Apartment for sale

Derby

23.332 €

Listed Sep 11, 2026

About this listing

For sale by Auction on 01 October 2026. INVESTMENT OPPORTUNITY - Offered with tenant in situ, offering an immediate income with current tenants paying £9,600 per annum equally a huge gross rental yield of 48%! The apartment sits in a fabulously central location in Derby city centre on Gower Street with views across to the beautiful former church. With double glazing and electric heating throughout the property has to offer: open entrance hallway, open plan lounge and kitchen, the kitchen is fitted with integrated fridge/freezer and washing machine, two double bedrooms and a bathroom. There is a sizeable cupboard leading off bedroom two housing the hot water tank. The photos were taken on 10/9/2026. Lounge area Kitchen area Bedroom one Bedroom two Bathroom Tenure: Leasehold EPC Rating: D Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page. This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

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Listed on

Rightmove