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Village Street, Derby

East Midlands

£220,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
872 sqft

Description

This semi-detached three-bedroom home offers a spacious layout in a desirable area, conveniently located near schools and local amenities. The property features an entrance hallway leading to a lounge and a kitchen/dining room, equipped with essential units and plumbing for appliances. A useful pantry and ground floor guest WC add to the practicality of the space. The first floor hosts three well-sized bedrooms and a family bathroom. The exterior benefits from a neat front garden and an expansive enclosed rear garden, providing ample opportunity for future extensions and off-road parking development—subject to obtaining planning permission. This home presents an excellent investment for those looking to enhance its potential, particularly given its proximity to key locations like Rolls Royce and The Royal Derby Hospital.

Investment Analysis

(DE23 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£252/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£187
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£229,009
10% above area average per sq ft
Potential ROI
-6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (DE23)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -1.5%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on DE23 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

Village Street, Derby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£779
Based on a loan of £165,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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