6, Avondale Road, DERBY, Derbyshire, DE23 6SG

Description

Vacant possession. Spacious four bedroom terrace Requiring refurbishment throughout. Description A four bedroom bay fronted terrace property located on the outskirts of Derby city centre, close to amenities in Normanton and the city centre. The property requires a scheme of renovations throughout, presenting the opportunity to increase the value. The accommodation comprises; entrance hall, lounge, living room, dining room and a kitchen to the ground floor, and four bedrooms and a bathroom to the first floor. There is a private garden to the rear, accessed from a door to the rear and with an alleyway from the front of the property which services only No.6. The property is perfectly suited to investors, buy to let landlords and families/owner occupiers. Offered for sale with the benefit of vacant possession and with huge scope to increase the value. Accommodation Ground Floor: entrance hall, lounge, living room, dining room and a kitchen First Floor: four bedrooms and a bathroom External

Location

Property located at 6, Avondale Road, DERBY, Derbyshire, DE23 6SG.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: Development costs require site-specific appraisal. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Verify planning status, access, services and development constraints

Recommendation

Preferred strategy: Development. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Development: ★★★★☆

Buy-to-Let: ★★☆☆☆

Flip: ★★★☆☆