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8 bed Block of Flats For Auction
Buxton, SK17 - Get Access
Description
TO BE SOLD BY ONLINE AUCTION ON 21-22ND OCTOBER 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS X4 Kirkella Flats, 2 Robertson Road, Buxton, SK17 9DY AN EXCELLENT OPPORTUNITY TO ACQUIRE A COMPLETE FOUR-APARTMENT PORTFOLIO WITHIN ONE BUILDING IN THE POPULAR PEAK DISTRICT TOWN OF BUXTON. This substantial investment opportunity comprises four self-contained two-bedroom apartments, offering eight bedrooms in total and approximately 3,589 sq ft (333.4 sq m) of accommodation, making it an attractive proposition for investors looking to establish or expand their portfolio within a well-established residential and rental location. The portfolio offers an attractive mix of existing rental income and vacant possession, with two apartments currently tenanted and two currently vacant. Flat 1 is currently producing £650 pcm and Flat 2 is currently producing £700 pcm. Flats 3 and 4 are currently vacant, providing an incoming purchaser with the flexibility to refurbish, re-let or otherwise reposition the accommodation to suit their investment strategy. Each apartment offers generous accommodation, with layouts incorporating entrance areas, spacious lounges or lounge/dining rooms, fitted kitchens, two well-proportioned bedrooms and bathrooms. Further features across the building include a particularly spacious communal hallway, together with floored loft accommodation with windows, adding further interest and potential to the overall offering, subject to any necessary consents. Externally, the property benefits from allocated off-road parking and well-maintained communal gardens, providing valuable additional amenities for occupiers. The sale represents a rare opportunity to acquire all four apartments within the same building as one portfolio, offering investors the benefit of consolidated ownership, existing rental income, vacant accommodation and further letting potential under one acquisition. Tenure: Each apartment benefits from a long lease with approximately 950 years remaining. As all four apartments are being sold together, the purchaser will also acquire the associated ownership interest in Keyasset, the company connected with the freehold and management of the building. On completion, the purchaser will become the sole shareholder of Keyasset. Local market evidence includes Flat 19, Temple Court, Temple Road, a two-bedroom apartment which sold for £238,500 in May 2026. Premium apartments within Buxton have also been marketed at rental levels of up to approximately £1,100 pcm, providing further context for investors considering the potential income from the vacant units. Achievable rents will depend on each apartment's individual condition, specification and tenancy arrangements. EPCs have been completed for each apartment and are available within the legal pack. A compelling portfolio opportunity combining four apartments, eight bedrooms, approximately 3,589 sq ft of accommodation, existing rental income, vacant possession, allocated parking and long leasehold interests, together with the associated Keyasset/freehold interest, all within a popular Buxton location. Important Information Tenure: Leasehold Years Remaining on the Lease: 950 Notice Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions. You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team. You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.