Summary - 2 MARLOWE COURT DERBY DE23 8BE
1 bed 1 bath Maisonette
One-bedroom auction opportunity for investors or hands-on buyers needing renovation..
1-bedroom first-floor maisonette with vacant possession
Requires improvement and upgrading throughout
Leasehold with 88 years unexpired (sold at auction)
UPVC double glazing and gas central heating present
Communal off-street parking; set back from the road
EPC rating TBC — budget for potential energy works
Auction sale: 5% deposit and 4.8% buyer’s fee apply
Local area: high crime and very deprived — affects rental demand
This first-floor, one-bedroom maisonette is offered for sale by auction with immediate vacant possession, presenting a straightforward entry for investors or a hands-on first-time buyer. The property is uPVC double glazed with gas central heating and sits well back from the road behind communal parking in an established Sunnyhill location close to Derby’s inner ring road. Practical layout includes lounge, fitted breakfast kitchen, wet room and a walk-in store for useful storage.
A clear value proposition is the low guide price and encouraging rental/investment potential in an area popular with first-time buyers and investors. The apartment requires a programme of improvement and upgrading — cosmetic works and likely kitchen/bathroom modernisation are needed to achieve modern standards and maximise rental or resale value. EPC rating is currently TBC; buyers should budget for energy-efficiency works if required.
Important cautions are factual: the sale is by auction, with a 5% deposit (minimum £5,000) and a buyers’ fee of 4.8% (minimum £6,000 inc. VAT) payable on completion. The property is being sold leasehold with 88 years unexpired; bidders must review the legal pack for any additional charges and the special conditions of sale. The surrounding area shows high crime levels and high deprivation metrics — factor this into letting prospects and insurance costs.
For a buyer prepared to invest in refurbishment, this maisonette offers an affordable foothold in Derby with good transport links, communal parking and a large plot setting. Immediate vacant possession simplifies handover for refurbishment or rental re-let after works.
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