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111 London Road, Derby DE1 2QS

East Midlands

£200,000
Listed on 04/03/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
1577 sqft

Description

This is a mid-terrace, three-storey office building constructed from traditional masonry and topped with a pitched tile roof. Inside, the property features multiple cellular offices along with storage areas and restroom facilities distributed across all three levels. Notably, there is additional storage space available in the cellar. The layout and location suggest significant potential for conversion into residential units, pending necessary planning approvals. Externally, the property offers off-road parking for up to four vehicles via a shared access route from Liversage Road, enhancing its appeal for future occupants. It's worth noting that the property includes a flying freehold at the first and second floors, resulting in distinct floor layouts for these upper levels.

Investment Analysis

(DE1 area)

Below Market Value

This property is priced -46.2% below area average per sq ft

-46.2%
Potential saving
This Property
£127/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£196
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£409,216
10% above area average per sq ft
Potential ROI
+41.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (DE1)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -4.9%
5 year growth: +8.6%
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

111 London Road, Derby DE1 2QS
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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
£721
Based on a loan of £150,000 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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