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3 Bainbrigge Street, Derby, Derbyshire DE23 6SX - Image 1
3 Bainbrigge Street, Derby, Derbyshire DE23 6SX - Image 2
3 Bainbrigge Street, Derby, Derbyshire DE23 6SX - Image 3

3 Bainbrigge Street, Derby, Derbyshire DE23 6SX

East Midlands

£65,000Guide Price

Listed on 03/09/2026

The listing

Property details

Bedrooms
N/A
Type
Terraced

Description

This two-bedroom terraced house is offered at auction on 30 September 2026, presenting an excellent opportunity for renovation and value enhancement. The property features a front lounge, a kitchen/diner, a utility room, two bedrooms, and a family bathroom. Outside, there is a courtyard area leading to a rear garden, providing potential for outdoor improvements. Located within easy reach of Derby city centre, this property benefits from a vibrant array of shopping, dining, leisure, and entertainment options. The area is well-served by regular public transport links, ensuring straightforward access to Derby Railway Station, the A52, and the A38. With vacant possession, this property is primed for those looking to invest in a project with significant scope for improvement.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

52out of 100
Grade DWeak opportunity

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.

Key opportunities

  • Great location near Derby city centre with strong rental demand for two-bedroom properties.
  • Significant scope for renovation and improvement throughout the property.
  • Potential to create a desirable outdoor space by restoring the overgrown garden.

Key risks

  • The property requires significant refurbishment, which will necessitate a considerable budget.
  • Overall wear and tear observed throughout the property may lead to unforeseen repair costs.

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Map

Location

3 Bainbrigge Street, Derby, Derbyshire DE23 6SX
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£246
Based on a loan of £48,750 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.

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