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Longford Street, Derby

East Midlands

£230,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
836 sqft

Description

This semi-detached three-bedroom home presents a promising opportunity for those looking to invest and add value through renovation. Located in a desirable area just off Kedleston Road, the property is conveniently positioned near the University of Derby and within easy reach of Derby city centre, making it ideal for first-time buyers or families seeking a project to personalize their living space. The traditional layout features an entrance hallway leading to a lounge with a bay window that flows into the dining room, which retains charming details such as a feature fireplace. The compact kitchen offers potential for modern updates while providing essential space for appliances. Upstairs, you’ll find three bedrooms including a generous primary bedroom equipped with built-in wardrobes, alongside a wet room-style shower that could benefit from refurbishment. Outside, the property has an enclosed rear garden with paved areas suitable for landscaping improvements and a brick-built outbuilding that could be repurposed or upgraded. With its solid structure and location, this home provides ample scope for modernisation tailored to your tastes, whether you're looking to reside in it yourself or enhance its investment potential.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£275/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£234,682
10% above area average per sq ft
Potential ROI
-8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +7.2% over the last 12 months
3 year growth: +14.2%
5 year growth: +30.4%
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

Longford Street, Derby
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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
£830
Based on a loan of £172,500 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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