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Finchley Avenue, Mackworth, Derby, DE22
For saleReduced 12 Oct 2026
£60,000Guide price

Finchley Avenue, Mackworth, Derby, DE22 4EU

2bedrooms
1bathroom
Flattype
Leaseholdtenure

Listed 8 Oct 2026 · price reduced 12 Oct 2026 · Derby

How the price compares

This home£60,000
Median 2 bed in DE22£155k51 homes listed · £183 per sq ft
Difference-61%below the area median

Key features

  • Ground Floor Apartment
  • Two Double Bedrooms
  • Parking Space
  • Communal gardens and maintained shared areas
  • Tenant in Situ paying £700 a month
  • Secure video entry fob system
  • Leasehold
  • private external storage cupboard
  • Subject to Reserve Price - Buyers fees apply
  • For Sale by Modern Method of Auction

About this home

A well-presented ground floor, two-bedroom flat offering a strong turnkey investment opportunity in a popular residential area of Mackworth. The property benefits from a secure video fob entry system, an allocated parking space, and a private external storage cupboard. Currently let at £700 per month with a tenancy in place until 16th October 2026, this purchase is suitable for investor buyers only, providing immediate rental income from day one. £750.00 (market rent) Internally, the flat offers a generous lounge, fitted kitchen, two bedrooms and a shower room, with communal gardens and maintained shared areas completing the accommodation. This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. EPC rating: C. Tenure: Leasehold,

Entrance Hall Accessed via a secure communal entrance with video fob entry. Internal hallway with doors to all rooms, wood-effect flooring and storage alcoves.

Lounge 4.56m x 3.39m (15'0" x 11'1") A bright and spacious reception room with a large front-facing window overlooking communal green space. Ample space for seating and dining furniture.

Kitchen 2.77m x 2.62m (9'1" x 8'7") Fitted kitchen with a range of wall and base units, integrated oven and hob, spaces for appliances, and a window offering views towards the communal gardens.

Bedroom One 3.44m x 2.83m (11'3" x 9'3") A generous double bedroom with fitted cupboard space and a window.

Bedroom Two 3.63m x 2.27m (11'11" x 7'5")

Good-size second bedroom with window; suitable as a double bedroom or home office.

Shower Room 1.71m x 1.47m (5'7" x 4'10") Comprising walk-in shower enclosure, wash basin with vanity storage. Tiled flooring and window for natural ventilation.

WC 1.71m x 0.75m (5'7" x 2'6") Separate toilet room with window.

External Allocated parking bay, communal lawned gardens to the rear, and private lockable storage cupboard numbered for the property.

Lease Information 95 Years Remaining on the Lease. Service charges are added to the account every quarter, 1st April, 1st July, 1st October & 1st January. The service charge for financial year 1st April 2025 – 31st March 2026 for 60 Finchley Avenue is £178.69 per quarter, the annual charge is £714.76 (the total is excluding building insurance for the flat internally) Ground Rent is £10 per year, paid quarterly within the service charge payments.

Disclaimer In line with AML regulations, Northwood (Derbyshire) Ltd must verify all purchasers’ identities. The cost is £35 + VAT (£42 inc. VAT) per person, payable to our verification partner before a sale can be agreed. These particulars are issued in good faith but do not form part of any offer or contract. Details should be independently verified. Measurements are approximate, and services or appliances have not been tested. Buyers should make their own enquiries or surveys. Please contact us for clarification if travelling some distance to view.

Property details

Property type
Flat
Council tax band
A
Tenure
Leasehold
Ground rent
£10 per year (Ask agent about the review period)
Service charge
£714.76 per year
Parking
Off street, Private
Garden
Private garden
Heating
Gas central
Accessibility
Ground floor

Floorplan

Floorplan

Location

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  • Derby Station2.8 mi
  • Peartree Station3.1 mi
  • Duffield Station4.4 mi

What nearby homes sold for

Median sold prices in DE22 over the last 12 months: detached £365k · semi-detached £250k · terraced £170k · flat £116k.

AddressTypeSoldPrice
13 Finchley Avenue
Derby DE22 4ES
Semi-detached
Freehold
30 Jul 2026£232,500
88 Finchley Avenue
Derby DE22 4EU
Semi-detached
Freehold
28 Jul 2026£210,000
7 Finchley Avenue
Derby DE22 4ES
Semi-detached
Freehold
23 Jan 2026£222,500
20 Finchley Avenue
Derby DE22 4ES
Semi-detached
Freehold
21 Nov 2025£220,000
88 Finchley Avenue
Derby DE22 4EU
Semi-detached
Freehold
17 Oct 2025£120,000
102 Finchley Avenue
Derby DE22 4EU
Semi-detached
Freehold
26 Mar 2025£201,000
28 Finchley Avenue
Derby DE22 4ES
Semi-detached
Freehold
24 Jan 2025£216,000
61 Finchley Avenue
Derby DE22 4EU
Semi-detached
Freehold
20 Dec 2024£180,000
90 Finchley Avenue
Derby DE22 4EU
Semi-detached
Freehold
20 Mar 2024£185,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DE22

Buying costs

Monthly repayment£300£6,000 deposit · £54,000 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Northwood, Derby on Rightmove (original listing). First listed 8 Oct 2026; details checked 7 Nov 2026. Latest change: reduced on 12/10/2026.

Agent disclaimer

Disclaimer - Property reference P1421. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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