5 bedroom Block of Apartments in Derby
Flats 1-5, 16 Duffield Road, Derby DE1 3BB
- Lot No: 44
- Property Type: Block of Apartments
- Contract Type: Unconditional with Variable Fee
Guide Price* £250,000+ plus fees
Property Description
A block of five flats arranged in a substantial building over three floors. Each flat is self contained and accessible off a communal hallway. Offered let with a total income of approx. £44,000 per annum, inclusive of bills. Tenants pays their own Council Tax if applicable. Three x One Bedroom Flats and Two x Studio Flats. All benefitting from Gas central heating and uPVC double glazing. The current owner has held the property for around eight years. It has an excellent letting history with high occupancy rate over this time. Situated in a popular and desirable location with a good range of amenities close by and one the edge of the City Centre. A great investment opportunity with superb yield and income from day one.
Flat One - Ground Floor
Lounge/ Kitchen - 4.68m x 4.33m. Bedroom 3.91m x 3.65m max. Ensuite Shower Room.
Flat Two - Ground Floor
Lounge/Bedroom 3.92m x 3.54m. Kitchen 2.63m x 2.72m. Shower Room.
Flat Three - First Floor
Hallway. Bedroom 3.59m x 2.32m. Lounge/Kitchen 3.54m x 2.72m. Shower Room.
Flat Four - First Floor
Lounge - 6.00m x 4.35m max. Kitchen - 2.83m x 2.00m. Bedroom - 4.05m x 4.04m max. Ensuite Shower Room.
Flat Five - Second Floor (NOT INSPECTED)
Lounge. Kitchen. Bedroom. Shower Room.
Communal Hallway
With stairs off, emergency lighting and utility room.
Outside
Small garden to front along with good size garden to rear.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 29th October 2025
Venue National Property Auction
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.
Lot Information
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