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2 bedroom block of apartments for sale
Flats A & B, 705 London Road, Derby, Derby City, DE24 8UQ
£100,000
Flats A & B, 705 London Road, Derby, Derby City, DE24 8UQ
£100,000
Our Summary
- FOR SALE BY PUBLIC AUCTION - Thursday 18th September 2025 Potential to increase rents in line with market rates, we estimate £600 pm per flat
- 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 at public auction on September 18th, 2025, and has the potential to increase rents to £600 per month per flat. The ground floor flat has 588 square feet of living space, including an entrance hall, living room, bedroom, kitchen, and bathroom, with an energy rating of E. The first-floor flat has 503 square feet plus an 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, and the estimated rental value is £14,400 per annum. The property is being sold freehold, and interested parties can find more information, legal documents, and a guide to the auction process on the website.