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7 Merchant Street, Derby DE22 3AN

Auction Event
 

Guide Price £90,000+ plus fees


Thursday 28th May 2026

9.00am
Key Features
  • Three bedroom mid terraced house
  • Offered for sale with vacant possession
  • Gas central heating and double glazed
  • Strong letting location close to the city centre
  • Easy reach of University Campus and Friar Gate

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Terraced House

Property Description:

Three bedroom mid terraced house offered for sale with vacant possession.

Situated in a perfect location for the University of Derby within walking distance of local amenities and easy access to Derby City Centre. Previously let out and now vacant the property benefits from gas central heating served from a combination boiler and double glazed windows.

With scope to adapt the accommodation to create a HMO in a prime investment location. This property offers great potential for a long term Buy To Let opportunity for seasoned and first time investors.

Lounge 11ft 1 x 10ft 8 (3.39m x 3.25m)

The lounge has radiator, double glazed window and door the the front and door inner lobby leading to the dining room.

Dining Room 11ft 4 x 11ft 1 (3.45m x 3.39m)

Radiator, double glazed window and door to kitchen.

Kitchen 9ft 8 x 6ft 11 (2.94m x 2.10m)

The kitchen is compact yet practical, featuring a gas hob and oven with work surfaces on both sides for meal preparation and stainless steel sink with a drainer. Double glazed window and door to the garden and door to the bathroom.

Bathroom 9ft 5 x 6ft 0 (2.88m x 1.84m)

The bathroom includes a white suite with a bath and overhead shower, a pedestal basin, and a close-coupled WC. Radiator, double glazed window.

Bedroom One 11ft 1 x 10ft 8 (3.39m x 3.25m)

Double bedroom with radiator and double glazed window to the front.

Bedroom Two 11ft 4 x 11ft 1 (3.45m x 3.39m)

Double bedroom with radiator, double glazed window to the rear and access to Bedroom three.

Bedroom Three 9ft 8 x 6ft 11 (2.94m x 2.10m)

Bedroom three is a smaller, cosy room that would work well as a single bedroom or a study. Radiator, double glazed window to the rear.

Rear Garden

The rear garden offers a private outdoor space enclosed by fencing and walls, gravelled and providing a blank canvas.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

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

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

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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding 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. 
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