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Arundel Street, Derby

East Midlands

£260,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1645 sqft

Description

This three-bedroom end of terrace property occupies a substantial corner plot and presents a solid opportunity for both residential living and investment development. Notably, there is already proposed planning permission for an additional three-bedroom detached house within the grounds, enhancing its potential value significantly. Inside, the home features an inviting entrance hallway that leads to a generously sized lounge filled with natural light. Adjacent to it, the separate dining room at the rear provides a perfect setting for family gatherings or entertaining guests. The kitchen, also positioned towards the back, enjoys direct access to a conservatory, allowing for seamless interaction between indoor and outdoor spaces. A cellar adds valuable storage or could be transformed into additional functional space. On the first floor, you'll find a spacious main bedroom along with two other bedrooms and a family bathroom. The second floor offers a sizeable double bedroom that includes its own ensuite, which can serve as an excellent principal suite or guest accommodation. The expansive outdoor area further enhances this property's appeal, making it ideal for families and developers alike who wish to capitalize on its existing planning permissions and extensive space.

Investment Analysis

(DE22 area)

Below Market Value

This property is priced -35.9% below area average per sq ft

-35.9%
Potential saving
This Property
£158/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£196
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£446,313
10% above area average per sq ft
Potential ROI
+44.0%
After renovation
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

Arundel Street, Derby
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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
£928
Based on a loan of £195,000 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.

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