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2 Marlowe Court, Caxton Street, Derby DE23 8BE

Lot no: 41 Auction Event
 

Guide Price £39,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 25th September 2025

10.00am
Key Features
  • Council Tax Band: A
  • Purpose built first floor one double bedroomed maisonette
  • Scheme of improvement and upgrading required
  • UPVC double glazed and gas centrally heated
  • Offered for sale with immediate vacant possession
  • Set back from the road behind communal car park
  • An affordable residential investment opportunity
  • Established location close to Derbys inner ring road
  • EPC Rating: Awaited
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Maisonette

Property Description:

An excellent investment opportunity to acquire a purpose built, first floor one bedroomed maisonette with vacant possession, requiring some improvement and upgrading.

Constructed of brick and block set beneath a pitched tiled roof the uPVC double glazed and gas centrally living accommodation in brief comprises of ground floor entrance with stairs, first floor L-shaped landing, lounge, fitted breakfast kitchen, one genuine double bedroom, wet room and a useful walk-in-store providing excellent storage.

The property enjoys an established location popular with first time buyers and investors and is set well back from the road with communal parking.

Derbys inner ring road is within close proximity and provides swift access onto several retail parks, the city centre and the A38.

Ground Floor Entrance

With stairs.

First Floor L-Shaped Landing

Leading to -

Lounge

14ft 7 x 10ft 5

Kitchen Breakfast Room

10ft 4 x 7ft 5

Double Bedroom

13ft 8 max x 9ft 5

Wet Room

8ft x 5ft 5

Large Walk-In-Storage Room
Outside

Communal parking.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

88


Utilities Information
  • Heating Supply: Double Glazing, Gas Central
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Communal



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.