Summary - 196, UTTOXETER OLD ROAD, DERBY DE1 1NF
3 bed 1 bath Terraced
Refurbishment opportunity near city centre and hospital access.
Guide price £85,000; sale by unconditional auction on set date
Freehold terraced house with three bedrooms and cellar
Requires full modernisation throughout; renovation costs expected
Larger-than-average rear garden; potential for extension subject to consent
Very high local crime rates; area classed as deprived
Chain free and vacant possession at completion
5% deposit (min £5,000) and 4.8% buyer's fee (min £6,000 inc VAT)
Council tax band low; mains gas central heating present
A spacious mid-terrace in central Derby offered at auction with clear scope for refurbishment and uplift. The house is freehold, chain free and includes three bedrooms, a basement/cellar and a larger-than-average rear garden for this terrace type. For an investor or developer the property presents a straightforward value-add project in a city location with good transport links and nearby amenities.
The property requires a full programme of modernisation: internal finishes are dated, some surfaces and fixtures need replacement, and the walls are likely uninsulated. Buyers should allow for significant renovation costs and factor in the auction terms. Sale will be by unconditional auction with a 5% deposit (minimum £5,000) and a buyers' fee of 4.8% (minimum £6,000 including VAT). Read the legal pack before bidding.
Notable positives include the generous rear garden with potential for extension (subject to planning), a basement providing extra usable space, gas central heating via boiler and radiators, double glazing, and a low council tax band. Material negatives to consider: the property is in a deprived area with very high recorded crime rates and will need full refurbishment; the location and condition suit experienced investors or buyers prepared for intensive renovation rather than a move-in-ready home.
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