This property is located in the vibrant town of Heanor, Derbyshire, offering a central position that provides easy access to a variety of local amenities, including shops, cafes, and supermarkets. Just a short walk away is Heanor Memorial Park, enhancing the appeal of this location for both residents and visitors. Additionally, robust public transport links facilitate convenient travel to neighboring towns like Ilkeston and Ripley, contributing to its accessibility. The area is poised for growth with planned developments nearby, particularly the transformation of the former Derby College into a business hub, which could further enhance property values.
Currently utilized for D1 Class purposes on the ground floor, this building presents an intriguing opportunity for conversion to residential use. With high ceilings and attractive period-style architrave throughout, the property retains substantial character while offering versatile space. The main floor comprises two expansive open-plan rooms along with smaller WC facilities and kitchen areas. Above, the first and second floors contain three spacious bedrooms with landings leading off the staircase, ample living areas, and kitchens—ideal for family living or potential rental units.
The ground floor will be sold with vacant possession, allowing for immediate renovation or repurposing according to your vision. Meanwhile, the upper levels are currently tenanted under a rolling contract at £700 per calendar month until December. This arrangement not only generates income but also provides time to navigate potential future planning opportunities while stabilizing financial returns from the property.
With essential utilities including single-phase electrics and water already in place, this property represents a compelling investment opportunity in an emerging area. Whether you're looking to make improvements for personal use or seeking a sound investment strategy in a growing market, this location offers significant potential for appreciation and development.
