Initial price	£40,000
05/11/25	£38,000
Price Change	-5.00%

This leasehold one-bedroom apartment in Derby is up for sale by online auction on December 4th, 2025. The property features a living room, fitted kitchen, one bedroom, and a bathroom, and has achieved a rental income of £500 per month, offering a potential yield of 15% at the guide price. The lease has 125 years remaining from 1991, and the ground rent is £60 per annum. Located close to Derby city centre, the property is well-suited for professionals and commuters, with easy access to local amenities and transport links. Interested buyers can view the property online, download the legal pack, and register to bid through the auction website.