Worst House on the Street Logo
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 1
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 2
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 3
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 4
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 5
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 6
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 7
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 8
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 9
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 10
93 Quarn Way, Derby, Derbyshire, DE1 3HU - Image 11

93 Quarn Way, Derby, Derbyshire, DE1 3HU

East Midlands

£40,000
Listed on 23/10/2025

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat, situated on the second floor, presents a compelling opportunity for both owner-occupiers and investors looking to capitalize on a prime location near Derby City Centre. The property requires updating, allowing new owners to put their personal touch on it and potentially increase its value through renovation. Inside, the layout includes a welcoming reception room that can be transformed into a comfortable living space, along with a bedroom that offers potential for reconfiguration or enhancement. The kitchen and bathroom are functional but could benefit from modern upgrades, making this an ideal project for those looking to invest in home improvements. Located just a stone's throw from the city centre, residents can enjoy easy access to shops, restaurants, and local amenities. This proximity not only enhances daily convenience but also positions the property well for rental potential in a market where demand is consistently strong. With thoughtful renovations, this flat could become a charming residence or a profitable rental unit. The combination of its location and the need for updates creates an enticing investment opportunity in an area poised for growth.

Investment Analysis

(DE1 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£186
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DE1)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -3.0%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on DE1 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

93 Quarn Way, Derby, Derbyshire, DE1 3HU
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£147
Based on a loan of £30,000 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE