Summary - 23 JUNCTION STREET DERBY DE1 1LX
3 bed 1 bath Terraced
- Three-bedroom Victorian mid-terrace, approx. 746 sq ft
- Freehold with small, low-maintenance rear garden
- Close to Derby City Centre and Royal Derby Hospital
- Popular student/professional area; strong rental demand potential
- Reported electrical problems in kitchen; gas fire disconnected
- Electric storage heaters; solid brick walls likely uninsulated
- Sold via Modern Auction: undisclosed reserve and buyer fees apply
- Local area crime rate: very high; factor in security costs
A spacious three-bedroom mid-terrace in central Derby, offered freehold and sold via Modern Auction. The house sits close to Derby City Centre and the Royal Derby Hospital, in a neighbourhood popular with students and professionals—giving clear rental demand and short-term letting potential.
The layout includes lounge, separate dining room, kitchen and three first-floor bedrooms across approximately 746 sq ft, plus a low-maintenance rear garden. Period brick construction and standard ceiling heights give character and straightforward room proportions for redecoration or conversion work.
Buyers must note material issues and the auction terms. The kitchen reportedly has electrical problems and a front gas fire is disconnected; heating is via electric storage heaters and walls are likely uninsulated (solid brick). The property is offered through the Modern Method of Auction subject to an undisclosed reserve, buyer reservation fees and additional buyer charges—check the Buyer Information Pack and allow for the non-refundable reservation fee and application costs.
For investors or hands-on buyers this is a value-led opportunity: close to transport links, local amenities and several well-rated schools, it could suit an HMO, rental let or refurbishment project. However, factor in remediation costs, potential rewiring and the neighbourhood’s very high crime statistic when assessing yield and mortgage options.
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