Summary -
17 WEST POINT,BROOK STREET,DERBY,DE1 3TE
DE1 3TE
1 bed 1 bath Apartment
Compact city-centre one-bed with parking — auction sale, long lease, noted running costs..
Top-floor one-bedroom apartment with loft-style character
A compact top-floor one-bedroom apartment in a gated, converted-warehouse development in Derby city centre. The open-plan lounge/kitchen, contemporary bathroom and allocated off-street parking deliver a low-maintenance city lifestyle with loft-like character and good natural light.
This property is well suited to investors or first-time buyers seeking a city-centre let or a central pied-à-terre. The long lease (897 years) and EPC C are positives, but note the small overall footprint (384 sq ft) and an average service charge of £1,400 and ground rent of £250 per year which affect running costs.
Buyers must purchase via the Modern Method of Auction: there is a mandatory non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) plus a Buyer Information Pack fee of £300 and potential optional service costs up to £450. Also be aware of the location’s high local crime level and medium flood risk; inspect carefully and check mortgage suitability before bidding.
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