Flat 2, Kirkella, 2 Robertson Road, Buxton Derbyshire, SK17 9DY

Description

FOR SALE BY ONLINE AUCTION 30TH SEPTEMBER - 1ST OCTOBER 2026, UNLESS SOLD PRIOR UNDER AUCTION TERMS

Flat 2, Kirkella, 2 Robertson Road, Buxton, SK17 9DY

A deceptively spacious two-bedroom apartment situated in a sought-after residential location within easy reach of Buxton town centre, local amenities and transport links.

Offering larger accommodation than is typically found in apartments of this style, the property comprises an entrance hallway, spacious lounge/dining room, fitted kitchen, two generous double bedrooms and family bathroom.

Tenure / Property Information

Annual Ground Rent: £10.00; Council Tax Band: B; Tenure: Leasehold; Annual Service Charge: £250.00

Investment Analysis

HB analysis uses the supplied Edward Mellor scrape as the primary property source. Auctioneer facts are separated from HB desktop estimates; all figures should be verified before bidding.

Investment Snapshot

Market Comparables

Comparable evidence includes Flat 19, Temple Court, Temple Road, a two-bedroom apartment which sold for £238,500 in May 2026

The most recent sale on Robertson Road was 15 Robertson Road, a seven-bedroom terrace, which sold for £593,700 in 2023

Premium apartments in Buxton are currently marketed at up to £1,100 pcm, with larger executive and period homes in the surrounding area achieving rents in excess of £1,500 pcm.

HB Base GDV £416,100 is based on the median of sold comparables quoted in the auctioneer’s scraped description.

Proposed Works

HB desktop works allowance: £15,000. Allow for inspection-led repairs, decoration, safety/compliance items and contingency.

Rental Value

The property is leasehold with approximately 950 years remaining on the lease, a ground rent of just £10 per annum and an annual service charge of approximately £250, resulting in exceptionally low ongoing costs.

Comparable evidence includes Flat 19, Temple Court, Temple Road, a two-bedroom apartment which sold for £238,500 in May 2026. The most recent sale on Robertson Road was 15 Robertson Road, a seven-bedroom terrace, which sold for £593,700 in 2023. Premium apartments in Buxton are currently marketed at up to £1,100 pcm, with larger executive and period homes in the surrounding area achieving rents in excess of £1,500 pcm.

Low / Base / High Investment Scenario

BTL Analysis

At the starting bid, the gross yield is 12.0%.

BRRR Analysis

Using a 75% refinance against the HB base GDV gives indicative refinance proceeds of £312,075. Against purchase plus works of £145,000, indicative cash left in is £-167,075. Finance, tax, legal fees and lender valuation haircuts are excluded.

Flip Analysis

At the HB base GDV, after purchase plus works and an indicative 2% selling allowance, the pre-finance/pre-tax flip surplus is approximately £262,778. This is a screening figure, not a formal valuation.

Maximum Bid Indicator

HB Desktop Screening Ceiling: approximately £330,363. This is a desktop screening ceiling only, not a formal valuation or instruction to bid; SDLT, finance, legal fees and property-specific abnormal costs must be added separately.

Strategy Recommendation

Most relevant strategy: BTL / BRRR. The choice reflects the scraped condition/occupancy narrative, available rent evidence and the relationship between the starting bid, works allowance and HB base GDV.

Strategy Rating

BTL ★★★★★; BRRR ★★★★☆; Flip ★★★★☆

Key Risks

• lease terms, service charge and ground rent must be checked against the legal pack
• tenancy status, arrears and possession position require legal verification

Analysis Confidence

Medium-High. Confidence reflects the quality of the supplied listing information, embedded coordinates/images, and the amount of sold/rental evidence captured in the scrape.