Next auction Thursday 20th June 2.30PM

940 London Road, Alvaston, Derby, DE24 8PY

Guide price


Property Type




Key Features

  • Freehold 5 bedroom HMO in the heart of Derby fully let and producing £22,860
  • Fully refurbished throughout in 2018
  • Ideal opportunity for investors

Part of the 18 June 2019 auction
Nottingham Racecourse at 2.30PM

Recently refurbished HMO in the heart of Derby comprising 5 bedrooms, 2 bathrooms and communal kitchen fully let and producing £22,860 pa

  • Freehold recently refurbished HMO
  • HMO licence since April 2019
  • Mid-terrace property located in the heart of Derby
  • Comprises 5 bedrooms, 2 bathrooms and communal kitchen
  • Fully let and producing £22,860 pa
  • 3 x rooms let at £385 pcm
  • 2 x rooms let at £375 pcm
  • Rooms are all let with bills included
  • Refurbished throughout in 2018
  • Garden located to the rear of property
  • Ideal opportunity for investors
  • Not inspected by Auction Estates

Viewing date: Monday 17th June at 9.00am.


A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold 5 bedroom HMO fully let and producing £22,860 pa


Telephone: 01633257844

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