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4 Lombard Street, Derby DE22 4JD

East Midlands

£109,500

Listed on 09/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This property presents an intriguing investment opportunity in a desirable residential area with a robust market for buy-to-let properties. This three-bedroom semi-detached home is ripe for updating and modernization, promising significant potential for value enhancement post-renovation. With recent tenants having vacated, the property is positioned to generate an estimated annual rental income of around £14,000, yielding a potentially attractive return on investment exceeding 12% in relation to its auction guide price. The layout includes an entrance hall, a lounge area, and a kitchen/dining room along with a conservatory at ground level. The first floor houses three bedrooms and a family bathroom. Outside, there is off-road parking along with gardens to the front and rear, adding further appeal. Local amenities, shops, and transport options are all conveniently nearby, enhancing the property's attractiveness as both a rental unit and future resale asset.

Investment Analysis

(DE22 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE22)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +7.4%
5 year growth: +17.9%
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

4 Lombard Street, Derby DE22 4JD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£414
Based on a loan of £82,125 over 30 years at 4.45% 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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