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Derby Lane, Sunnyhill, Derby

East Midlands

£250,000

Listed on 22/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1440 sqft

Description

This three-bedroom semi-detached property presents a unique opportunity for renovation and investment. Situated on Derby Lane, it boasts a spacious layout with significant potential for modernization. The property comprises two reception rooms that flow into a kitchen area equipped with ample storage options, alongside a conveniently located downstairs W.C. The extensive rear garden includes several outbuildings that could be repurposed to enhance outdoor living or provide additional utility spaces. Benefiting from a large driveway and garage at the front, this home is ideal for families requiring off-road parking and outdoor space. Upstairs, you'll find three well-sized bedrooms along with a three-piece shower room. The current layout offers various possibilities for reconfiguration, particularly with the availability of planning drawings for a proposed two-storey extension, perfect for buyers looking to expand their living space further (subject to planning approval). Located conveniently near Derby city centre, the property enjoys proximity to local amenities and transport links, making it an attractive option for both families and potential investors seeking to capitalize on its expansion capabilities.

Investment analysis

(DE23 area)

Below Market Value

This property is priced -26.7% below area average per sq ft

-26.7%
Potential saving
This Property
£174/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£374,933
10% above area average per sq ft
Potential ROI
+29.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE23)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +9.5%
Investment Disclaimer: Analysis based on DE23 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

Derby Lane, Sunnyhill, Derby
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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
£944
Based on a loan of £187,500 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.

Stamp duty calculator

Price History

-13.8% since listed
£250,000£20,000(-7.4%)
22/07/2026
Current price
£270,000£20,000(-6.9%)
04/07/2026
£290,000Initial listing
24/06/2026

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