7 bedroom terraced house for sale

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7 bedroom terraced house for sale

York Street, Derby
£300,000

Our Summary

  • SUMMARYGUIDE PRICE: £300,000AUCTION DATE: TUESDAY 29th JULY 2025BIDDER REGISTRATION: BY 2pm MONDAY 28th JULY 2025WHERE TO BID: Please ensure you are registered to bid on the Barnard Marcus Auctions website
  • Planning permission was granted in 2015 for the conversion of the property into 2 flats, planning reference: (07/15/00926 – Derby City Council)
  • AUCTION SALE

Description

This property is a converted terrace house in Derby city centre, comprising two flats with a combined rental income of over £39,000 per annum. The property has planning permission to operate as two separate flats, with individual Assured Shorthold Tenancies in place. The property features a large open-plan kitchen, living, and dining area, four bedrooms, and two shower rooms on the ground floor, and three bedrooms, a kitchen, and a bathroom on the first floor. With a gross yield of approximately 12%, this property has operated as a successful investment for the current owner and is conveniently located near the Royal Derby Hospital, Derby University, Rolls Royce, and Toyota. The property will be auctioned on July 29th, 2025, with bidder registration required by July 28th.