114 & 116 Drewry Lane, Derby, DE22 3QU

For sale by Auction on 28 May 2026.

***EXCELLENT BTL RESIDENTIAL INVESTMENT OPPORTUNITY*** An infrequent and exciting opportunity to acquire a pair of freehold, recently upgraded, two bedroomed terrace properties, situated close to the city centre, offered with immediate vacant possession.

In our opinion the properties should achieved a combined gross rental income in excess of £20,000 per annum, this representing an impressive 12.9% return based against the guide price.

Both properties have the same layout with neutral decor, uPVC double glazing and electric heating and in brief comprise:- Rear entrance hall with stairs, lounge thro diner and re-fitted kitchen.

To the first floor passaged landing there are two bedrooms and bathroom suite in white with shower.

Outside to the side of the property there is driveway with hardstanding area to the rear that could either be used as car standing or split into two separate gardens subject to the necessary legal procedures.

The properties are situated within the context of and established and strong letting location, conveniently positioned for the fashionable Friar Gate area of Derby.

The Royal Derby Hospital and A38 are both within a short commute.

114 Drewry Lane Rear entrance hall with stairs Lounge thro diner 15ft 1 max x 12ft 3 Fitted kitchen 10ft 4 x 6ft 8 First floor passaged landing 12ft 3 x 2ft 6 Bedroom one 12ft 3 x 9ft 3 max Bedroom two 10ft 2 x 6ft 6 Fitted bathroom 6ft 4 x 5ft 6 116 Drewry Lane Rear entrance hall Lounge thro diner 15ft 11 x 12ft 8 max Fitted kitchen 10ft 5 x 6ft 10 First floor passaged landing 12ft 6 x 2ft 6 Bedroom one 12ft 7 x 9ft 3 max Bedroom two 9ft 10 x 6ft 9 Fitted bathroom 6ft 9 x 5ft 3 Outside Tenure: Freehold Vacant possession upon completion Draft Sales Particulars These sales details are awaiting vendor approval Tenure: Freehold EPC Rating: E 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: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.2% 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.