Terraced house for sale

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Terraced house for sale

300 Abbey Street, Derby DE22 3SZ
£175,000

Our Summary

  • For sale on 31 July 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
  • 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: 31
  • High yielding BTL residential investment opportunity

Description

This property is a high-yielding buy-to-let residential property, divided into four self-contained units, producing a combined rental income of £21,480 per annum. The property is situated in a strong letting location, conveniently positioned for the city centre. The units are arranged over four floors, with a ground floor entrance and stairs leading to the first, second, and third floors. Each flat has a unique layout, with one bedroomed studios, fitted kitchens, and bathrooms. The property benefits from communal parking and is situated in a flood risk area with a very low risk. The guide price is £175,000, and the reserve price is within + or - 10% of this amount. The property is being sold under an unconditional sale type, and binding contracts will be exchanged at the point of sale.