Guide price

£9,000

2 bed detached house for sale
The Old Bike Shop, The Bridge Milford, Belper DE56

    • 2 beds

    • 2 baths

    • 2 receptions

Auction
Freehold
Added on 27/03/2026

About this property

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For sale by Under The Hammer online auction on Thursday 16th April 2026. Head over to our website to download the legal pack, register to bid and see more information.

A freehold ground rent investment, comprising 2 self contained apartments and offering an attractive income producing opportunity for investors seeking a low maintenance asset with long term upside.

The property was fully modernised and converted in 2011 into 2 self contained flats, with all works carried out under full planning consent and in compliance with building regulations. Each flat is held on a long lease, providing a secure and established investment structure.

We have been advised of the following lease information (refer to legal pack):

Both Lease lengths: 125 years from 2017

Ground Rents: £300 pa, for each flat (£600 per annum in total)

Further benefits include parking to the rear of the property.

Situated in the historic and picturesque village of Milford, the property enjoys a desirable semi-rural setting while remaining well connected to nearby towns and amenities, making it an appealing location for tenants and investors alike.

Here's what to do next

  • Visit - Our website and view the auction terms.
  • View - Book a viewing directly through our website.
  • Register - Get registered prior to the auction opening date.
  • Legal Pack - Download and view the legal pack to find out all the relevant information.
  • Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
  • Bidding - Everything is completed online through the website and the intuitive bidding controls.


If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website

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