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Cowley Street, Off Kedleston Road, Derby DE1 - Image 1
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Cowley Street, Off Kedleston Road, Derby DE1

East Midlands

£146,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This terraced period property presents an exciting opportunity for those looking to invest or for first-time buyers eager to put their personal touch on a home. With three bedrooms and the desirable addition of off-street parking, it is located just off Kedleston Road in Derby. The home has already seen some updates, including a new roof, providing a solid foundation for further renovations. Internally, the layout includes an entrance hall leading into a spacious lounge with natural light from double-glazed windows. The kitchen/diner offers ample potential for modernisation and reconfiguration to create a more open-plan living space, while the separate utility room adds practicality. Upstairs, three bedrooms provide flexible accommodation options, and the family bathroom features a basic three-piece suite that could benefit from updating. With access to a detached garage and additional outdoor space—including an enclosed garden—this property is not only charming but also functional. Situated in the heart of Derby, you'll find all amenities within walking distance, from educational institutions to parks and shops. While the current owner has previously secured planning permission for extension at the rear (now expired), this highlights the potential for further development (subject to necessary permissions). This property is well-positioned for those looking to enhance its value through thoughtful renovation.

Investment Analysis

(DE1 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£196
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (DE1)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -4.9%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on DE1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Cowley Street, Off Kedleston Road, Derby DE1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£527
Based on a loan of £109,500 over 30 years at 4.06% 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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