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Drage Street, DERBY

East Midlands

£70,000Guide Price

Listed on 22/08/2026

Property details

Bedrooms
2
Type
Flat

Features

  • Parking

Description

This first-floor flat, set within a purpose-built structure, offers significant renovation potential. It is being sold under auction conditions and requires modernisation, making it an ideal investment opportunity for those looking to add value through refurbishment. The property consists of two bedrooms and includes allocated parking. Located in the desirable Chester Green area of Derby, it benefits from excellent public transport connections and proximity to local amenities, including shops, dining options, and recreational spaces like Darley Park. Currently let under an assured shorthold tenancy at £710 per month, this flat represents a strategic acquisition for investors seeking rental income alongside potential capital growth after renovations.

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Location

Drage 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
£264
Based on a loan of £52,500 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

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