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55 Great Northern Road, Derby, DE1 1LT - Image 1

55 Great Northern Road, Derby, DE1 1LT

East Midlands

£50,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This end-of-terrace house presents a promising investment opportunity, ideally situated close to the amenities of Derby City Centre and convenient transport links, including Derby Train Station. Offered with vacant possession, this property requires modernisation and renovation to unlock its full potential. The layout spans two floors, featuring a unique attic room accessible via a step ladder, adding an extra dimension to its living space. On the first floor, you'll find three versatile rooms along with a shower room/WC, while the ground floor comprises a living room, dining room, and kitchen area. Outside, the rear courtyard garden offers a private space for outdoor activities. With completion expected within six weeks of auction day, this property is ideal for those looking to create their own vision or enhance value through renovation.

Investment Analysis

(DE1 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£200
Avg Yield
5.8%

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
20
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DE1)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -6.6%
5 year growth: +3.8%
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

55 Great Northern Road, Derby, DE1 1LT
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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
£177
Based on a loan of £37,500 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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