Summary - 2A ARTHUR STREET, DERBY DE1 3EF
2 bed 2 bath End of Terrace
Freehold investment with garden and strong tenant demand.
- Two self-contained one-bedroom flats, ground and first floor
A compact freehold investment in Derby city centre, this end-terrace property is configured as two self-contained one-bedroom flats. Both units have double glazing; the ground floor benefits from gas central heating and a rear garden, while the first-floor flat has electric storage heating and an open-plan lounge/kitchen. Total internal area is about 816 sq ft, set within a small plot on a corner position.
The location offers strong tenant demand from students and professionals, with fast broadband, excellent mobile signal and many nearby amenities including university facilities, shops and transport links. As a pair of separate flats, the building suits a landlord seeking immediate let-ready units or someone looking to refurbish and enhance rental income.
Important considerations: the property is sold via the Modern Method of Auction with a buyer reservation fee (4.5% of purchase price, minimum £6,600 inc. VAT) and other buyer costs — inspect the Buyer Information Pack before bidding. The area is classified as deprived with very high local crime levels; the building was constructed c.1900–1929 with assumed solid brick walls and no known cavity insulation. The first-floor flat uses electric storage heating, which may affect running costs and tenant appeal.
This is a clear-value, hands-on investment: city-centre positioning and twin-let flexibility are strengths, but expect modernisation, potential energy-efficiency upgrades and attention to security and tenant management given the local context.
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