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Cowley Street, Off Kedleston Road, Derby - Image 1
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Cowley Street, Off Kedleston Road, Derby

East Midlands

£150,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house presents an exciting opportunity for those looking to invest or embark on a renovation journey. With its period features and a recent new roof, the property is poised for modernization, allowing you to tailor it to your preferences while enhancing its value. The layout comprises an entrance hall leading to a spacious lounge, a kitchen/diner with ample room for appliances, a practical utility room, and a cellar that offers extra storage options. On the upper floor, you'll find three bedrooms and a family bathroom. The bedrooms are well-sized, providing comfortable living spaces that can easily be transformed into personalized retreats. One of the standout features is the off-street parking—a rare find in this area—alongside a detached garage equipped with electricity. The outdoor space includes an enclosed garden and a small courtyard at the front, providing some separation from the road. Located just off Kedleston Road, Cowley Street enjoys proximity to Derby's vibrant city center, making it ideal for those who value convenience. Nearby amenities include Derby University, West End Park, Markeaton Park, schools catering to all ages, as well as numerous shops and dining options. The area is well-connected by transport links for easy commutes. It's worth noting that previous planning permission was granted for extensions at the rear of the property; although this has since expired, there remains potential (subject to necessary approvals) for future development or expansion. This property invites creative vision and investment potential—viewing is encouraged to fully appreciate what it has to offer.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Cowley Street, Off Kedleston Road, Derby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 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.

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