Auction
Auction date passed
This lot went to auction on 1 October 2026 (27 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
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See how verdicts work1-bedroom flat · DE1 3BN
For saleListed 49 daysAuction 1 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Auction on 01 October 2026.
Offered in partnership with Fletcher and Company - Derby ***ATTRACTIVELY PRICED RESIDENTIAL INVESTMENT*** A realistically priced, one bedroom maisonette within the popular Strutts Park conservation area of Derby.
Sold with the benefit of no upper chain the property features an entrance hall with staircase and private entrance door with further staircase to a small landing area with open plan lounge/bedroom/kitchen and shower room.
The property does require some modernisation but would be a good first time buyer or investment property. The property has electric heating and furniture is available within the price.
The property is set within a small, low maintenance courtyard.
The Location - Strutts Park conservation area is positioned just north of the city centre, close to the Cathedral Quarter, Friar Gate and a full range of amenities in the city itself.
Attractive Darley Park is also close by with pathways running into the city centre.
Entrance Hall An entrance door provides access to a hallway (which is shared with one other apartment) with staircase to first floor.
On the first floor there is a further door providing access to private staircase to upper floor.
Private Staircase Providing access to upper floor Lounge/Bedroom With Kitchen Off 5.21 x 3.86 (17'1" x 12'7") Lounge/Bedroom Area With electric heaters, storage cupboard, window to front and two double glazed Velux windows to side.
Kitchen Area Comprising worktops with tiled surrounds, stainless steel sink unit, fitted base cupboards and drawers, appliance space suitable for electric cooker, washing machine and fridge.
Shower Room 2.41 x 0.92 (7'10" x 3'0") - Appointed with a low flush WC, pedestal wash handbasin, shower cubicle and electric towel rail. Attic Room Accessed via a ladder from the lounge/bedroom area.
Outside The property is set within a shared courtyard. Note Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property.
Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Leasehold Information Please note the property is leasehold with 956 years remaining. The ground rent is a bi annual charge of £71.83 and the service charge is a bi annual charge of £849.65.
Buildings insurance is an additional annual charge of £513.84. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Conservation Area We have been made aware this property is in a conservation area.
Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
Draft Sales Particulars These sales details are awaiting vendor approval 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 1.2% inc.
VAT of the purchase price (subject to a minimum 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.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Flat 10, Millers Court, Edward Street, Derby, Derbyshire DE1 3BN
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