>
House of multiple occupation for sale
15 North Parade, Derby DE1 3AY
£270,000
15 North Parade, Derby DE1 3AY
£270,000
Our Summary
- For sale on 24 April 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
- ***High yielding freehold residential investment opportunity*** Located close to the popular Darley Park and Derby city centre, is a fine Grade II Listed Georgian Town House arranged over four floors, divided into seven letting units, with a combined gross rental income of £42,240 per annum
- 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: 27
- Some units have scope for significant rental increase
- Superb high yielding freehold residential investment opportunity
Description
This historic Grade II Listed Georgian Town House is a rare investment opportunity, offering a combined gross rental income of £42,240 per annum. The property is divided into seven letting units, each with its own unique features, and is located in a highly convenient area near Darley Park and Derby city center. The town house is arranged over four floors, with a mix of gas centrally heated living accommodation and a pitched tiled roof. The property has a return of 15.6% based on the guide price, making it an attractive option for investors. With a highly desirable location, close proximity to Pride Park and the A52, and a range of amenities nearby, this property is sure to generate strong rental yields and long-term capital growth.