Auction date : Thursday 28th August 2025 9.00am
An excellent investment opportunity to purchase a semi detached home converted into two self contained apartments.
Each flat is let currently giving an overall income of £14,940 per annum representing a yield of 14.23% against the guide price. There is further scope to upgrade, add value and increase the rental income.
Featuring a spacious layout, this semi detached house boasts two separate flats on each floor comprising of double bedroom, living room, kitchen, bathroom, for each flat providing ample living space for occupants. Each flat has its own gas meters and are gas centrally heated and electric sub meters and double glazed.
Located in a sought-after residential area, within easy reach of local shops, supermarkets, and well-regarded schools. There are also nearby parks and green spaces, ideal for leisure and recreation. Commuters will appreciate the excellent transport connections, with easy access to major roads such as the A52 and A38, linking to the M1 for travel further afield.
Derby city centre is just a short drive away, offering a wider range of shopping, dining, and entertainment options. Public transport is well-served by local bus routes, and Derby Railway Station provides direct services to major cities.
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
FLAT 1 - FIRST FLOOR
LIVING ROOM (4.48 x 3.64 m - 14′8″ x 11′11″ ft)
To the front
DOUBLE BEDROOM (2.72 x 3.68 m - 8′11″ x 12′1″ ft)
FITTED KITCHEN (2.23 x 3.34 m - 7′4″ x 10′11″ ft)
kitchen fitted with wall & base storage units.
BATHROOM (3.01 x 1.95 m - 9′11″ x 6′5″ ft)
FLAT 2 - GROUND FLOOR
LIVING ROOM (3.34 x 3.65 m - 10′11″ x 11′12″ ft)
To the front, bay window
FITTED KITCHEN (3.2 x 3.58 m - 10′6″ x 11′9″ ft)
Wall and base storage units
DOUBLE BEDROOM (3.09 x 2.98 m - 10′2″ x 9′9″ ft)
BATHROOM (1.95 x 3.02 m - 6′5″ x 9′11″ ft)
Fitted with three piece suite
REAR GARDEN
.
Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.