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Amy Street, Derby

East Midlands

£100,000
Listed on 04/02/2026

Property Details

Bedrooms
1
Type
Detached house
Area
1054 sqft

Description

This property presents a unique investment opportunity situated just a short distance from the centre of Derby. Previously home to a beauty salon, the commercial space is now vacant, providing potential buyers with the flexibility to establish their own business, lease it out, or convert it into a residential flat, contingent on obtaining the necessary planning permissions. The first-floor flat has independent access and features essential living spaces including a bedroom, kitchen, shower room, and living room—a blank canvas for refurbishment. Additionally, the property includes two outbuildings at the rear that could serve as valuable storage or be repurposed for other uses. Positioned near Derby's vibrant amenities and accessible transport links like bus and train stations, along with proximity to Royal Derby Hospital, this location is ripe for redevelopment or rental opportunities.

Investment Analysis

(DE22 area)

Below Market Value

This property is priced -62.8% below area average per sq ft

-62.8%
Potential saving
This Property
£95/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£295,879
10% above area average per sq ft
Potential ROI
+111.3%
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

Amy 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
£361
Based on a loan of £75,000 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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