Mill Hill Lane, Derby
East Midlands
£240,000Guide Price
Listed on 07/10/2026
Listed on 07/10/2026
The listing
Property details
Bedrooms
4Type
End Of TerraceArea
1905 sqftFeatures
- Garden
Description
This four-bedroom Victorian property is arranged over multiple levels and is described as requiring modernisation. The ground floor includes an entrance porch and hall, a front living room, two further dining rooms and a kitchen. Three bedrooms and a family bathroom occupy the first floor, with an additional loft room above. The cellar contains two further rooms, offering useful storage or other potential subject to inspection and suitability.
The kitchen has fitted wall and base units, an integrated oven and hob, and space and plumbing for a washing machine. The bathroom has a bath with an electric shower over, WC and wash basin. The property is close to Derby's shopping facilities, supermarkets, cafés and other everyday amenities, with the city centre and access to the A38, A50 and wider road network within reach.
Offered through the Modern Method of Auction, the sale involves a reservation agreement and fee in addition to the purchase price. Buyers should review the information pack, auction terms and associated costs, and carry out their own checks on the property and its services.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
78out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £240,000, this four-bedroom Victorian house is offered at about £126 per sq ft, well below the local average of £237 per sq ft—an unusually attractive entry point for a substantial, multi-storey home close to Derby’s centre. The asking price and light-work profile make this a strong value-led project, with several reception spaces, an attic room and cellar rooms giving scope to refresh and make the property your own.
The work shown is mainly decorative: update the patterned finishes and older flooring, and bring the overgrown enclosed garden back into use. The kitchen and bathroom fixtures appear broadly intact, while a localised low-level wall defect needs investigation. The £7,000–£15,000 renovation range indicates a relatively light project, though the defect should be checked as part of due diligence.
Key opportunities
- Refresh dated decoration and older flooring across the photographed living spaces for a relatively light modernisation project.
- Clear and improve the enclosed rear garden, with its brick boundaries providing a useful starting point.
- Make use of the multi-storey layout, including several reception spaces, an attic room and cellar rooms.
Key risks
- Investigate the localised low-level wall defect and establish its cause and repair scope before proceeding.
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Transport
Nearest stations
Derby Rail Station
0.7 miles
Train · Derby
Peartree Rail Station
1.2 miles
Train · Pear Tree
Spondon Rail Station
2.9 miles
Train · Spondon
Duffield Rail Station
5.2 miles
Train · Duffield
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£981
Based on a loan of £180,000 over 30 years at 5.13% 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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