8 bedroom end of terrace house for sale

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8 bedroom end of terrace house for sale

43 Wardwick, Derby DE1 1HJ
£295,000

Our Summary

  • For sale on 27 March 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
  • The property was fully upgraded and renovated just 3 years ago but there is further scope to add two extra bedrooms subject to the relevant planning permissions
  • 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

Description

A substantial three-story HMO in the heart of Derby City Centre is up for auction with a guide price and a reserve price within 10% of it. The property has been fully upgraded and renovated just three years ago and has eight bedrooms, with the potential to add two more with the right planning permissions. It is fully let, returning £51,300 per annum, representing a yield of 17%. The property is within walking distance to shops, restaurants, and bars, and has excellent public transport links. The sale is being conducted by SDL Property Auctions and will take place online with live auctioneers, with bidders able to register in advance and participate remotely. The sale is unconditional, and binding contracts will be exchanged at the point of sale.
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