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14 Spring Street, Derby DE22 3UF

East Midlands

£87,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This auction property presents a freehold, two-storey terraced house featuring two bedrooms and is situated in a well-established residential area just southeast of Derby's city centre. The home is currently vacant and requires modernisation, offering an excellent opportunity for investors or those looking to create their ideal living space. The accommodation comprises two reception rooms and a kitchen on the ground floor, along with two bedrooms and a bathroom on the first floor. Additionally, there is a rear garden providing potential for outdoor enhancements. The property’s proximity to Stockbrook Recreation Ground offers convenient access to green spaces, making it an attractive location for families and outdoor enthusiasts alike.

Investment Analysis

(DE22 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£196
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (DE22)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +7.9%
5 year growth: +18.7%
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

14 Spring Street, Derby DE22 3UF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£310
Based on a loan of £65,250 over 30 years at 3.97% 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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