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8 bedroom end of terrace house for sale
43 Wardwick, Derby DE1 1HJ
£250,000
43 Wardwick, Derby DE1 1HJ
£250,000
Our Summary
- For sale on 24 April 2025 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
- The auction will commence at 09:00
- The property was fully upgraded and renovated just 3 years ago but there is further scope to add two extra bedrooms subject to the relevant planning permissions
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 27
Description
A substantial three-storey 8-bedroom HMO in Derby City Centre is up for auction, fully let and generating a yield of 17% against the guide price. The property was renovated just three years ago, but there is potential to add two more bedrooms subject to planning permissions. The property is located in the heart of the city, close to shops, restaurants, and bars, with good public transport links. The property has a guide price and a reserve price, and the sale will be unconditional, with binding contracts exchanged at the point of sale. The buyer will need to pay a 10% deposit and a buyer's fee of 1.2% of the purchase price, and will need to view the legal pack and special conditions of sale before bidding.