Three-bed Victorian terrace — auction sale with renovation potential close to hospital and university.
Freehold Victorian mid-terrace, three bedrooms, two reception rooms
Sold by modern auction — undisclosed reserve and buyer reservation fee applies
Recently fitted gas boiler (Feb 2023) and newly insulated loft
Low-maintenance rear garden with side access; small overall plot
Signs of mould/ceiling stains and dated decor — needs redecoration
Solid brick walls likely uninsulated — energy upgrades probable
Area: close to hospital, university and transport; higher crime rate
No onward chain; council tax indicated as very cheap
A three-bedroom Victorian mid-terrace in DE22 offered via modern auction — a clear opportunity for investors or buyers comfortable with a fast, conditional sale process. The property is freehold, gas-heated with a recently fitted boiler (Feb 2023) and newly insulated loft, reducing immediate running costs.
The layout includes two reception rooms, an extended kitchen, first-floor shower room plus separate WC, and a low-maintenance rear garden with side access. Original period features and double glazing remain, and the house is small but usefully proportioned across about 639 sq ft.
Important sale notes: this is a modern-method auction listing with an undisclosed reserve price and non-refundable buyer’s reservation fee; buyers must complete due diligence and allow up to 56 days for completion. The area is urban and classified as a deprived, high private-renting neighbourhood with above-average crime — factors that affect tenant demand and resale.
Property condition: there are signs of decorative wear and some ceiling stains/mould in at least one bedroom, indicating repairs and redecoration are needed. Walls are likely uninsulated solid brick (as built), so energy performance improvements will be a likely post-purchase cost. For investors, proximity to the Royal Derby Hospital, University of Derby and transport links supports rental demand; for owner-occupiers, the no-onward-chain sale speeds purchase but requires readiness for auction terms.