Summary - BLAIR HOUSE FLAT 2 BLAGREAVES AVENUE LITTLEOVER DERBY DE23 2NR
1 bed 1 bath Flat
Affordable buy-to-let with garage and immediate income potential in Littleover.
- Ground-floor studio, 328 sq ft
- Private garage included, off-street parking
- Currently tenanted — income from day one
- Sold by auction; non-refundable reservation fee applies
- Leasehold tenure; review Buyer Information Pack
- Electric storage heating; dated heating system
- Kitchen and bathroom need modernization
- Cavity walls likely uninsulated; retrofit possible
A ground-floor studio occupying 328 sq ft with private garage and communal gardens, offered with a sitting tenant — a straightforward purchase for a buy-to-let investor or someone seeking an affordable first home. The open-plan living/bedroom, small kitchen and three-piece bathroom are functional but date from the 1980s and will benefit from modernization.
Key practical considerations: the flat is leasehold and will be sold at auction by the Modern Method of Auction. Bidders must review the Buyer Information Pack, pay the non-refundable reservation fee (4.5% of the purchase price, minimum £6,600 inc VAT) and may incur additional optional service fees. These costs are material to the purchase and should be factored into any offer or funding plan.
Building fabric and services are basic: electric storage heating, double glazing of unknown age, and cavity walls likely without added insulation. The property is economical to run in council tax but sits in an area classified as deprived, which may affect long-term capital growth.
Strengths include the private garage, easy town access, excellent mobile signal and fast broadband — useful for tenants or remote workers. The flat’s compact size and existing tenancy make it quick to manage, while the clear scope for refurbishment offers potential to add value with relatively modest investment.
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