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Block of apartments for sale
80 Curzon Street, Derby DE1 1LP
£180,000
80 Curzon Street, Derby DE1 1LP
£180,000
Our Summary
- For sale on 28 August 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- An excellent freehold residential investment opportunity to acquire a substantial, brick built town house, comprising four self-contained flats just off Friar Gate in Derby city centre and within walking distance of the Ashbourne Road University campus
- Flat 1 requires some improvement works and when finished we would anticipate a rental income of approximately £700 per calendar month
- In our opinion there is scope for a rear extension subject to necessary planning consents
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 28
- High yielding freehold residential investment opportunity
Description
A substantial, brick-built townhouse in Derby city centre is being sold at auction, comprising four self-contained flats. The property is currently producing a combined rent of £20,940 per annum, with one flat requiring some improvement works. The property has uPVC double-glazed and gas centrally heated living accommodation, with a communal entrance hall and individual entrances to each flat. The property also has a small forecourt and enclosed rear garden, with scope for a rear extension subject to planning consent. The guide price is not disclosed, but the reserve price will be within 10% of the guide price. The property is being sold under an unconditional sale type, and binding contracts will be exchanged at the point of sale. A 10% deposit and non-refundable auctioneer's fee of 1.2% of the purchase price will be required.