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Riddings Street, Derby

East Midlands

£90,000

Listed on 24/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terrace property in Derby presents an excellent opportunity for investors or cash buyers looking to add value through renovation. The layout includes a lounge, dining room, kitchen, and a family bathroom on the first floor, providing a solid foundation for modernization. The property is conveniently positioned near essential amenities like the Royal Derby Hospital and Derby City Centre, enhancing its rental appeal. While the rear garden offers low maintenance, the interior could benefit from updates to fixtures and finishes to maximize its potential. This property comes with no onward chain, allowing for a swift transaction process for interested buyers. A viewing is recommended to fully grasp the investment possibilities available in this home.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Riddings 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
£321
Based on a loan of £67,500 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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