Summary - 33 MORTIMER STREET DERBY DE24 8FW
3 bed 1 bath Semi-Detached
Chain-free 3-bed semi with large garden and renovation upside in strong rental area.
Chain-free and described as ready-to-let, immediate acquisition possible
Large rear garden with potential for driveway (requires permissions)
Approx. 583 sq ft; three bedrooms but overall property is small
Partly modernised but property needs renovation throughout
Council Tax Band A and EPC D minimise tenant running costs
Area classed very deprived with higher local crime — consider management
Excellent mobile signal and fast broadband; good commuter links
Tenure reported as freehold in listing; official title should be verified
This three-bedroom semi-detached on Mortimer Street presents a clear investor opportunity in a high-demand rental area of Derby. The property is chain-free and described as ready to let, with a large kitchen/diner, gas central heating and uPVC double glazing already in place. The sizeable rear garden and scope for an off-street driveway (subject to permissions) add practical rental appeal and resale upside.
The house is small (approx. 583 sq ft) and needs renovation to reach its full potential; works will be required in places and the finish is partly modernised. Council Tax Band A and an EPC D help keep running costs down for tenants, but the local area is classified as very deprived with higher-than-average crime — factors that affect rental risk and management requirements.
For an investor seeking a straightforward buy-to-let or a light refurbishment flip, this property offers attractive gross yield potential driven by strong local rental demand and excellent connectivity. Note the tenure information is inconsistent in the material provided (listing states freehold but tenure field marked unknown), so buyers should confirm title and permissions for driveway changes before exchange.
Overall, this is a practical, value-led purchase: modest size and renovation need balanced by low operating costs, decent plot, and immediate letting prospects in a commuter-friendly Derby location.
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