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Walter Street, DERBY

East Midlands

£170,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1038 sqft

Description

This three-bedroom mid-terrace house presents a solid investment opportunity in the East Midlands, ideal for buyers looking to add value through renovation. The property boasts a traditional layout featuring a lounge, dining room, and kitchen on the ground floor, while upstairs there are three well-proportioned bedrooms and a four-piece bathroom suite. Although it offers ample living space, this home is ready for personal touches and improvements, making it perfect for those wanting to put their own mark on a property. Externally, the low-maintenance garden is secured with fencing and includes an outside toilet and shed. Additionally, off-road parking is available thanks to the dropped kerb at the rear of the property. Offered with no onward chain, this home is an excellent canvas for your renovation ideas.

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Investment analysis

(DE1 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£164/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£192
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£277,001
10% above area average per sq ft
Potential ROI
+42.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (DE1)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -0.9%
5 year growth: -1.7%
Investment Disclaimer: Analysis based on DE1 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

Walter Street, 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
£642
Based on a loan of £127,500 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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