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Westbury Street, Derby DE22

East Midlands

£150,000
Listed on 23/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
906 sqft

Description

This two-bedroom mid-terrace property, set in a no-chain scenario, presents a compelling opportunity for buyers eager to invest in refurbishment. The layout includes two reception rooms on the ground floor, along with a kitchen and lean-to that leads out to a manageable garden. Upstairs, you will find two bedrooms and a bathroom. This home is ripe for modernization, allowing new owners to tailor it to their tastes. Notably, the loft space is already boarded with power and lighting, offering potential for conversion into an additional bedroom or office (subject to planning permission). The outbuilding in the rear garden adds further utility with its electricity supply, enhancing the property's appeal as an investment project.

Investment Analysis

(DE22 area)

Below Market Value

This property is priced -33.7% below area average per sq ft

-33.7%
Potential saving
This Property
£166/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£248,951
10% above area average per sq ft
Potential ROI
+31.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +11.6%
5 year growth: +23.2%
Investment Disclaimer: Analysis based on DE22 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

Westbury Street, Derby DE22
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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
£541
Based on a loan of £112,500 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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