May Street, Derby
East Midlands
£110,000
Listed on 12/10/2026
Listed on 12/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
711 sqftFeatures
- Garden
Description
This two-bedroom mid-terrace house is within reach of Derby city centre and is described as having two reception rooms, a rear kitchen, a family bathroom and a rear garden. The ground floor arrangement includes a living room leading through to a separate dining room, with the kitchen opening towards the garden. Upstairs are two bedrooms and the bathroom.
The property offers scope for updating and personalisation. The rear garden is described as generous, while on-street parking is available at the front. Shops, schools, supermarkets, leisure facilities and public transport links are stated to be nearby. The home is freehold and may suit buyers looking to improve a property over time.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £110,000, this two-reception mid-terrace is priced well below the local average per square foot, giving buyers a strong opportunity to acquire a substantial project at a low entry price. The dated, worn interiors, deteriorated kitchen and bathroom, damaged ceiling finishes and overgrown rear garden offer plenty of scope to reshape and personalise the house; the two reception rooms and garden provide a useful canvas. The £42,000–£78,000 renovation range signals a full-scale job rather than a cosmetic refresh, and the overall score is weak because the works leave only a modest margin against the implied local average value: that comparison is not a renovated GDV and excludes fees and stamp duty.
Key opportunities
- The two separate reception rooms offer scope to refresh the living and dining spaces while retaining flexible everyday and entertaining areas.
- The tired kitchen and severely deteriorated bathroom give a buyer room to create a more cohesive interior through a considered replacement and finish scheme.
- The generous rear garden can be cleared and improved into a more usable outdoor space.
Key risks
- Worn finishes across several rooms, damaged ceiling areas, a deteriorated kitchen and bathroom, and a debris-strewn overgrown garden make the £42,000–£78,000 works range a full-gut-scale programme, not a cosmetic refresh.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£416
Based on a loan of £82,500 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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