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Cardigan Street, Derby, DE21

East Midlands

£175,000

Listed on 05/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
960 sqft

Description

This three-bedroom semi-detached house presents an excellent opportunity for first-time buyers and growing families alike. The property boasts a spacious rear garden, ideal for outdoor activities, and offers parking for two cars. Inside, the entrance hall leads to a lounge that provides a cozy retreat away from the kitchen and dining area. The kitchen/diner is well-equipped with matching wall and base units, work surfaces, and plumbing for a washing machine, making it functional for family meals. A good-sized conservatory enhances the living space, overlooking the garden and providing additional room for relaxation or dining. Completing the ground floor is a convenient wet room. Upstairs, the first-floor landing grants access to three bedrooms, with two overlooking the rear garden and one positioned at the front of the house. Each room is equipped with a radiator, ensuring comfort throughout. The property also offers potential for extension, subject to obtaining the necessary planning permissions. Located on Cardigan Street, this home is well-placed for local amenities including shops, primary schools, and medical facilities. Derby city centre is easily accessible, along with convenient routes to the A52 towards Nottingham and beyond. This property represents a promising investment in a desirable area.

WHOTS analysis

Our WHOTS verdict

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

74out of 100
Grade BGood opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house offers an exceptional opportunity for buyers looking to acquire a property with a fantastic-sized rear garden and a good-sized conservatory. Priced at £175,000, the asking figure is significantly below the local average of £259/sqf, making it an attractive acquisition for those wanting to invest in a renovation project. With a potential all-in cost of around £215,000, this property presents a margin against local averages that suggests a good return on investment once the necessary updates are made.

While the interior is dated and shows general wear throughout, this presents a canvas for new owners to modernize the space according to their taste. The kitchen and wet room are functional but could benefit from some updates. The potential for extension, subject to planning permissions, also adds to the allure of this property. Overall, this home is well-placed for families and first-time buyers, with good local amenities and transport links close by.

Key opportunities

  • Spacious rear garden with potential for extension
  • Good-sized conservatory adding extra living space
  • Affordable entry point for a renovation project

Key risks

  • General wear and dated decor throughout
  • Potential structural concerns not visible
  • Medium scale renovation required

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Map

Location

Cardigan Street, Derby, DE21
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 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.

Tax

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