Mondello Drive, Alvaston

***POTENTIAL HIGH YIELDING INVESTMENT OPPORTUNITY*** In Partnership with BTG Eddisons Auctions. Auction Date 30th April 2026. Enjoying a sought-after residential location, is this purpose built, one bedroomed second floor apartment requiring part refurbishment and with the added benefit of immediate vacant possession.

To the ground floor there is communal entrance hall with stairs to the second floor. Internally the uPVC double glazed apartment consist of:- entrance hall, lounge, fitted kitchen, fitted bathroom and a double sized bedroom.

Outside the apartment block is set back from the road with well kept communal gardens and a communal car park with an allocated parking space – see verification from the legal pack. To the rear there is a large communal lawn.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Purpose Built Top Floor One bedroom Apartment
Minor Scheme Of Improvement Required
Leasehold/Council Tax Band A
Fitted Kitchen And Bathroom
Potential High Yielding Investment Opportunity
Well located for the A6, A50 and East Midlands Airport

Virtual Tour

Referral Fees

We recommend our preferred partner law firms who are solicitors selected by Us for their experience and efficiency in providing conveyancing services. We receive a referral fee of £225 - £250 per completed transaction. They are independent professionals upon whom You can rely for independent and confidential advice. Their conveyancing charges are available on request. We recommend our preferred partner Mortgage intermediaries who are mortgage specialists available to provide you with the advice you need and who will take care of everything from explaining options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. We receive a referral fee of approximately £350 per completed transaction. We recommend our preferred partner Insurance Company who provide Buildings and Contents Insurance. We receive a referral fee of approximately £25 per completed transaction. We recommend our preferred partner Removal Company for home removals. We receive a referral fee of £50 per completed transaction. Prospective purchasers are NOT obliged to use our preferred partner services.