For Sale by under the hammer online auction. Wednesday 10th - Wednesday 10th September 2025 - Head over to our website to download the legal pack, register to bid and see more information.A Leasehold one bedroom apartment in Derby, currently tenanted, making it an ideal investment opportunity.
The property offers a living room, fitted kitchen, one bedroom and a bathroom.
Rental income- Refer to pack
Service Charge- Refer to pack
Ground Rent- £60 pa (approx)
Lease length- Leasehold for a term of 125 years from 1st May 1991 (approx)
Located close to Derby city centre, it’s well-suited for professionals and commuters, with convenient access to local amenities and transport links.
Important Notice: No Internal Inspection Under the Hammer has not internally inspected this property. Access has not been permitted by the current occupant, and all details regarding layout, condition, and accommodation have been provided by the seller and remain unverified. Prospective buyers must rely solely on the legal pack, their own enquiries, and any professional advice before bidding. The property is sold as seen. By placing a bid, you acknowledge and accept the risks associated with purchasing a property without internal access or full verification. Here's what to do nextVisit - Our website and view the auction terms.View - Book a viewing directly through our website.Register - Get registered prior to the auction opening date.Legal Pack - Download and view the legal pack to find out all the relevant information.Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.Bidding - Everything is completed online through the website and the intuitive bidding controls.If you would like your property to go into our next auction then contact our auction experts on[use Contact Agent Button] or submit a valuation on our website
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Under The Hammer - Birmingham. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Under The Hammer - Birmingham for full details and further information.