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2 bedroom block of apartments for sale
40 Leopold Street and 1 The Avenue, Derby DE1 2HF
£275,000
40 Leopold Street and 1 The Avenue, Derby DE1 2HF
£275,000
Our Summary
- For sale on 29 October 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
- Total income of £2,420 per calendar month - £29,040 per annum with further scope to increase
- 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: 29
- Large corner plot with bags of potential
Description
A large corner plot is up for auction, offering multiple income streams and located within walking distance to the city center. The property includes a first-floor apartment with two bedrooms and two shower rooms, which generates £11,100 per annum in rent. Additionally, there is a ground-floor apartment, a double garage, and nine car parking spaces, all currently let out to various tenants. The property offers a total income of £29,040 per annum, with potential for further increases. The location is convenient for commuters, with easy access to major routes and amenities. The auction will take place online, with bidding available by proxy, phone, or online, and interested parties must register by 5pm the day before the auction. The property is being sold under an unconditional sale type, with binding contracts exchanged at the point of sale.