Summary - 245 NOTTINGHAM ROAD DERBY DE21 6AP
2 bed 1 bath Terraced
Two genuine double bedrooms and spacious first-floor accommodation
For sale at auction on 25th September 2025, this two-bedroom mid-terrace on Nottingham Road offers clear investor potential in a strong rental area close to Derby city centre and Pride Park. The property is offered with immediate vacant possession and generous first-floor living space, sitting on a small plot with a good-sized rear garden and side passage to a yard.
Constructed in traditional brick with period features such as an original fireplace and decorative moulding, the house requires a comprehensive scheme of improvement: dated interiors, carpets, and kitchen, plus central heating that is described as in need of attention. There is scope for extension and a loft conversion (subject to planning consent), which could significantly increase rental income or resale value once renovated.
Buyers should note material negatives: the property is in a very deprived area with above-average crime, medium flood risk, and will be sold at auction under unconditional terms. Auction purchasers must pay a 5% deposit (minimum £5,000) and a non-refundable buyer’s fee (4.8% of purchase price, minimum £6,000 inc. VAT). Council tax is very cheap (Band A), and broadband and mobile signal are strong.
This is best suited to experienced investors or developers prepared to undertake refurbishment and manage auction purchase risks. The combination of location, planning potential and vacant possession creates an opportunity for an investor able to budget for remedial works and factor auction costs into their bid.
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