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Hawthorn Street, Derby DE24

East Midlands

£150,000
Listed on 11/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace property presents a compelling opportunity for renovation and investment in a desirable area of Derby. Entering the home, you are welcomed by a spacious front lounge that provides a comfortable area for relaxation or entertaining guests. Adjacent to this is the kitchen diner, which offers generous space for meal preparation and dining, along with direct access to a sizeable garden—a feature that not only enhances outdoor living but also opens up possibilities for future extensions or landscaping improvements. The upper floor comprises two well-proportioned double bedrooms that can easily serve as sleeping quarters or adaptable work-from-home spaces, alongside a single bedroom that may function as a child's room or office. The rear shower room ensures practical amenities are conveniently located. While the property is in need of refurbishment, this aspect is precisely where its potential shines. Investors and first-time buyers alike will appreciate the chance to customize and modernize the interiors to their liking, thus increasing both comfort and value. The expansive garden further enhances this investment appeal, presenting options for development subject to necessary planning permissions. Located on Hawthorn Street, this home benefits from being in a vibrant residential neighborhood with excellent transport links to Derby's city center. Local schools, parks, and shops within walking distance make it attractive to families and prospective tenants. The proximity to Derby's bustling shopping and dining scene adds to the convenience of living in this location. This property not only offers immediate living space but also serves as an exciting canvas for those looking to invest in real estate or create their ideal home through thoughtful renovations.

Investment Analysis

(DE24 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£15,000 - £37,500
10-25% of property value
Monthly Sales
41
Average per month
Market Turnover
90%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by +4.5% over the last 12 months
3 year growth: 10.3%
5 year growth: 26.0%
Investment Disclaimer: Analysis based on DE24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hawthorn Street, Derby DE24
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