Summary - 8 ETRURIA GARDENS DERBY DE1 3RL
2 bed 1 bath Apartment
Compact two-bed auction lot — cash buyers or lease-extension investors preferred..
Two-bedroom first-floor flat, approx 397 sq ft
Allocated off-street parking space included
Potential rent c. £900 pcm (advertised)
Short lease — 73 years remaining; lenders may refuse
Sold at auction 14 Oct 2025; registration and fees apply
Dated 1980s kitchen — requires modernization
Medium flood risk and higher local crime level
Gas central heating and double glazing; broadband average
Situated on the first floor of a modern block in Chester Green, this compact two-bedroom flat offers a straightforward buy-to-let or cash-purchase opportunity close to Derby city centre. The property comes with an allocated off-street parking space, gas central heating and double glazing, and is marketed with vacant possession for sale at auction on 14 October 2025. Advertised potential rental income is approximately £900pcm.
The apartment is small (around 397 sq ft) and has a dated 1980s-style kitchen that will need updating to maximise rental value. The building was constructed between 1996–2002 and benefits from standard broadband and excellent mobile coverage, but the flat itself will require cosmetic modernisation and a careful check of services and appliances prior to purchase.
A material drawback is the lease length: 73 years remaining. Mortgage lenders commonly refuse to lend on properties with short leases, so this lot is most suitable for cash buyers or investors prepared to manage lease-extension costs. The sale is by auction and purchasers should note the upfront registration/holding requirements and a documentation charge payable on completion.
Location positives (walking distance to the city centre and local amenities, good school options nearby) are offset by local issues such as a higher-than-average crime level and a medium flood risk. Prospective buyers should verify flood, security and lease matters, and factor in refurbishment and possible lease-extension costs before bidding.
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