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Apartment 114, Prosperity House... 1 bed flat for sale
Prosperity House, Derby DE1
£45,000
Prosperity House, Derby DE1
£45,000
Our Summary
- A great investment opportunity for cash buyers only
- FOR SALE BY ONLINE AUCTION 12TH FEBRUARY 2025 – All bidders must register beforehand
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
- Consumer Protection Regulations 2008Auction Property Ltd endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract
- All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack
- Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale
Description
This is a great investment opportunity for cash buyers, a one-bedroom apartment on the first floor that produces £700 per month, generating a gross yield of 18.67% on a guide price of £45,000. The property is being sold through online auction on February 12th, 2025, and all bidders must register beforehand. The apartment has a lounge/kitchen, bedroom, and separate bathroom, but no internal inspection has been carried out. Viewings can be arranged with advance notice. The property is being sold subject to a reserve, and additional fees may apply, including administration charges and buyer's premium fees. The plans, maps, and photographs published are for identification purposes only, and should not be relied upon. The seller makes no representations or warranties about the property, and the auctioneer has no authority to do so.