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5 bedroom terraced house for sale
155 Burton Road, Derby DE23 6AB
£210,000
155 Burton Road, Derby DE23 6AB
£210,000
Our Summary
- For sale on 25 September 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 10:00
- ***POTENTIAL HIGH YIELDING INVESTMENT OPPORTUNITY*** Situated within walking distance of the city centre and the University campuses of Derby, is a HMO licensed Victorian property with accommodation arranged over three floors being part let, part vacant and producing an income of £12,300 per annum
- In our opinion there is scope to extend subject, to the usual planning consents
- 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: 25
Description
This is a potential high-yielding investment opportunity, a HMO licensed Victorian property located within walking distance of Derby city center and university campuses. The property has three floors of accommodation, with two of the six rooms currently let and producing an income of £12,300 per annum. If fully let, the property could generate a gross income of £36,624 per annum, representing a 17.44% return on the guide price. The property has traditional brick construction, uPVC double glazing, and gas central heating, and features a communal dining kitchen, two shower rooms, and a separate bathroom. The property also has a small garden and parking for one vehicle. The guide price is £250,000, and the reserve price is within 10% of this figure. The property will be sold at an online auction, and interested buyers must register by 5pm the day before the auction to bid by proxy, online, or by phone.