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23 bed property, in Mill Street, £2,000,000
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23 bed house

Mill Street, Derby DE1
Auction
£2,000,000

Our Summary

  • Auction date: Tuesday 23rd June 2026
  • Potential for rental growth and asset management upside
  • SUMMARY AUCTION DATE: TUESDAY 23rd JUNE 2026 A substantial 23-unit investment across two well-maintained blocks, generating a gross income of £221,460 (25/26)
  • Offering strong rental demand and future potential, this is a ready-made, income-producing asset with multiple years of successful full-occupation
  • DESCRIPTION AUCTION DATE: TUESDAY 23rd JUNE 2026 This attractive residential investment comprises 23 self-contained apartments across two purpose-built blocks, forming a well-managed and cohesive scheme
  • Investment Highlights A robust, income-generating asset with immediate cash flow and potential for value enhancement through active management
  • Auction Details AUCTION DATE: TUESDAY 23rd JUNE 2026 BIDDER REGISTRATION: BY 2pm MONDAY 22nd JUNE 2026 WHERE TO BID: Please ensure you are registered to bid on the Barnard Marcus Auctions website
  • LEGAL PACK: Download from Barnard Marcus Auctions Online Underwriting FOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 23rd JUNE 2026 AT 9

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Description

The property is a substantial, 23-unit investment across two well-maintained blocks in a well-established residential area of Derby. The development offers a mix of 23 self-contained apartments, including studios, apartments with separate kitchens, and duplex layouts, with a gross income of £221,460 for the 2025/26 academic year. The property features a secure electric entrance, limited on-site parking, and a low-maintenance courtyard garden with external storage.

The units are individually metered and have separate consumer units, enhancing management and cost control.