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East Midlands
£65,000Guide Price
Listed on 03/09/2026
Listed on 03/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This terraced house is listed at a guide price of £65,000, which is notably cheap compared to the local average sale price of £280,274. While the asking price presents a modest opportunity, the absence of usable floor area limits the value assessment. The property's overall condition is dated, with signs of wear and tear visible throughout, including worn flooring and marked walls in the living areas, and old fixtures in the bathroom and kitchen. The garden requires significant maintenance, but the home's potential for improvement is appealing, especially given its proximity to Derby city centre, which boasts excellent amenities and strong rental demand for two-bedroom properties.
With a renovation budget estimated between £50,000 and £100,000, there is considerable scope to enhance this property and add value. The structure appears sound, and the average exterior condition suggests that while there is work to be done, it is not a major detraction. This listing offers a unique chance for savvy buyers to create their ideal home or investment property in a desirable location, despite the need for significant refurbishment.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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