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Village Street, Derby

East Midlands

£90,000

Listed on 29/06/2026

Property details

Bedrooms
2
Type
Detached

Description

This three-bedroom detached property, situated in the desirable Normanton area of Derby, is available for sale with vacant possession. It offers significant renovation potential throughout, making it an appealing project for both buyers and investors looking to enhance its value. The home features two spacious reception rooms and a breakfast kitchen that presents ample opportunity for reconfiguration to meet contemporary living standards. On the first floor, you will find three generously sized double bedrooms along with a shower room and separate W.C., ideal for family living or as a rental opportunity. The property is set on a plot with gardens on either side, providing outdoor space that could be landscaped or extended (subject to necessary planning permissions). Additionally, there is off-road parking available via a side driveway. As the property currently lacks gas connections and requires a comprehensive modernization scheme, it stands as an attractive option for those wanting to create a tailored living space to their specifications. Its strategic location near local amenities and transport links further enhances its investment appeal, especially in this high-demand area known for strong rental yields.

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Investment analysis

(DE23 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£210
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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
18%
Properties sold annually

Local Market Trend (DE23)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -1.4%
5 year growth: +8.4%
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

Village Street, Derby
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£340
Based on a loan of £67,500 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

Next Steps

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