Flat 3, 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 3, 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 a shared hallway which is a very spacious area, entrance, spacious lounge/dining room, fitted kitchen, two generous double bedrooms and a bathroom.

Tenure / Property Information

Annual Ground Rent: £10.00; Council Tax Band: B; Tenure: Leasehold; Annual Service Charge: £250.00; Years Remaining on the Lease: 950

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

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.