Summary - 54 PEEL STREET, DERBY, DERBY DE22 3GH
2 bed 1 bath Terraced
Chain-free investment close to university with strong rental potential.
- Two double bedrooms and one bathroom, 753 sq ft
- Mid-terrace Victorian period facade, sash windows
- Within walking distance to Derby University and city centre
- Requires full modernisation; kitchen and decor dated
- Freehold and offered with no upward chain
- Above-average local crime and deprived area classification
- Small rear plot and average overall property size
- Fast broadband and excellent mobile signal
An attractive two-double-bedroom Victorian mid-terrace near Derby University, offered chain-free and as a freehold. The 753 sq ft layout provides living room, kitchen, two doubles and one bathroom — space that will suit buy-to-let portfolios or investors seeking rental demand from students and city workers. The location is practical: walking distance to the university, easy access to the A52/A38 and frequent local amenities and transport links.
The property requires renovation throughout — dated mid-20th-century kitchen, wear and tear, peeling paint and general modernisation needed. These works present scope to add value with an updated kitchen, bathroom and cosmetic refresh. Broadband speeds are fast and mobile signal is excellent, supporting strong rental appeal.
Be candid about the context: the area is classified as a deprived, high private-renting neighbourhood with above-average crime levels and a small plot size. That said, the low council tax, no flooding risk and proximity to several schools and city-centre facilities make this a pragmatic investment for those prepared to refurbish and manage tenant demand.
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