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5 bedroom house of multiple occupation for sale
42 Percy Street, Derby, Derbyshire DE22 3WD
£300,000
42 Percy Street, Derby, Derbyshire DE22 3WD
£300,000
Our Summary
- For sale on 29 January 2026 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: 29
- Investment Opportunity
Description
This substantial five-bedroom HMO property is being sold at auction and is located on the outskirts of Derby city center. The property has been comprehensively refurbished in 2021 and features gas central heating, uPVC double glazing, and modern kitchens and bathrooms. It has five units in total, including four studio en-suite rooms and one en-suite room with a shared kitchen, and is licensed for double occupancy. The property is fully let, generating an annual income of £43,000, and is situated near major employers such as Rolls Royce, Bombardier, and Network Rail. The sale is unconditional, and binding contracts will be exchanged at the point of sale. The buyer will need to pay a 10% deposit and a buyer's fee of 1.2% of the purchase price, which will be taken into account when calculating Stamp Duty Land Tax. The property is being sold with a guide price and a reserve price, and interested buyers are advised to make a viewing enquiry and conduct their own independent research before placing a bid.