Summary - 3 WELLINGTON CRESCENT DERBY DE1 2LZ
2 bed 1 bath Town House
Ideal hands-off rental with easy transport links and low upkeep.
Vacant 2-bedroom modern townhouse, approx 444 sq ft
Close walk to city amenities and Derby Train Station
Estimated rent £850 pcm (£10,200 pa) — investor potential
Gas central heating and uPVC double glazing fitted
Small, low-maintenance rear garden backing on to green space
Sold at auction: 10% deposit and 1.2% buyers’ fee apply
Very high local crime and very deprived area — consider impact
EPC awaited; some internal cosmetic updating likely needed
Offered at auction, this two-bedroom modern town house sits within walking distance of shops, bars and Derby Train Station. Presented with vacant possession, gas central heating and uPVC double glazing, it backs onto a green space and includes a low-maintenance rear garden. The property is aimed squarely at buy-to-let purchasers or investors seeking an easy-manageable city rental with an estimated rent of £850 pcm.
The interior is compact (approximately 444 sq ft) across two storeys and is generally functional: lounge/diner with patio doors, fitted kitchen, two bedrooms and a bathroom with electric shower. Some areas show dated decorative finishes (corridor and stair), so minor cosmetic updating would increase appeal and rental yield. The small plot and gravelled rear garden keep external maintenance low.
Buyers should note material sale conditions: the property will be sold under unconditional auction terms with binding contracts on the fall of the hammer. A 10% deposit (min £5,000) plus a non-refundable buyers’ fee (1.2% of purchase price, min £1,500 inc VAT) applies. Review the Legal Pack carefully before bidding for any special conditions.
Location strengths include excellent transport links, plentiful local amenities and several well-regarded schools nearby. Important negatives are the very high local crime rate and high area deprivation, which may affect long-term capital growth and tenant demand; an awaited EPC means energy performance is unconfirmed. This is best suited to investors comfortable with auction purchase mechanics and managing an urban rental property.
2 bedroom semi-detached house for sale in Arthur Street, Derby, Derbyshire, DE1 — £145,000 • 2 bed • 1 bath • 524 ft²
2 bedroom terraced house for sale in Nottingham Road, DE21 — £59,000 • 2 bed • 1 bath
2 bedroom terraced house for sale in Manchester Street, Derby, Derbyshire, DE22 — £110,000 • 2 bed • 2 bath • 741 ft²
2 bedroom terraced house for sale in Manchester Street, Derby, Derbyshire, DE22 — £120,000 • 2 bed • 1 bath • 786 ft²
3 bedroom end of terrace house for sale in 29 Arkle Green, Sinfin, Derby DE24 9NW, DE24 — £90,000 • 3 bed • 1 bath
3 bedroom terraced house for sale in Junction Street, Derby, DE1 — £100,000 • 3 bed • 1 bath • 746 ft²
