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Etwall Street, Derby, DE22

East Midlands

£160,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This spacious three-bedroom mid-terrace property located on the desirable Etwall Street in Derby City Centre offers significant investment potential for those looking to renovate. Historically utilized as a student rental, it is strategically positioned close to the University of Derby, local shops, and efficient transport links, making it an attractive option for investors or first-time buyers. The ground floor features a versatile front room that can function as a third double bedroom or a living area, catering well to shared living arrangements. At the rear, you'll find a modern kitchen that connects seamlessly to a generous dining/lounge space, fostering a cozy social atmosphere. Additionally, the property boasts a cellar, providing extra storage options or potential for further development. On the upper level, there are two spacious double bedrooms, each equipped with en-suite shower rooms for added comfort and privacy. A separate family bathroom adds further convenience for both residents and guests. Outside, the private rear garden offers low maintenance with opportunities for personalization, while on-street parking is accessible at the front. The absence of any onward chain makes this an uncomplicated purchase. This property presents numerous avenues for renovation and improvement, ideal for those interested in maximizing its value through strategic upgrades. Early viewing is advised to fully appreciate its potential.

Investment Analysis

(DE22 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +11.6%
5 year growth: +23.2%
Investment Disclaimer: Analysis based on DE22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Etwall Street, Derby, DE22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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