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Patmore Square, Derby

East Midlands

£150,000

Listed on 14/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house presents a unique opportunity for investors, developers, or first-time buyers looking to undertake a significant renovation project. While the property requires extensive modernisation throughout, it offers a practical layout and well-proportioned rooms, providing a solid foundation for refurbishment. The internal accommodation includes a separate living room, kitchen, three bedrooms, and a family bathroom. The principal bedroom is comfortably sized, and one of the additional bedrooms features a charming bay window. A small utility area adds practical space, while external features include attached storage housing the boiler and a separate outside WC. Notably, this property was previously affected by a house fire, which highlights the need for careful inspection and consideration before proceeding. This property offers considerable scope for improvement and personalisation, allowing the next owner to modernise to their own taste and potentially add value in the process.

WHOTS analysis

Our WHOTS verdict

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

60out of 100
Grade CPotential opportunity

Confidence: LOW

This three-bedroom semi-detached property is a heavy renovation project, requiring significant work throughout, but it also offers a fantastic opportunity for those willing to roll up their sleeves. Priced at a guide of £150,000, this property sits well below the local average, making it an appealing option for investors and first-time buyers alike. The layout is practical, providing a solid foundation for a complete transformation.

The interior shows considerable signs of wear and damage, with visible issues in the living areas and bedrooms, while the overgrown garden and exterior wear signal the extent of the work needed. However, the potential for layout redesign and modernisation is clear, especially considering the good proportions of the rooms and the characterful bay window in one of the bedrooms. Given the previous fire damage, there may be additional considerations, but the chance to create a personalized home is certainly enticing. With renovation costs estimated between £100,000 and £150,000, this property allows for significant value addition, making it a project worth considering for the right buyer.

Key opportunities

  • Potential for layout redesign and modernization throughout the property.
  • Good room proportions and a characterful bay window enhance the living spaces.
  • Opportunity to create a personalized home tailored to individual specifications.

Key risks

  • Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Significant signs of wear and damage throughout the property, particularly in the living areas and bedrooms.
  • Previous fire damage may require additional structural assessments.

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Map

Location

Patmore Square, Derby
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Finance

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

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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
£567
Based on a loan of £112,500 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.

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