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12 Leopold Street, Derby DE1 2HE

East Midlands

£120,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Detached

Description

Presenting a substantial detached villa in a well-established residential area, this property offers significant renovation and investment opportunities. It is conveniently located near the city centre, making it an attractive prospect for potential buyers looking to create additional living spaces or rental units through conversion to flats or an HMO, subject to planning approvals. The property features character accommodation with double glazing and gas central heating throughout. Internally, it includes an entrance vestibule, a lengthy hallway, two spacious reception rooms, and a practical breakfast room alongside a kitchen and bathroom facilities. The first floor comprises additional living space with three bedrooms and another bathroom suite. Externally, there’s a small forecourt and driveway for two vehicles as well as a private rear garden that enhances the property’s appeal. With vacant possession upon completion, this freehold opportunity is ripe for transformation within walking distance of amenities such as the Derbion Shopping Centre and Royal Derby Hospital.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

12 Leopold Street, Derby DE1 2HE
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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
£425
Based on a loan of £90,000 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.

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