BTG Eddisons · 28 Oct 2026 · in 9 days
Former 40 bed care facility
Former Briar Close Residential Home, Briar Close, Borrowash, Derby DE72 3GB · East Midlands
LiveMixed-useVacant
- Guide
- £300,000
- Rent a year
- ≈£27,200est.
- Yield on the guide
- ≈9.1%est.
- Payback
- ≈11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D as stated in the lot details. Check the certificate in the legal pack. Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
BTG Eddisons' record
BTG Eddisons' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Mixed use lot in Derby. Offered vacant, so there's no income from day one.
Lot 202, Commercial Property. Former 40 bed care facility. Good general condition. Scope to reopen or reconfigure (subject to any planning required). EPC Rating: D. Briar Close is a purpose built, 40 bed care home (until recently operational), all single rooms. Four wings out of a central foyer, each wing having one bathroom with bath and two separate WC cubicles. One wing has an additional shower room. The site extends to circa 0.94 acres or thereabouts. Briar Close Residential Home is situated within an established residential area of Borrowash. The property occupies a predominantly residential setting, surrounded by established housing and local amenities, while benefiting from good access to the wider Derby and Nottingham areas. Briar Close itself provides a relatively quiet environment, with nearby public transport links, local shops, schools and community facilities. The location offers convenient access to the A52 and wider road network, making it accessible for residents, staff, visitors and commercial operators. Occupancy: Vacant possession upon completion. Tenure: See Legal pack Occupancy: Vacant possession upon completion General: Notes for Buyers: 1. Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding. 2. A new 999 year lease will be created on completion of the sale. Interested parties are advised to inspect the legal documents in this regard. Address: Former Briar Close Residential Home, Briar Close, Borrowash, Derby DE72 3GB
Figures come from BTG Eddisons' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.