Summary - 81 REEVES ROAD DERBY DE23 8JF
3 bed 1 bath Terraced
Three-bed Victorian terrace — auction sale, vacant possession, ideal for refurbishment or buy-to-let..
- Three-bedroom Victorian mid-terrace, approx. 776 sq ft
- Vacant possession; freehold title
- Sold at auction 14 Oct 2025; guide £95k–£105k
- Requires renovation; dated interiors and worn finishes
- Solid brick walls assumed uninsulated; energy improvements likely
- High local crime and very deprived area — affects rental demand
- Buyer fees: holding deposit and £1,500 documentation charge
- Fast broadband and excellent mobile signal
A three-bedroom mid-terrace Victorian property offered with vacant possession and clear investment potential. At 776 sq ft on a small plot, the house is compact and best suited to buy-to-let or a value-led refurbishment. It will be sold at auction on 14 October 2025 with a guide range of £95,000–£105,000.
The property is freehold, has mains gas heating with a boiler and radiators, and double glazing installed before 2002. The fabric is traditional solid brick with no known wall insulation; internal finishes are dated and the living areas need renovation. Broadband speeds are fast and mobile signal is excellent, supporting modern rental demand.
Important transactional facts: this is an auction sale requiring bidder registration, a holding deposit and a documentation charge of £1,500 (inc. VAT) payable on completion. Prospective purchasers must check the legal pack and conditions of sale before bidding.
Location and risks: the immediate area is classified as very deprived with a high local crime rate, which will affect tenant profiles and rental levels. Nearby primary and secondary schools have generally good Ofsted ratings, and there is local convenience and transport amenity, supporting lettings to families or working tenants. Buyers should allow budget for refurbishment, insulation upgrades and any electrical or safety checks recommended by surveys.
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