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Midland Place, Derby

East Midlands

£100,000
Listed on 26/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced property is located in the heart of Derby City Centre, presenting a substantial opportunity for renovation and investment. The home features a welcoming hallway that leads into a comfortable lounge with views of the rear garden, creating an inviting atmosphere for relaxation or hosting guests. A functional kitchen, equipped with ample storage, occupies the ground floor. Upstairs, two generously sized bedrooms and a family bathroom offer further potential for personalization. The outdoor space boasts a low-maintenance garden, an asset in urban living, ideally suited for buyers aiming to refine their new home or enhance rental prospects. Ideally positioned just moments from Derby Train Station and major roadways like the M1 and A50, this property offers both convenience and local amenities at your doorstep. With its location and existing structure, it represents an excellent canvas for investors or those seeking to downsize while maintaining easy access to city life.

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

Midland Place, 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
£366
Based on a loan of £75,000 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.

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