29 Middleton Street, Derby DE23 8QJ

A fully let end-terrace HMO set over two storeys in a most popular location in Derby, currently providing a gross total income of ££21,288 per annum. Benefitting from gas central heating with a brand new boiler installed in December 2025 and double glazing.

The ground floor consists:
Room 1 with fully fitted kitchenette, let @ £346 pcm

Room 2 which comprises of bedroom, separate kitchen and rear access to the garden, currently paying £368 pcm

The first floor has three further bedrooms and a bathroom. Of the three bedrooms, rooms 3 and 4 consists of a bedroom with kitchenette with both tenants paying £346pcm with room 5 paying £368pcm.

The property has a garden to the rear which is gravelled for ease of maintenance.

The loft also offers scope to convert, subject to any necessary consents.

All tenants are long standing, with each tenant having independent electricity meters. The property benefits from a recent EICR valid for 5 years.

The property is within easy reach of Derby city centre, Derby Royal hospital, Rolls Royce etc and has a comprehensive range of amenities within the immediate area.

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, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.2% inc. VAT of the purchase price (subject to a minimum of £1,500 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.