2 bedroom block of apartments for sale

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2 bedroom block of apartments for sale

Flats A & B, 705 London Road, Derby, Derby City, DE24 8UQ
£100,000

Our Summary

  • FOR SALE BY PUBLIC AUCTION - Thursday 23rd October 2025 Potential to increase rents in line with market rates, i
  • Current Rent: £6240 pa ERV: £14,400 pa Freeehold For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue
  • They are not necessarily figures which a property will sell for and may change at any time prior to the auction
  • The reserve is a figure below which the auctioneer cannot sell the property during the auction

Description

This property is being sold by public auction on October 23rd, 2025, and has potential to increase rents to £600 per month per flat. The ground floor has 588 square feet, including an entrance hall, living room, bedroom, kitchen, and bathroom, with an energy rating of E. The first floor has 523 square feet, plus an additional 179 square feet attic room, with a landing, living room, bedroom, kitchen, and bathroom, and an energy rating of F. The property also features gardens. The current rent is £6240 per annum, with an estimated rental value of £14,400 per annum. The property is freehold and will be sold subject to a reserve, which is a figure below which the auctioneer cannot sell the property during the auction.