridge/freezer. Tiled flooring to the kitchen area.
An open balustrade staircase rises to the First Floor bedroom.

Ground Floor Bedroom (5.38m x 5.16m (17'8 x 16'11))

A good sized double bedroom fitted with laminate flooring. French doors overlook and open onto a rear courtyard.

En Suite Shower Room

Being part tiled and fitted with a 3-piece suite comprising a shower cubicle with mixer shower, pedestal wash hand basin and a low flush WC. Tiled floor.

First Floor Bedroom (7.01m x 4.29m (23'0 x 14'1))

A good sized double bedroom having varnished wood flooring, two Velux windows and a gable end window.

En Suite Shower Room

Being part tiled and fitted with a 3-piece suite comprising a shower cubicle with mixer shower, pedestal wash hand basin and a low flush WC. Varnished wood flooring.

Apartment 5 - 1 Bed Duplex FlatLiving/Dining Room (6.35m x 4.52m (20'10 x 14'10))

A spacious dual aspect reception room having a built-in under stair store and an open balustrade staircase rising to the First Floor bedroom. An opening leads through into the ...

Kitchen (4.01m x 3.18m (13'2 x 10'5))

Being part tiled and fitted with a range of wall, drawer and base units with complementary work surfaces over, including an inset single drainer stainless steel sink unit with mixer tap. Integrated appliances to include an electric oven and 4-ring gas hob with extractor hood over. Space and plumbing is provided for a washing machine, and there is also space for a fridge/freezer. Tiled and laminate flooring, and downlighting.

Shower Room

Being part tiled and fitted with a 3-piece suite comprising a shower cubicle with mixer shower, pedestal wash hand basin and a low flush WC. Built-in storage cupboard and chrome heated towel rail.
Tiled floor and downlighting.

First Floor Bedroom (6.50m x 4.42m (21'4 x 14'6))

A good sized double bedroom having downlighting and four wooden framed double glazed Velux windows.

On The First FloorLanding

With doors giving access to Apartments 3 and 4.

Apartment 3 - 1 Bed FlatEntrance HallOpen Plan Kitchen/Living Room (6.60m x 5.44m (21'8 x 17'10))

A dual aspect room, fitted with a range of wall, drawer and base units with work surfaces over, including an inset single drainer stainless steel sink with mixer tap. Integrated appliances to include an electric oven and 4-ring hob with extractor hood over. Space and plumbing is provided for a washing machine, and there is also space for a fridge/freezer. Tiled floor to the kitchen area and laminate flooring to the living area.

Bedroom (3.61m x 3.53m (11'10 x 11'7))

A double bedroom having a wooden framed double glazed Velux window.

Bathroom

Being part tiled and fitted with a 3-piece suite comprising a panelled bath, pedestal wash hand basin and a low flush WC. Tiled floor and wooden framed double glazed Velux window.

Apartment 4 - 1 Bed FlatEntrance Hall

Fitted with laminate flooring.

Open Plan Kitchen/Living Room (6.63m x 5.46m (21'9 x 17'11))

A dual aspect room, fitted with a range of wall, drawer and base units with work surfaces over, including an inset single drainer stainless steel sink with mixer tap. Integrated appliances to include an electric oven and 4-ring hob with stainless steel splashback and extractor hood over. Space and plumbing is provided for a washing machine, and there is also space for a fridge/freezer. Vinyl flooring to the kitchen area, and laminate flooring to the living area.

Bedroom One (3.63m x 3.53m (11'11 x 11'7))

A rear facing double bedroom fitted with laminate flooring and having a wooden framed double glazed Velux window.

Bedroom Two (5.18m x 2.54m (17'0 x 8'4))

A good sized single bedroom fitted with laminate flooring and having a wooden framed double glazed Velux window.

Bathroom

Being part tiled and fitted with a 3-piece suite comprising a panelled bath, pedestal wash hand basin and a low flush WC. Chrome heated towel rail and vinyl flooring.